Nippon Carbon Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and Full Year Ending December 31, 2023
March 24, 2023 at 02:00 am EDT
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Nippon Carbon Co., Ltd. provided consolidated earnings guidance for the six months ending June 30, 2023 and full year ending December 31, 2023. For the six months, company expects net sales of JPY 18,700 million, operating profit to be JPY 1,600 million, profit attributable to owners of parent to be JPY 1,000 million and earnings per share of JPY 90.55.
For the year, company expects net sales of JPY 38,900 million, operating profit to be JPY 3,000 million, profit attributable to owners of parent to be JPY 1,700 million and earnings per share of JPY 153.93.
Nippon Carbon Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of carbon products. The Company operates in three business segments. The Carbon Product-related segment is engaged in the manufacture, processing and sale of carbon products, including artificial graphite electrodes, impervious graphite, isotropic high purity graphite, graphite products for equipment, general carbon fiber and graphitic fiber, lithium-ion battery negative-electrode materials and others. The Silicon Carbide Product-related segment manufactures and processes materials, and sells products. Others segment is engaged in the leasing of real estate properties, as well as manufacture and repair of industrial machinery.