Takakita Co., Ltd. Reports Non-Consolidated Earnings Results for the Year Ended March 31, 2021
April 27, 2021
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Takakita Co., Ltd. reported non-consolidated earnings results for the year ended March 31, 2021. For the year, the company reported net sales of ¥6,503 million against ¥6,432 million a year ago. Operating profit was ¥399 million against ¥378 million a year ago. Profit was ¥322 million against ¥262 million a year ago. Earnings per share was ¥27.96 against ¥22.78 per share a year ago. Diluted earnings per share was ¥27.74 against ¥22.61 per share a year ago.
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.