Takano Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 07, 2020 at 11:30 am IST
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Takano Co.,Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, net sales were JPY 15,668 million compared to JPY 16,055 million a year ago. Operating profit was JPY 210 million compared to JPY 402 million a year ago. Profit attributable to owners of parent was JPY 118 million compared to JPY 404 million a year ago. Basic earnings per share was JPY 7.77 compared to JPY 26.61 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. The company expects net sales of JPY 22,700 million, Operating profit of JPY 710 million, Profit attributable to owners of parent of JPY 570 million and basic earnings per share of JPY 37.51.
TAKANO CO.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of living related equipment, inspection and measurement equipment, industrial equipment and exterior products, as well as the sale of machine and tools. The Company operates through five business segments. The Living Related Equipment segment is mainly engaged in the manufacture and sale of office chairs, as well as chairs for medical and healthcare facilities. The Inspection and Measurement Equipment segment is mainly engaged in the manufacture and sale of atomic force microscope (AFM) equipment and film inspection equipment. The Industrial Equipment segment is mainly engaged in the manufacture and sale of solenoid actuators and unit components. The Exterior Product segment is mainly engaged in the manufacture and sale of flip-up gates, carports, terraces and awnings. The Machine and Tool segment is mainly engaged in the purchase and sale of machine and tools.
Takano Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020