Harada Industry Co., Ltd. Provides Consolidated Financial Forecast for the Half Year and Full Year of the Year Ending March 31, 2024
May 12, 2023 at 02:40 am EDT
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Harada Industry Co., Ltd. provided Consolidated financial forecast for the half year and full year of the year ending March 31, 2024. For the half year, the company expected net sales of JPY 20,000 million, Operating profit of negative JPY 100 million, Profit attributable to owners of parent of JPY 1,400 million and Basic earnings per share of JPY 64.37.
For the full year, the company expected net sales of JPY 40,000 million, Operating profit of JPY 300 million, Profit attributable to owners of parent of JPY 1,500 million and Basic earnings per share of JPY 68.96.
HARADA INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment and communications equipment. The Company operates in four segments. Japan segment is involved in the manufacture and sale of automotive equipment and communications equipment. Asia segment is involved in the manufacture and sale of automotive equipment. North and Central America segment is involved in the manufacture and sale of automotive equipment. Europe segment is involved in the sale of automotive equipment. Main products of automotive-related equipment include car radio antennas, relay cables, car television (TV) antennas, car antenna amplifiers, actuators, ETC antennas, and others. The communication related equipment include communication module antennas, radio frequency identification (RFID) antennas, and others. Other products include car accessories and others.