Ns Tool Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2023 and Fiscal Year Ending March 31, 2024
July 31, 2023 at 02:30 am EDT
Share
NS Tool Co., Ltd. provided consolidated earnings guidance for the six months ended September 30, 2023 and fiscal year ending March 31, 2024. For six months, on a consolidated basis, the company expects net sales to be JPY 4,970 million, operating profit to be JPY 930 million, profit attributable to owners of parent to be JPY 600 million or JPY 24.04 per basic share.
For the year, on a consolidated basis, the company expects net sales to be JPY 9,870 million, operating profit to be JPY 1,820 million, profit attributable to owners of parent to be JPY 1,220 million or JPY 48.88 per basic share.
NS Tool Co Ltd is a Japan-based company mainly engaged in the production and sale of end mills, which are cutting tools that are attached to machining centers (machine tools) to process metals. The Company operates in two business segments. End Mill segment is engaged in the manufacture and sale of cutting tools centering on carbide small-diameter end mills. Others segment is engaged in the manufacture and sale of plastic moldings focusing on tool cases. The product sizes include end mill (6mm or less), end mill (over 6mm), and end mill (others).
NS TOOL CO., LTD. 
