Kawada Technologies, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2021
May 18, 2021 at 04:00 am EDT
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Kawada Technologies, Inc. reported consolidated and non-consolidated earnings results for the year ended March 31, 2021. For the year, the consolidated basis, company reported net sales of ¥115,545 million compared to ¥127,048 million a year ago. Operating income was ¥5,565 million compared to ¥6,759 million a year ago. Profit was ¥6,428 million compared to ¥6,526 million a year ago. Earnings per share was JPY 1,077.29 compared to JPY 1,098.68 a year ago. Diluted earnings per share was JPY 1,076.54 compared to JPY 1,095.57 a year ago.
For the year, the non-consolidated basis, company reported net sales of ¥2,052 million compared to ¥2,108 million a year ago. Operating income was ¥861 million compared to ¥933 million a year ago. Profit was ¥1,082 million compared to ¥1,122 million a year ago. Earnings per share was JPY 183.08 compared to JPY 189.95 a year ago. Diluted earnings per share was JPY 182.96 compared to JPY 189.42 a year ago.
KAWADA TECHNOLOGIES, INC. is a company engaged in the construction-related business. The Company operates in four business segments. The Steel Structure segment designs, manufactures and builds steel bridges and constructional steel frames. The Civil Engineering and Construction segment is involved in the design, manufacture and building of pre-stressed concrete (PC) bridges and pre-beam bridges, as well as the maintenance of bridges. The Construction segment is engaged in the design and subcontract of construction works. The Others segment is involved in the development, manufacture and sale of next-generation industrial robots, development and sale of software, the sale of system equipment, the architectural analysis, design and drawing of bridges, the sale of bridge accessories, the aircraft business, as well as the subcontract, planning, design, supervision and consulting of construction works.