Tsubakimoto Kogyo Co., Ltd. Provides Earnings Guidance for the Half Year and Full Year March 31, 2024
May 09, 2023 at 03:00 am EDT
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Tsubakimoto Kogyo Co., Ltd. provided earnings guidance for the half year and full year March 31, 2024. For the half year,the company expects Net sales of JPY 50,000 million, Operating profit of JPY 2,180 million, Profit attributable to owners of parent of JPY 1,570 million, Basic earnings per share JPY 250.68.
For the year, the company expects Net sales of JPY 100,000 million, Operating profit of JPY 4,250 million, Profit attributable to owners of parent of JPY 3,050 million, Basic earnings per share JPY 486.98.
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.
TSUBAKIMOTO KOGYO CO., LTD. 
