Hirose Electric Co.,Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021
November 02, 2020 at 02:00 am EST
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Hirose Electric Co.,Ltd. revised earnings guidance for the year ending March 31, 2021. Sales revenue to be JPY 120,000 million against previous guidance of JPY 115,000 million, operating profit to be JPY 21,500 million against previous guidance of JPY 17,200 million, profit attributable to owners of the parent to be JPY 16,000 million against previous guidance of JPY 13,000 million and basic earnings per share to be JPY 441.17 against previous guidance of JPY 358.45.
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.