Sankyo Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021
February 26, 2021 at 01:00 am EST
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Sankyo Co., Ltd. revised earnings guidance for the year ending March 31, 2021. For the period, the company expected revised net sales of JPY 58,000 million against previous guidance of JPY 73,500 million. Revised operating income of JPY 6,000 million against previous guidance of JPY 8,000 million. Revised profit attributable to owners of parent of JPY 5,200 million or JPY 84.99 per share against previous guidance of JPY 6,200 million or JPY 101.34 per share.
Sankyo Co Ltd is a Japan-based company mainly engaged in the pachinko machine related business, pachislot machine related business, and replenishment equipment related business. The Company operates through three business segments. The Pachinko Machine-related Business segment is engaged in the manufacture and sale of pachinko machines and gauge boards for pachinko machines, the sale of related parts, and acquisition of royalties income related to pachinko machines. The Pachislot Machine-related Business segment is engaged in the manufacture and sale of pachislot machines, the sale of related parts, and acquisition of royalties income related to pachislot machines. The Supply Equipment-related Business segment is engaged in the sale of pachinko/pachislot supply equipment, card system equipment, hall equipment peripheral equipment. It also provides mobile content services, real estate rental, sales of general molded parts.