Topy Industries, Limited Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
November 05, 2020 at 03:00 am EST
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Topy Industries, Limited provided consolidated earnings guidance for the full year ending March 31, 2021. For the year, the company expects to report net sales of JPY 217,000 million, operating loss of JPY 2,500 million and loss attributable to owners of the parent of JPY 2,500 million or JPY 106.39 per share.
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.
TOPY INDUSTRIES, LIMITED 
