Mimaki Engineering Co., Ltd. Announces Financial Results for the Third Quarter Ended December 31, 2020
February 10, 2021 at 01:00 am EST
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Mimaki Engineering Co., Ltd. announced financial results for the third quarter ended December 31, 2020. For the quarter, the company reported net sales of JPY 34,426 million against JPY 41,503 million a year ago. Operating loss was JPY 836 million against operating profit of JPY 909 million a year ago. Loss attributable to owners of parent was JPY 697 million against profit attributable to owners of parent of JPY 136 million a year ago. Loss per share basic was JPY 23.65 against earnings per share of JPY 4.60 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.