ShinMaywa Industries, Ltd. provided earnings guidance for the fiscal year ending March 31, 2023. For the year the company sales are expected to increase in all segments except special purpose trucks, and overall sales are projected to increase by JPY 8.1 billion year over year to JPY 225 billion. With regard to profit, however, operating profit is expected to decrease by JPY 1.5 billion to JPY 9 billion, due to a significant decrease in the special purpose trucks segment, caused by factors such as the high price of steel.