Pacific Industrial Co., Ltd. Revises Earnings Guidance for the Full Year of 2020
February 03, 2021 at 03:00 am EST
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Pacific Industrial Co., Ltd. revised earnings guidance for the full year of 2020. For the full fiscal year, the company forecast net sales of JPY 148 billion, an increase of JPY 3 billion from the previous forecast, and operating income of JPY 7.5 billion, an increase of JPY 1.5 billion from the previous forecast.
PACIFIC INDUSTRIAL CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of press and resin products, and valve products. The Company operates through two business segments. The Press and Resin Product segment is mainly engaged in the manufacture and sale of wheel caps, engine covers, hood trunk hinges, oil pans and other press and resin products for automobile, as well as press molds, resin molds and other mold products. The Valve Product segment is mainly engaged in the manufacture and sale of tire valves, valve core products, air conditioning valves and other valve products, microcomputer control equipment and other electronic machine products, compressor related products, as well as tire pressure monitoring system (TPMS) products. The Other segment is mainly engaged in the processing of information by computer, the development and sale of software, and the provision of insurance agency service.
PACIFIC INDUSTRIAL CO., LTD. 
