Tsubakimoto Kogyo Co., Ltd. Announces Earnings Results for the Third Quarter Ended December 31, 2020
January 29, 2021 at 12:30 pm IST
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Tsubakimoto Kogyo Co., Ltd. announced earnings results for the third quarter ended December 31, 2020. For the quarter, the company reported Net Sales were ¥65,004 million against net sales of ¥79,619 million a year ago. Operating profit was ¥2,326 million against operating profit of ¥4,373 million a year ago. Ordinary profit was ¥2,798 million against ordinary profit of ¥4,694 million a year ago. Profit attributable to owners of parent was ¥1,885 million against profit attributable to owners of parent of ¥3,136 million a year ago. Basic earnings per share was ¥301.18 against basic earnings per share of ¥301.18 a year ago.
TSUBAKIMOTO KOGYO CO.,LTD. is a Japan-based company mainly engaged in the sale of automated and labor-saving products such as machine parts and transport equipment. The Company operates in three business segments. The East Japan Headquarters segment and West Japan Headquarters segment provide various drive components such as transmissions and reduction gears, various transport components such as conveyor chains, control devices, various sensors, electronic devices, other transmission devices, clean energy-related equipment, pharmaceutical-related equipment, chemical machinery, water treatment equipment, food machinery, other environmental equipment, machine tools, industrial robots, various conveyors, various automation equipment and automatic sorting equipment. The Development Strategy Division segment provides various nonwoven fabrics, processed products, various synthetic resin molding machines and molded products, and functional materials overseas.