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Casio Computer Q1 Profit Down; Confirms H1, FY23 Outlook – Quick Facts

(RTTNews) – The Casio Computer Co. Ltd of Japan ( CSIOF.PK , CSIOY.PK ) on Wednesday reported that first-quarter profit attributable to parent owners fell 2 percent to 4.22 billion yen from 4.30 billion yen a year earlier. Basic earnings per share were 17.60 yen, up from 17.74 yen last year.

Net sales were 61.27 billion yen for the quarter, up 3.2 percent from last year’s 59.38 billion yen.

Looking ahead for the first half, the company still projects attributable net income of 6.50 billion yen or 27.15 yen per share, down 26.2 percent from last year, and net sales of 130 billion yen, up by 3.2 percent from last year.

Additionally for fiscal 2023, the company continues to expect attributable net income of 17.50 billion yen or 73.12 yen per share, up 10.1 percent from last year, and net sales of 270 billion yen, 7 percent from last year.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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