Tsubaki Nakashima Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. For the year, the company expects sales to be JPY 79,000 million compared to previous forecast of JPY 78,000 million, operating loss to be JPY 9,060 million compared to previous forecast operating profit of JPY 4,100 million. Net loss for the period attributable to owners of the parent to be JPY 11,070 million compared to previous forecast profit of JPY 2,300 million.

Basic loss per share to be JPY 274.47 compared to profit per share of JPY 56.77.