Hirose Electric Co.,Ltd. Revises Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024
August 01, 2023 at 03:00 am EDT
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Hirose Electric Co.,Ltd. revised consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the first half, the company expects revised sales revenue of JPY 82,000 million, operating profit of JPY 18,500 million, profit attributable to owners of the parent of JPY 14,000 million and basic earnings per share of JPY 406.60 compared to previously expected sales revenue of JPY 91,000 million, operating profit of JPY 22,000 million, profit attributable to owners of the parent of JPY 17,000 million and basic earnings per share of JPY 493.79.
For the full year, the company expects revised sales revenue of JPY 172,000 million, operating profit of JPY 38,500 million, profit attributable to owners of the parent of JPY 29,000 million and basic earnings per share of JPY 842.25 compared to previously expected sales revenue of JPY 190,000 million, operating profit of JPY 47,000 million, profit attributable to owners of the parent of JPY 37,000 million and basic earnings per share 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.
HIROSE ELECTRIC CO.,LTD. 
