Eagle Industry Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2021
May 12, 2021
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Eagle Industry Co.,Ltd. reported consolidated earnings results for the year ended March 31, 2021. For the period, the company reported net sales of ¥130,513 million compared to ¥142,106 million a year ago. Operating profit was ¥5,802 million compared to ¥5,772 million a year ago. Profit attributable to owners of parent was ¥4,010 million or ¥81.70 per share compared to ¥2,907 million or ¥59.24 per share a year ago.
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.