Shinwa Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2022
May 13, 2021 at 08:20 am
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Shinwa Co., Ltd. provided Consolidated earnings Guidance for the first half and Full year Ending March 31, 2022. For the first half, the company expects revenue to be of JPY 7,182 Million. Operating profit expected to be of JPY 799 Million. Profit expected to be of JPY 521 Million. Basic earnings per share expected to be of JPY 36.94.
For the Full year Ending March 31, 2022, the company expects revenue to be of JPY 15,000 Million. Operating profit expected to be of JPY 1,700 Million. Profit expected to be of JPY 1,128 Million. Basic earnings per share expected to be of JPY 80.00.
Shinwa Co Ltd is a Japan-based company engaged in the manufacture, sale and maintenance of production equipment and materials in the manufacturing industry. The Company operates in four regional segments. The Company is engaged in the sale of metal joints, industrial equipment, factory automation (FA) system related products, the provision of cover welding and spraying services, soldering services and maintenance works, the manufacture and sale of FA systems, as well as the logistics business, the real estate management business, the insurance agency business, and the manufacture and sale of resin products. The Company operates within the domestic market and to overseas markets, including the United States, Southeast Asia and China.