Tsubaki Nakashima : Notice of Revisions to Earnings Forecas
November 11, 2022 at 02:12 am
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November 11, 2022
Tsubaki Nakashima Co., Ltd.
Koji Hirota
Director and Representative Executive Officer CEO
(Code:6464, Prime, Tokyo Stock Exchange)
Contact for inquiries: Ikunori Morita
Phone: +81 (0)6-6224-0193
Notice of Revisions to Earnings Forecast
Tsubaki Nakashima hereby announces its revised the earnings forecast announced on February 15, 2022 considering recent trends in business performance.
Revision to consolidated earnings forecast for fiscal year ending December 31, 2022
(January 1, 2022 to December 31, 2022)
Sales
Operating
Profit before
Net profit for
Basic earnings
profit
tax
the period
per share
attributable to
owners of the
parent
Million Yen
Million Yen
Million Yen
Million Yen
Yen
Previous forecast(A)
77,000
5,650
4,555
2,432
59.75
Revision(B)
78,000
4,100
4,100
2,300
56.77
Change(B-A)
1,000
(1,550)
(455)
(132)
-
Change (%)
1.3
(27.4)
(10.0)
(5.4)
-
(Reference)
Previous year results
67,926
5,816
5,008
3,554
88.04
(12/FY2021)
Reasons for Revision:
Compared to the previous forecast, sales will exceed the initial forecast due to the price pass- through of raw material price hikes and the effect of yen depreciation, while profit growth is sluggish due to the additional cost resulting from further surge in raw material and energy costs, we haverevised our full-yearconsolidated earnings forecast.
Disclaimer:The English translation is only for reference purposes. When there is any discrepancy between original Japanese version and English translation, the original Japanese version always prevails.
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Tsubaki Nakashima Co. Ltd. published this content on 11 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 07:11:01 UTC.
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.