Kawata Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
August 08, 2019 at 09:30 pm EDT
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Kawata Mfg. Co., Ltd. announced consolidated earnings results for the three months ended June 30, 2019. For the period, the company reported net sales of JPY 5,918 million against JPY 5,567 million a year ago. Operating income was JPY 480 million against JPY 564 million a year ago. Net income attributable to the owners of parent was JPY 229 million against JPY 406 million a year ago. Basic earnings per share was JPY 32.36 against JPY 57.41 a year ago.
For the full year 2020, the company expects net sales to be JPY 21,000 million, operating income to be JPY 1,700 million, net income attributable to owners of parent to be JPY 1,190 million and basic earnings per share to be JPY 168.04.
KAWATA MFG.CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of plastic products making equipment, as well as the provision of related system engineering services and other related services. The Company operates through four regional segments. The Company is engaged in the production of transport equipment (Autoloaders), transport, weighing and mixing equipment (Auto Colors), high speed mixers (Super Mixers), driers (Challengers), large drying devices, material storage systems, automatic material supply systems, material weighing and mixing systems, mold temperature controllers (Just Thermo), mold cooling devices (Chillers), plastics crushers, as well as streamed equipment and automated systems for each process of environmental preservation. The Company operates in Japan, East Asia, Southeast Asia and North America.
Kawata Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
KAWATA MFG. CO., LTD. 
