Mimaki Engineering Co., Ltd. Announces Financial Results for the Quarter Ended September 2020
November 11, 2020 at 01:00 am EST
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Mimaki Engineering Co., Ltd. announced financial results for the quarter ended September 2020. For the period, the company reported net sales of JPY 20,862 million against JPY 27,363 million a year ago. Operating loss was JPY 1,902 million against profit of JPY 551 million a year ago. Loss attributable to owners of parent was JPY 1,453 million against profit JPY 181 million a year ago. Loss per share basic of JPY 49.28 against EPS of JPY 6.11 a year ago.
MIMAKI ENGINEERING CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of ink-jet printers, cutting plotters and others. The Company supplies industrial printers and cutting plotters for the sign graphics (SG), industrial product (IP) and textile and apparel (TA) markets. Its printers and cutting plotters for the SG market are used for the creation of indoor and outdoor signs, displays and sign boards, among others. Its equipment for the IP market is used at various manufacturing sites for novelty goods, nameplates, cards and others. Its products for the TA market are used for printing on sports apparel such as cloths, uniforms, among others. The Company is also involved in the provision of printing services through Internet, as well as the operation of research and development business.