Hirose Electric Co.,Ltd. Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2023
May 06, 2022 at 03:00 am EDT
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Hirose Electric Co.,Ltd. provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 88,000 million, operating profit of JPY 21,500 million, profit attributable to owners of parent of JPY 15,500 million and basic earnings per share of JPY 438.40.
For the fiscal year, the company expected net sales of JPY 180,000 million, operating profit of JPY 44,000 million, profit attributable to owners of parent of JPY 33,000 million and basic earnings per share of JPY 933.37.
Hirose Electric Co Ltd is a Japan-based company mainly engaged in manufacture and sale of multi-pole connectors, coaxial connectors, and other electronic components. The Company operates through two business segments. The Multi-Pole Connector segment is engaged in the manufacture and sale of round connectors, square connectors, and connectors for printed wiring boards. The Coaxial Connector segment is engaged in the provision of coaxial connectors and optical connectors. It is also engaged in the manufacture and sale of electronic medical devices and micro switches.