Eagle Industry Co., Ltd. Provides Consolidated Earnings Forecast for the Year Ending March 31, 2021
November 12, 2020 at 01:00 am EST
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Eagle Industry Co. Ltd. provided consolidated earnings forecast for the year ending March 31, 2021. For the year, the company expects net sales of JPY 124,100 million. Operating profit is expected to be JPY 1,100 million. Profit attributable to owners of parent is expected to be JPY 100 million or JPY 2.04 per share.
EAGLE INDUSTRY CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of mechanical seals, special valves and other sealing device-related products. The Company operates in four business segments. Automobile and Construction Machinery Industry Related segment manufactures and sells mechanical seals (shaft seals) and special valves for automobiles and construction machinery, as well as special valves for the electric power industry. General Industrial Machinery and Semiconductor Industry Related segment manufactures and sells mechanical seals (shaft seals) for industrial machinery, oil refining, and chemical plant industries, as well as precision bellows products. Marine Industry Related segment manufactures and sells stern tube seals (shaft seals) and bearings. Aerospace Industry Related segment manufactures and sells various seals (shaft seals), as well as pressure sensors for aircraft and rocket engines.