Sangetsu Corporation revised earnings guidance for the second quarter ended September 30, 2022 and year ending March 31, 2023. For the quarter, the company now expected Net Sales to be JPY 81,500 million from JPY 78,000 million; Operating income to be JPY 8,950 million from JPY 5,450 million; Net income attributable to owners of the parent to be JPY 6,200 million from JPY 3,700 million and Net income per share to be JPY 105.69 from JPY 63.09.

For the year, the company expected Net Sales to be JPY 170,000 million from JPY 159,000 million; Operating income to be JPY 17,500 million from JPY 10,000 million; Net income attributable to owners of the parent to be JPY 12,000
million from JPY 7,000 million and Net income per share to be JPY 204.56 from JPY 119.36.