Tsubakimoto Kogyo Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2021
July 30, 2021 at 03:00 am EDT
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Tsubakimoto Kogyo Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported operating profit of JPY 812 million compared to JPY 504 million for the same period a year ago. Ordinary profit was JPY 954 million compared to JPY 656 for the same period a year ago. Profit attributable to owners of parent was JPY 647 million compared JPY 443 million for the same period a year ago. Basic earnings per share was JPY 103.47 compared JPY 70.79 for the same period a year ago.
TSUBAKIMOTO KOGYO CO.,LTD. is a Japan-based company mainly engaged in the sale of automated and labor-saving products such as machine parts and transport equipment. The Company operates in three business segments. The East Japan Headquarters segment and West Japan Headquarters segment provide various drive components such as transmissions and reduction gears, various transport components such as conveyor chains, control devices, various sensors, electronic devices, other transmission devices, clean energy-related equipment, pharmaceutical-related equipment, chemical machinery, water treatment equipment, food machinery, other environmental equipment, machine tools, industrial robots, various conveyors, various automation equipment and automatic sorting equipment. The Development Strategy Division segment provides various nonwoven fabrics, processed products, various synthetic resin molding machines and molded products, and functional materials overseas.