Tsubakimoto Chain Co. Announces Consolidated Earnings Results for the Twelve Months Ended March 31, 2020
May 26, 2020
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subakimoto Chain Co. announced consolidated earnings results for the twelve months ended March 31, 2020. For the period, the company reported net sales of JPY 226,423 million compared to JPY 238,515 million a year ago. Operating income was JPY 16,146 million compared to JPY 21,789 million a year ago. Profit attributable to owners of parent was JPY 11,576 million compared to JPY 13,779 million a year ago. Net income per share was JPY 308.71 compared to JPY 364.03 a year ago.
TSUBAKIMOTO CHAIN CO. is mainly engaged in the manufacture and sale of chains for power transmission and transportation use, variable speed reducers, linear working units, timing chains, power drive chains, conveyors and transportation systems. In addition, the Company is also involved in the manufacture, sale, research and development of automotive parts and material handling equipment. The Company operates through four segments: Chain, Precision Equipment, Automobile Parts and Material handling segments. The Chain segment offers standard form chains, oil-free chains, powerful chains, standard conveyor chains and free flow chains, as well as cable chains and cable accessories, among others. The Precision Equipment segment provides gear motors, gear-boxes, tensioners, guides, levers, sprockets, among others. The Automobile Parts segment provides tensioners, guides, power drive chains and others. The Material Hnadling segment provides systems for the logistics industry and others.
TSUBAKIMOTO CHAIN CO. 
