THK Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending June 30, 2021 and Year Ending December 31, 2021
May 13, 2021 at 02:00 am EDT
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THK Co., Ltd. provided earnings guidance for the six months ending June 30, 2021 and year ending December 31, 2021. For the six months ending June 30, 2021, on consolidated basis, the company expects revenue to be JPY 151,500 million compared to previous guidance of JPY 140,000 million, operating income to be JPY 12,900 million compared to previous guidance of JPY 11,000 million, profit attributable to owners of the parent to be JPY 9,200 million compared to previous guidance of JPY 7,800 million and profit per share to be JPY 72.69 compared to previous guidance of JPY 61.63.
For the year ending December 31, 2021, on consolidated basis, the company expects revenue to be JPY 320,000 million compared to previous guidance of JPY 290,000 million, operating income to be JPY 35,000 million compared to previous guidance of JPY 26,000 million, profit attributable to owners of the parent to be JPY 25,000 million compared to previous guidance of JPY 19,000 million and profit per share to be JPY 197.52 compared to previous guidance of JPY 150.12.
For the six months ending June 30, 2021, on non-consolidated basis, the company expects revenue to be JPY 77,800 million compared to previous guidance of JPY 70,000 million, operating income to be JPY 7,000 million compared to previous guidance of JPY 5,500 million, Net income to be JPY 6,200 million compared to previous guidance of JPY 5,000 million and profit per share to be JPY 48.98 compared to previous guidance of JPY 39.50.
For the year ending December 31, 2021, on non-consolidated basis, the company expects revenue to be JPY 168,000 million compared to previous guidance of JPY 145,000 million, operating income to be JPY 18,300 million compared to previous guidance of JPY 13,100 million, Net income to be JPY 14,900 million compared to previous guidance of JPY 11,100 million and profit per share to be JPY 117.72 compared to previous guidance of JPY 87.70.
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.
THK CO., LTD. 
