Satori Electric Co., Ltd. provided Consolidated Financial Results Forecast for the first six months and full year of Fiscal Year Ending May 31, 2023. For the first six months, the company expected Net sales of JPY 65,000 million, Operating profit of JPY 1,000 million, Profit attributable to owners of parent of JPY 800 million and Basic earnings per share of JPY 48.62.

For the full year, the company expected Net sales of JPY 135,000 million, Operating profit of JPY 2,300 million, Profit attributable to owners of parent of JPY 2,000 million and Basic earnings per share of JPY 121.55.