Tsubakimoto Kogyo Co., Ltd. Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending March 31, 2022
May 07, 2021 at 01:00 am EDT
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Tsubakimoto Kogyo Co., Ltd. provided consolidated earnings guidance for the half year and full year ending March 31, 2022. For the year, the company expects net sales of JPY 92,000 million. Operating profit was JPY 3,500 million. Net income was JPY 2,550 million. Basic earnings per share of JPY 407.32.
For the half year, the company expects net sales of JPY 44,500 million. Operating profit was JPY 1,580 million. Net income was JPY 1,270 million. Basic earnings per share of JPY 202.86.
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.