Howa Machinery, Ltd. Provides Earnings Guidance for the Full Year Ending March 2022
August 05, 2021 at 07:00 am
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Howa Machinery, Ltd. provided earnings guidance for the full year ending March 2022. For the year, the company expects net sales to be JPY 18,600 million, Operating profit to be JPY 430 million, Profit attributable to owners of parent to be JPY 380 million or JPY 30.66 per basic share.
Howa Machinery,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of machine tools, pneumatic hydraulic equipment and electronic machines, firearms, building materials and specially equipped vehicles. The Company operates through six business segments. The Machine Tool-related segment is engaged in the production of machining centers, various special-purpose machines, and pneumatic hydraulic equipment. The Firearms segment is engaged in the production of rifles, mortars and hunting rifles. The Domestic Sales Subsidiary segment is engaged in the sale of steel and other products. The Building Materials segment is engaged in the production of aluminum sash doors, steel sash doors, and waterproof boards. The Specially Equipped Vehicle segment is engaged in the production of road cleaning vehicles, industrial cleaning machines, automatic floor cleaning machines. The Real Estate Rental segment is engaged in the leasing of land and buildings.
HOWA MACHINERY, LTD. 
