Kawata Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
February 12, 2021 at 05:00 am
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Kawata Mfg. Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2020. For the period, the company reported net sales of JPY 12,729 million against JPY 16,296 million a year ago. Operating income was JPY 490 million against JPY 1,368 million a year ago. Net income attributable to owners of parent was JPY 250 million or JPY 35.56 per basic share against JPY 871 million or JPY 123.11 per basic share a year ago.
KAWATA MFG.CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of plastic products making equipment, as well as the provision of related system engineering services and other related services. The Company operates through four regional segments. The Company is engaged in the production of transport equipment (Autoloaders), transport, weighing and mixing equipment (Auto Colors), high speed mixers (Super Mixers), driers (Challengers), large drying devices, material storage systems, automatic material supply systems, material weighing and mixing systems, mold temperature controllers (Just Thermo), mold cooling devices (Chillers), plastics crushers, as well as streamed equipment and automated systems for each process of environmental preservation. The Company operates in Japan, East Asia, Southeast Asia and North America.