Ultrafabrics Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2021
November 12, 2021 at 01:00 am EST
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Ultrafabrics Holdings Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending December 31, 2021. For the year, the company expects sales to be JPY 13,300 million. Operating profit to be JPY 1,200 million. Profit attributable to owners of parent to be JPY 600 million. Basic earnings per share to be JPY 69.85.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.
ULTRAFABRICS HOLDINGS CO.,LTD. 
