Shofu Inc. provided earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, net sales are expected to increase 5.9% YoY to JPY 33,550 million. Operating profit is expected to slightly decrease by 0.1% YoY to JPY 3,820 million.

Net income is expected to decrease 11.7% YoY to JPY 2,769 million due to the absence of one-time extraordinary gains recorded in the fiscal year under review, such as gains on sales of investment securities and settlement income.