Hirose Electric Co.,Ltd. Revises Earnings Guidance for the Second Quarter of 2022 and Full Year Ending March 31, 2022
July 30, 2021 at 03:00 am EDT
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Hirose Electric Co.,Ltd. revised earnings guidance for the second quarter of 2022 and full year ending March 31, 2022. For the quarter, the company expects Sales revenue of JPY 77,000 million, Operating profit of JPY 17,500 million, Quarterly profit attributable to owners of the parent was JPY 13,000 million or JPY 367.80 per basic share against the previously announced guidance of Sales revenue of JPY 70,000 million, Operating profit of JPY 13,500 million, Quarterly profit attributable to owners of the parent was JPY 9,500 million or JPY 261.82 per basic share.
For the year, the company expects Sales revenue of JPY 150,000 million, Operating profit of JPY 33,000 million, Quarterly profit attributable to owners of the parent was JPY 25,000 million or JPY 707.30 per basic share against the previously announced guidance of Sales revenue of JPY 138,000 million, Operating profit of JPY 26,500 million, Quarterly profit attributable to owners of the parent was JPY 19,000 million or JPY 523.64 per basic share.
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.