Tsubakimoto Kogyo Co., Ltd. Revises Consolidated Earnings Guidance for the Full the Year Ending March 31, 2024
October 27, 2023 at 12:30 pm IST
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Tsubakimoto Kogyo Co., Ltd. revised Consolidated earnings guidance for the full the Year Ending March 31, 2024. For the year, company expects Net sales of JPY 107,000 million compared to JPY 100,000 million as Previously announced forecasts, Operating profit of JPY 5,000 million compared to JPY 4,250 million as Previously announced forecasts, Profit attributable to owners of parent of JPY 3,750 million compared to JPY 3, 050 million as Previously announced forecasts and Basic earnings per share of JPY 598.66 per share compared to JPY 486.98 per share previously forecasted.
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.