Tein, Inc. Provides Earnings Guidance for the Year Ending March 31, 2022
November 12, 2021 at 02:00 am EST
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Tein, Inc. provided earnings guidance for the year ending March 31, 2022. For the year, the company expects consolidated net sales of JPY 4,903 million, operating profit of JPY 913 million, profit attributable to owners of parent of JPY 685 million or basic earnings per share of JPY 132.03.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.
TEIN, INC. 
