Tein, Inc. Provides Consolidated Earning Guidance for the Year Ending March 31, 2022
May 13, 2022 at 03:00 am EDT
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Tein, Inc. provided consolidated earning guidance for the year ending March 31, 2022. For the year, the company expected net sales to be JPY 5,488 million, Operating profit to be JPY 817 million, Profit attributable to owners of parent to be JPY 636 million and Basic earnings per share to b JPY 122.61.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.
TEIN, INC. 
