THK Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 02:00 am
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THK Co., Ltd. reported consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported revenue of JPY 70,752 million against JPY 55,435 million a year ago. Operating income was JPY 3,826 million against operating loss of JPY 573 million a year ago. Profit for the period was JPY 2,755 million against Loss for the period of JPY 2,810 million a year ago. Net income per basic share was JPY 21.32 against net loss per basic share of JPY 20.98 a year ago.
THK CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of components for industrial equipment and transportation vehicles. The Company operates in five regional segments. The industrial equipment related business is engaged in the manufacture and sale of equipment components such as linear motion (LM) systems, as well as industrial equipment. The transportation vehicles related business is engaged in the development, design, manufacture and sale of steering parts, suspension parts and brake parts for automobile and two-wheel vehicles. The Company operates in Japan, the Americas, Europe, China, Taiwan, Singapore and Korea.
THK CO., LTD. 
