Platz Co., Ltd. Provides Consolidated Earnings Guidance for the Quarter Ending June 2021
May 13, 2021 at 02:00 am EDT
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Platz Co., Ltd. provided consolidated earnings guidance for the quarter ending June 2021. For the quarter, the company expects net sales of JPY 7,100 million. Operating profit is expected to be JPY 800 million. Profit attributable to owners of parent is expected to be JPY 300 million or JPY 80.51 per basic share.
PLATZ Co.,Ltd. is a Japan-based company mainly engaged in electric bed business for medical and nursing care. The Company operates through two business segments. Medical Care Nursing Electric Bed segment is engaged in the planning, development, design and sale of medical care nursing electric beds and mattresses, the assemblies and quality inspections, the metal processing of steel frames and other parts. Products are divided into home beds and medical facilities beds, and are sold to welfare equipment distribution market, medical and elderly facility market, furniture distribution market and overseas markets. Products for welfare equipment distribution market include Rafio, Miolet III and Primolet. Products for medical and elderly care facilities market include P300Series, Ardel and Ultilet. Products for furniture distribution market include Carelet f II, Carelet neoα II, Carelet Druche, and Carelet Simply. Fitness segment operates a women-only fitness gym called Placer.