Nabtesco Corporation Provides Earnings Guidance for the Six Months Ending June 2021 and Full Year Ending December 31, 2021
February 10, 2021 at 12:30 pm IST
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Nabtesco Corporation provided earnings guidance for the six months ending June 2021 and full year ending December 31, 2021. For the six months ending June 2021, the company expects to report net sales of JPY 139,000 million, operating income of JPY 10,800 million and net income attributable to owners of the parent was JPY 99,000 million or JPY 824.06 per basic share.
For the year ending December 31, 2021, the company expects to report net sales of JPY 286,000 million, operating income of JPY 29,000 million and net income attributable to owners of the parent was JPY 112,200 million or JPY 933.93 per basic share.
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.