Mimaki Engineering Co., Ltd. Provides Consolidated Financial Guidance for the Fourth Quarter Ending March 31, 2021
February 10, 2021 at 01:00 am EST
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Mimaki Engineering Co., Ltd. provided consolidated financial guidance for the fourth quarter ending March 31, 2021. For the quarter, the company expects net sales of JPY 48,600 million, operating loss of JPY 800 million, loss attributable to owners of parent of JPY 500 million and basic loss per share basic of JPY 16.95.
MIMAKI ENGINEERING CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of ink-jet printers, cutting plotters and others. The Company supplies industrial printers and cutting plotters for the sign graphics (SG), industrial product (IP) and textile and apparel (TA) markets. Its printers and cutting plotters for the SG market are used for the creation of indoor and outdoor signs, displays and sign boards, among others. Its equipment for the IP market is used at various manufacturing sites for novelty goods, nameplates, cards and others. Its products for the TA market are used for printing on sports apparel such as cloths, uniforms, among others. The Company is also involved in the provision of printing services through Internet, as well as the operation of research and development business.