Tsurumi Manufacturing Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 16, 2022 at 12:00 am EST
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Tsurumi Manufacturing Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company reported net sales of JPY 55,000 million, Operating profit of JPY 5,700 million, Profit attributable to owners of parent of JPY 4,900 million and Basic earnings per share of JPY 198.56.
TSURUMI MANUFACTURING CO.,LTD. is a Japan-based company engaged in manufacture and sale of pumps and related equipment. The Company operates through three geographic segments including Japan, North America and China. The Company is engaged in production, purchasing, sale and leasing of flagship submersible pumps, other pumps, environmental equipment and peripheral equipment. The Company is also engaged in related business, such as associated repair and after-sales service, installation of machinery and equipment, civil engineering work, electrical work, piping work, construction of water supply facilities, construction of steel structures, sale of secondhand and leasing of fixed assets, among others. The Japan segment is engaged in the manufacture and sale of pumps and related equipment, engineering and other businesses. The subsidiary is also engaged in real estate leasing business and leasing of machinery, office equipment and vehicles.