Kawata Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
October 30, 2019
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Kawata Mfg. Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 11,325 million compared to JPY 11,948 million a year ago. Operating income was JPY 931 million compared to JPY 1,182 million a year ago. Net income attributable to owners of parent was JPY 587 million or JPY 82.94 per basic share compared to JPY 870 million or JPY 122.92 per basic share a year ago.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 21,000 million, operating income of JPY 1,700 million, net income attributable to owners of parent of JPY 1,190 million or JPY 168.04 per share.
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. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
KAWATA MFG. CO., LTD. 
