Takakita Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2021 and Year Ending March 31, 2022
July 30, 2021 at 02:30 am EDT
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Takakita Co., Ltd. provided earnings guidance for the six months ending September 30, 2021 and year ending March 31, 2022. For the six months ending September 30, 2021, the company expected net sales of ¥4,000 million, operating profit of ¥360 million, profit of ¥240 million or ¥20.78 earnings per share.
For the year ending March 31, 2022, the company expected net sales of ¥6,800 million, operating profit of ¥400 million, profit of ¥290 million or ¥25.11 earnings per share.
TAKAKITA CO., LTD. is a Japan-based company mainly engaged in the manufacturing and sale of agricultural machinery, as well as the processing of bearings. The Company operates in two business segments. The Agriculture Machinery segment is engaged in the manufacture and sale of agricultural machinery, such as dairy and livestock feed harvesting machines used for harvesting pasture and corn for feed rice and feed, and soil-related work machines used for spraying fertilizers and soil conditioners. The Bearing segment is engaged in the customized processing of bearings, including turning of the outer and inner rings, trochanters, and the polishing of large bearings used for industrial machinery and wind power generation.
TAKAKITA CO., LTD. 
