Rion Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2024
May 10, 2023 at 02:00 am EDT
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Rion Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal year ending March 31, 2024. For the period, the company expects net sales of JPY 11,700 million, operating profit of JPY 1,100 million, profit attributable to owners of parent JPY 700 million and basic earnings per share of JPY 56.90.
For the year, the company expects net sales of JPY 25,750 million, operating profit of JPY 3,000 million, profit attributable to owners of parent JPY 2,200 million and basic earnings per share of JPY 178.84.
RION CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of medical equipment and environmental equipment. The Company operates in two business segments. The Medical Equipment manufactures and sells hearing aids and training equipment for hearing impaired people, as well as audiometers and hearing testing equipment. The Environmental Equipment segment provides sound level meters, vibration meters, seismometers and frequency analyzers, as well as air particle counters and liquid particle counters.