Takakita Co., Ltd. Provides Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
July 29, 2022 at 02:30 am EDT
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Takakita Co., Ltd. provided Non-consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months ending September 30, 2022, the company expected net sales of JPY 4,000 million, operating profit of JPY 300 million, profit of JPY 200 million and earnings per share of JPY 17.40.
For the full year ending March 31, 2023, the company expected net sales of JPY 7,200 million, operating profit of JPY 400 million, profit of JPY 300 million and earnings per share of JPY 26.10.
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.