THK Co., Ltd. Provides Earnings Guidance for the Six-Month Period Ending June 30, 2023 and Year Ending December 31, 2023
May 15, 2023 at 02:00 am EDT
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THK Co., Ltd. provided earnings guidance for the Six-month period ending June 30, 2023 and year ending December 31, 2023. for the six months, The company forecast revenue of ¥174,700 million. Operating income of ¥12,500 million. Profit Attributable to Owners of the Parent of ¥13,300 million. Profit per share of ¥76.68.
For the year, the company forecast revenue of ¥360,000 million. Operating income of ¥30,000 million. Profit Attributable to Owners of the Parent of ¥22,400 million. Profit per share of ¥182.74.
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. 
