Tein, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 2021
November 13, 2020 at 06:00 am
Share
Tein, Inc. provided consolidated earnings guidance for the year ending March 2021. For the year, the company expects net sales to be JPY 4,574 million, Operating profit to be JPY 771 million, Profit attributable to owners of parent to be JPY 614 million and Basic earnings per share to be JPY 118.35.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.
TEIN, INC. 
