Platz Co., Ltd. Announces Consolidated Earnings Results for the Quarter Ended March 31, 2021
May 13, 2021 at 11:30 am IST
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Platz Co., Ltd. announced consolidated earnings results for the quarter ended March 31, 2021. For the quarter, the company reported net sales of JPY 5,278 million compared to JPY 4,705 million a year ago. Operating profit was JPY 645 million compared to JPY 437 million a year ago. Profit attributable to owners of parent was JPY 198 million or JPY 53.94 per basic share compared to JPY 434 million or JPY 116.69 per basic share a year ago.
PLATZ Co.,Ltd. is a Japan-based company mainly engaged in electric bed business for medical and nursing care. The Company operates through two business segments. Medical Care Nursing Electric Bed segment is engaged in the planning, development, design and sale of medical care nursing electric beds and mattresses, the assemblies and quality inspections, the metal processing of steel frames and other parts. Products are divided into home beds and medical facilities beds, and are sold to welfare equipment distribution market, medical and elderly facility market, furniture distribution market and overseas markets. Products for welfare equipment distribution market include Rafio, Miolet III and Primolet. Products for medical and elderly care facilities market include P300Series, Ardel and Ultilet. Products for furniture distribution market include Carelet f II, Carelet neoα II, Carelet Druche, and Carelet Simply. Fitness segment operates a women-only fitness gym called Placer.