Iwaki Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Year Ending March 31, 2021
August 06, 2020
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Iwaki Co., Ltd. provided consolidated earnings guidance for the first half and Year Ending March 31, 2021. For the First half, the company expects Net sales to be JPY 13,341 million, Operating profit to be JPY 441 million, Profit attributable to owners of parent to be JPY 670 million, Net income per share to be JPY 30.45.
For the year, the company expects Net sales to be JPY 28,280 million, Operating profit to be JPY 1,332 million, Profit attributable to owners of parent to be JPY 1,537 million, Net income per share to be JPY 69.79.
IWAKI CO., LTD. is a Japan-based company mainly engaged in the development, manufacture, purchase and sale of chemical pumps and peripheral equipment such as pump dedicated controllers and others which are used in transportation of liquid chemicals. The Company is also engaged in the maintenance services including repair of products, provision of after services and installation works. Chemical pumps are used for transferring high-purity chemicals in industrial fields including semiconductors and liquid crystals, chemical, electronic components, water treatment, food, medical and solar cells, fuel cells and secondary batteries.The Company distributes its products, including magnet pumps, metering pumps, air-driven pumps, rotating volume pumps, air pumps and system products to various markets such as semiconductor and liquid crystal, medical device, surface treatment equipment, water treatment, chemical, new energy and other markets.