Tsubaki Nakashima Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2020
September 15, 2020 at 03:00 am
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Tsubaki Nakashima Co., Ltd. provided earnings guidance for the fiscal year ending December 31, 2020. For the year, the company expects sales of ¥49,000 million, operating profit of ¥2,600 million and net profit for the period attributable to owners of the parent of ¥1,200 million or ¥29.75 basic per share.
TSUBAKI NAKASHIMA CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of precision balls, ball screws and air blowers. The Company operates through three segments. The Precision Component segment is engaged in the manufacture and sale of ball bearings, ceramic balls, cemented carbide balls, glass balls, plastic balls, carbon steel balls and other precision ball products, as well as rollers, retainers and sheet metal parts. The Linear segment is engaged in the manufacture and sale of precision ball screws, ball screws for high-load, precision miniature ball screws, caged precision ball screws, hollow shaft ball screws, precision rolled ball screws, general industrial ball screws and other ball screw products, as well as air blowers. The Others segment is engaged in the real estate leasing business.
TSUBAKI NAKASHIMA CO., LTD. 
