Eagle Industry Co.,Ltd. Provides Consolidated Financial Guidance for the Six Months Ending September 30, 2020 and for the Year Ending March 31, 2021
August 03, 2020
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Eagle Industry Co.,Ltd. provided consolidated financial guidance for the six months ending September 30, 2020 and for the year ending March 31, 2021. For the six months, the company expects, operating loss of ¥2,400 million and profit attributable to owners of parent of ¥3,000 million or ¥61.12 per share on net sales of ¥57,000 million.
For the year, the company expects, operating loss of ¥1,800 million and profit attributable to owners of parent of ¥3,400 million or ¥69.27 per share on net sales of ¥123,400 million.
EAGLE INDUSTRY CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of mechanical seals, special valves and other sealing device-related products. The Company operates in four business segments. Automobile and Construction Machinery Industry Related segment manufactures and sells mechanical seals (shaft seals) and special valves for automobiles and construction machinery, as well as special valves for the electric power industry. General Industrial Machinery and Semiconductor Industry Related segment manufactures and sells mechanical seals (shaft seals) for industrial machinery, oil refining, and chemical plant industries, as well as precision bellows products. Marine Industry Related segment manufactures and sells stern tube seals (shaft seals) and bearings. Aerospace Industry Related segment manufactures and sells various seals (shaft seals), as well as pressure sensors for aircraft and rocket engines.