Tein, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2021
May 14, 2021 at 08:00 am
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Tein, Inc. reported consolidated and non-consolidated earnings results for the year ended March 31, 2021. For the quarter, the company reported net sales of JPY 4,719 million against JPY 4,229 million a year ago. Operating profit was JPY 951 million against JPY 566 million a year ago. Ordinary profit was JPY 1,120 million against JPY 530 million a year ago. Profit attributable to owners of parent was JPY 818 million against JPY 401 million a year ago. Basic earnings per share was JPY 157.57 against JPY 77.28 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 4,021 million against JPY 3,567 million a year ago. Operating profit was JPY 505 million against JPY 239 million a year ago. Ordinary profit was JPY 755 million against JPY 314 million a year ago. Profit was JPY 537 million against JPY 232 million a year ago. Basic earnings per share was JPY 103.48 against JPY 44.69 a year ago.
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. 
