Sato Shoji Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
August 03, 2023 at 02:30 am EDT
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Sato Shoji Corporation provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 132,000 million, operating profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,950 million or JPY 92.34 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 277,000 million, operating profit of JPY 6,200 million and profit attributable to owners of parent of JPY 4,500 million or JPY 213.08 per share.
SATO SHO-JI CORPORATION is a company primarily engaged in the metal business. The Company operates in five business segments. The Steel and Iron segment sells common steel, such as surface-treated steel plates, cold-rolled steel, pickling steel, hot-rolled steel and steel bars, special steel, such as structural carbon steel, structural alloyed steel, and tool steel, as well as architectural materials and equipment, among others. The Non-Ferrous Metal segment sells aluminum, zinc, metal silicon and copper alloy, among others. The Electronic Materials segment sells electrical materials such as laminated sheets for printed circuit boards (PCBs) and others. The Life Operation segment sells tableware, such as Western-style tableware and others. The Machinery and Tools segment sells machine tools, factory line kits, cutting tools, grinding wheels and working tools, among others.
SATO SHOJI CORPORATION 
