Ultrafabrics Holdings Co.,Ltd. Provides Earnings Guidance for the Year Ended December 31, 2020
September 25, 2020 at 07:00 am
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Ultrafabrics Holdings Co.,Ltd. provided earnings guidance for the year ended December 31, 2020. For the year, the company expected sales of JPY 9,000 million, Operating profit of JPY 200 million, Loss of JPY 90 million, Basic Loss per share of JPY 10.62.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.
ULTRAFABRICS HOLDINGS CO.,LTD. 
