Hirose Electric Co.,Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
November 01, 2021 at 03:00 am EDT
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Hirose Electric Co.,Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company now expects revenue to be JPY 156,000 million, operating profit to be JPY 35,000 million, profit attributable to owners of parent to be JPY 26,000 million and basic earnings per share to be JPY 732.32 against revenue of JPY 150,000 million, operating profit of JPY 33,000 million, profit attributable to owners of parent of JPY 25,000 million and basic earnings per share of JPY 707.30 as previously forecasted.
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.