Tsubaki Nakashima Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2021
February 12, 2021 at 07:00 am
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Tsubaki Nakashima Co., Ltd. provided consolidated earnings guidance for the full year ending December 31, 2021. For the year, the company expects to report sales of JPY 60,800 million, operating profit of JPY 6,100 million and net profit for the period attributable to owners of the parent of 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.