Eagle Industry Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of March 31, 2023
August 03, 2022 at 12:00 am EDT
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Eagle Industry Co.,Ltd. provided consolidated earnings guidance for the six months and full year of 2023. For the six months, the company expects net sales to be JPY 75,400 million, operating profit to be JPY 2,900 million, profit attributable to owners of parent to be JPY 3,000 million and earnings per share to be JPY 61.07.
For the year, the company expects net sales to be JPY 153,100 million, operating profit to be JPY 8,400 million, profit attributable to owners of parent to be JPY 7,200 million and earnings per share to be JPY 146.57.
EAGLE INDUSTRY CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of mechanical seals, special valves and other sealing device-related products. The Company operates in four business segments. Automobile and Construction Machinery Industry Related segment manufactures and sells mechanical seals (shaft seals) and special valves for automobiles and construction machinery, as well as special valves for the electric power industry. General Industrial Machinery and Semiconductor Industry Related segment manufactures and sells mechanical seals (shaft seals) for industrial machinery, oil refining, and chemical plant industries, as well as precision bellows products. Marine Industry Related segment manufactures and sells stern tube seals (shaft seals) and bearings. Aerospace Industry Related segment manufactures and sells various seals (shaft seals), as well as pressure sensors for aircraft and rocket engines.