Yushin Precision Equipment Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022
May 10, 2021
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Yushin Precision Equipment Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2021 and fiscal year ending March 31, 2022. For the six months ending September 30, 2021, the company expects net sales of JPY 9,900 million, operating profit of JPY 1,220 million, profit attributable to owners of parent of JPY 900 million and basic earnings per share of JPY 26.44.
For the fiscal year ending March 31, 2022, the company expects net sales of JPY 20,000 million, operating profit of JPY 2,600 million, profit attributable to owners of parent of JPY 1,840 million and basic earnings per share of JPY 54.06.
YUSHIN PRECISION EQUIPMENT CO.,LTD. is a Japan-based company engaged in the development, manufacture and sale of take-out robots, other industrial equipment and systems for automating and streamlining operation of plastic injection molding plants. The Company operates through four geographic segments including Japan, the United States, Asia and Europe. The Company is mainly engaged in development, manufacture and sale of peripheral equipment including take-out robots for picking molded products from injection molding machines and labor saving systems, as well as the provision of after-sales service. The Company's main products are take-out robots for injection-molded plastic products, automated stock systems and labor-saving automation equipment, among others.
Yushin Precision Equipment Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022