Rion Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Full Year Ending March 31, 2022
August 06, 2021 at 02:00 am EDT
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Rion Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2021 and full year ending March 31, 2022. For the six months ending September 30, 2021, the company expects net sales of ¥10,100 million, operating profit of ¥950 million, profit attributable to owners of parent of ¥750 million or ¥61.04 per share.
For the year ending March 31, 2022, the company expects net sales of ¥22,000 million, operating profit of ¥2,500 million, profit attributable to owners of parent of ¥1,700 million or ¥138.37 per share.
RION CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of medical equipment and environmental equipment. The Company operates in two business segments. The Medical Equipment manufactures and sells hearing aids and training equipment for hearing impaired people, as well as audiometers and hearing testing equipment. The Environmental Equipment segment provides sound level meters, vibration meters, seismometers and frequency analyzers, as well as air particle counters and liquid particle counters.