Hirose Electric Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter and for the Full Year Ending March 31, 2024
May 08, 2023 at 03:00 am EDT
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Hirose Electric Co.,Ltd. provided consolidated earnings guidance for the second quarter and for the full year ending March 31, 2024. For the second quarter, the company expected revenue of JPY 91,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 17,000 million or Basic EPS of JPY 493.79.
For the full year, the company expected revenue of JPY 190,000 million, operating profit of JPY 47,000 million, profit attributable to owners of parent of JPY 37,000 million or Basic EPS of JPY 1,074.71.
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.