THK Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022
November 07, 2022 at 01:00 am EST
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THK Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2022. For the year, the company expected revenue of ¥365,000 million, operating income of ¥43,000 million, profit attributable to owners of parent of ¥30,800 million and profit per share of ¥251.29.
THK CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of components for industrial equipment and transportation vehicles. The Company operates in five regional segments. The industrial equipment related business is engaged in the manufacture and sale of equipment components such as linear motion (LM) systems, as well as industrial equipment. The transportation vehicles related business is engaged in the development, design, manufacture and sale of steering parts, suspension parts and brake parts for automobile and two-wheel vehicles. The Company operates in Japan, the Americas, Europe, China, Taiwan, Singapore and Korea.