Nabtesco Corporation Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending December 2022
April 28, 2022 at 12:30 pm IST
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Nabtesco Corporation provided consolidated earnings guidance for the six months and full year ending December 2022. For the six months, the company expected net sales of JPY 153,500 million, operating profit of JPY 13,400 million, profit attributable to owners of parent of JPY 7,700 million and basic earnings per share of JPY 64.03.
For the full year, the company expected net sales of JPY 320,000 million, operating profit of JPY 33,000 million, profit attributable to owners of parent of JPY 23,400 million and basic earnings per share of JPY 194.57.
Nabtesco Corporation is a Japan-based company engaged in the component solution business, transport solution business and accessibility solution business. The Company operates through three segments. The Component Solutions segment is engaged in the design, manufacture, sale, maintenance and repair of industrial robot parts and construction equipment. The Transport Solution segment is engaged in the design, manufacture, sale, maintenance and repair of railway vehicles brake and automatic door devices, aircraft parts, marine control devices and related parts. The Accessibility Solution segment is engaged in the design, manufacture, sale, installation, maintenance and repair of automatic door devices for buildings and general industries, platform safety equipment and related parts. The Company is also engaged in the design, manufacture, sale, maintenance and repair of packaging machines, machine tools, forging machines, and other general industrial machines.