UT Group Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
August 05, 2020 at 03:00 am EDT
Share
UT Group Co., Ltd. provided consolidated earnings guidance for the full year ending March 31, 2021. For the full year, the company expects net sales of JPY 103,800 million, operating profit of JPY 4,100 million, ordinary profit of JPY 9,900 million, profit attributable to owners of parent of JPY 2,600 million or JPY 64.42 per share.
UT Group Co., Ltd. is a Japan-based company engaged in the indefinite employment and dispatch business for the manufacturing, design, development and construction industry. The Company operates in three business segments. Manufacturing segment is involved in the provision of temporary staffing, contracting and human resources services for the manufacturing industry. Its main customers include domestic semiconductors, electronics, automobiles, building materials and housing equipment companies. Solution segment is involved in the provision of employment dispatch, contracting for transfer in line with structural reforms for main manufacturing companies. Its main customers are major electronics manufacturers in Japan. Engineering segment is engaged in the provision of engineer dispatch, contracting and human resources services for electro-mechanical companies. Its main customers are manufacturers and general contractors.