Takakita Co., Ltd. Provides Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 01, 2023 at 02:30 am EDT
Share
Takakita Co., Ltd. provided non-consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales to be JPY 4,500 million, operating profit to be JPY 450 million, profit to be JPY 320 million and earnings per share to be JPY 28.84 million.
For the full year, the company expects net sales to be JPY 8,000 million, operating profit to be JPY 600 million, profit to be JPY 430 million and earnings per share to be JPY 38.76 million.
TAKAKITA CO., LTD. is a Japan-based company mainly engaged in the manufacturing and sale of agricultural machinery, as well as the processing of bearings. The Company operates in two business segments. The Agriculture Machinery segment is engaged in the manufacture and sale of agricultural machinery, such as dairy and livestock feed harvesting machines used for harvesting pasture and corn for feed rice and feed, and soil-related work machines used for spraying fertilizers and soil conditioners. The Bearing segment is engaged in the customized processing of bearings, including turning of the outer and inner rings, trochanters, and the polishing of large bearings used for industrial machinery and wind power generation.