Tsubakimoto Kogyo Co., Ltd. Provides Consolidated Earnings Guidance for the Period Ending September 2022 and Full Year Ending March 31, 2023
July 29, 2022 at 12:30 pm IST
Share
Tsubakimoto Kogyo Co., Ltd. provided consolidated earnings guidance for the period ending September 2022 and full Year ending March 31, 2023. For the period, the company expects net sales to be JPY 50,000 million, Operating profit to be JPY 2,230 million, profit attributable to owners of parent to be JPY 1,650 million or JPY 263.56 per basic share.
For the full year, The company expects net sales to be JPY 100,000 million, Operating profit to be JPY 4,500 million, profit attributable to owners of parent to be JPY 3,260 million or JPY 520.72 per basic share.
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.