Brother Industries, Ltd. Announces Consolidated Earnings Results for the Three Months and Nine Months Ended December 31, 2020
February 03, 2021 at 03:49 pm EST
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Brother Industries, Ltd. announced consolidated earnings results for the three months and nine months ended December 31, 2020. For the three months, the company reported revenue JPY 177,423 million against JPY 166,395 million a year ago. Operating profit was JPY 30,321 million against JPY 18,896 million a year ago. Profit for the period was JPY 22,883 million against JPY 14,316 million a year ago. Basic earnings per share was JPY 87.85 against JPY 55.01 a year ago. Diluted earnings per share was JPY 87.57 against JPY 54.83 a year ago.
For the nine months, the company reported revenue JPY 467,486 million against JPY 484,883 million a year ago. Operating profit was JPY 62,840 million against JPY 55,423 a year ago. Profit for the period was JPY 47,609 against JPY 41,668 a year ago. Basic earnings per share was JPY 182.90 against JPY 160.01 a year ago. Diluted earnings per share was JPY 182.33 against JPY 159.51 a year ago.
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.