Nippon Beet Sugar Manufacturing Co.,Ltd. provided earnings guidance for the first half and full fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 28,000 million, operating profit of JPY 900 million, ordinary profit of JPY 1,100 million, profit attributable to owners of parent of JPY 800 million or Basic EPS of JPY 59.33.

For the full fiscal year, the company expected net sales of JPY 62,000 million, operating loss of JPY 1,100 million, ordinary loss of JPY 700 million, loss attributable to owners of parent of JPY 500 million or Basic loss per share of JPY 37.08.