Kawata Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2020
November 11, 2020 at 12:00 am EST
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Kawata Mfg. Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2020. For the period, the company reported net sales of JPY 8,695 million compared to JPY 11,325 million a year ago. Operating income was JPY 299 million compared to JPY 931 million a year ago. Net income attributable to owners of parent was JPY 131 million or JPY 18.66 per basic share compared to JPY 587 million or JPY 82.94 per basic share a year ago.
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.