Okabe Co., Ltd. Provides Consolidated Financial Guidance for the First Half and Full Year Ending December 31, 2023
May 12, 2023 at 02:00 am EDT
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Okabe Co., Ltd. provided consolidated financial guidance for the First half and full Year Ending December 31, 2023. For the First half, the company expected net sales of JPY 38,800 million, Operating profit of JPY 2,570 million, Profit attributable to owners of parent of JPY 1,770 million and profit per share of JPY 37.79.
For the full Year, the company expected net sales of JPY 82,000 million, Operating profit of JPY 5,700 million, Profit attributable to owners of parent of JPY 3,890 million and profit per share of JPY 83.05.
OKABE CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of construction equipment and materials. The Company operates in three business segments. The Construction-related Product segment manufactures and sells temporary and formwork construction products, civil engineering products and structural products, and purchases and sells construction materials. The Automobile-related Product segment is engaged in the planning and sale of automobile related products. The Others segment manufactures and sells marine materials and supplies, and manufactures and sells fishing products in the United States.