Tsubaki Nakashima Co., Ltd. Provides Consolidated Earning Guidance for the Fiscal Year Ending December 31, 2021
November 12, 2021 at 02:00 am EST
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Tsubaki Nakashima Co., Ltd. provided Consolidated earning guidance for the Fiscal Year Ending December 31, 2021. The company expects Sales to be JPY 69,000 million, Operating profit to be JPY 7,100 million, Net profit for the period attributable to owners of the parent to be JPY 4,600 million, Basic earnings per share to be JPY 114.41.
TSUBAKI NAKASHIMA CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of precision balls, ball screws and air blowers. The Company operates through three segments. The Precision Component segment is engaged in the manufacture and sale of ball bearings, ceramic balls, cemented carbide balls, glass balls, plastic balls, carbon steel balls and other precision ball products, as well as rollers, retainers and sheet metal parts. The Linear segment is engaged in the manufacture and sale of precision ball screws, ball screws for high-load, precision miniature ball screws, caged precision ball screws, hollow shaft ball screws, precision rolled ball screws, general industrial ball screws and other ball screw products, as well as air blowers. The Others segment is engaged in the real estate leasing business.