Tsubaki Nakashima Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2021
May 14, 2021 at 08:00 am
Share
Tsubaki Nakashima Co., Ltd. provided consolidated earnings guidance for the fiscal year ending December 31, 2021. For the full year, the company expects sales of JPY 60,800 million. Operating profit is expected to be JPY 6,100 million. Net profit attributable to owners of the parent is expected to be JPY 3,700 million or JPY 91.95 per basic share.
TSUBAKI NAKASHIMA CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of precision balls, ball screws and air blowers. The Company operates through three segments. The Precision Component segment is engaged in the manufacture and sale of ball bearings, ceramic balls, cemented carbide balls, glass balls, plastic balls, carbon steel balls and other precision ball products, as well as rollers, retainers and sheet metal parts. The Linear segment is engaged in the manufacture and sale of precision ball screws, ball screws for high-load, precision miniature ball screws, caged precision ball screws, hollow shaft ball screws, precision rolled ball screws, general industrial ball screws and other ball screw products, as well as air blowers. The Others segment is engaged in the real estate leasing business.