Ultrafabrics Holdings Co.,Ltd. Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending December 31, 2021
May 16, 2021 at 11:00 pm EDT
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Ultrafabrics Holdings Co.,Ltd. provided earnings guidance for the first half and full year of fiscal year ending December 31, 2021. For the first half, the company expects Sales of JPY 6,020 million, Operating profit of JPY 510 million, Profit of JPY 270 million and Basic earnings per share of JPY 31.54.
For the full year, the company expects Sales of JPY 12,000 million, Operating profit of JPY 1,000 million, Profit of JPY 500 million and Basic earnings per share of JPY 58.41.
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. 
