Okabe Co., Ltd. Revises Consolidated Earnings Guidance for the First Six Months and Fiscal Year Ending December 31, 2020
June 02, 2020 at 07:00 am
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Okabe Co., Ltd. revised consolidated earnings guidance for the first six months and fiscal year ending December 31, 2020. For the six months ending June 30, 2020, the company revised net sales of JPY 31,174 million. Operating profit was JPY 2,143 million. Profit attributable to owners of parent was JPY 1,055 million. Profit per share was JPY 21.17.
For the fiscal year ending December 31, 2020, the company revised net sales of JPY 66,000 million. Operating profit was JPY 5,600 million. Profit attributable to owners of parent was JPY 3,500 million. Profit per share was JPY 70.24.
OKABE CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of construction equipment and materials. The Company operates in three business segments. The Construction-related Product segment manufactures and sells temporary and formwork construction products, civil engineering products and structural products, and purchases and sells construction materials. The Automobile-related Product segment is engaged in the planning and sale of automobile related products. The Others segment manufactures and sells marine materials and supplies, and manufactures and sells fishing products in the United States.
OKABE CO., LTD. 
