Koito Manufacturing Co., Ltd. Announces Consolidated Earnings Results for the period Ended December 31, 2020
January 29, 2021 at 02:00 am EST
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Koito Manufacturing Co., Ltd. announced consolidated earnings results for the period ended December 31, 2020. For the period, on consolidated basis, the company reported net sales were JPY 499,523 million against JPY 604,401 million a year ago. Operating income was JPY 34,115 million against JPY 61,887 million a year ago. Profit was JPY 23,605 million against JPY 46,690 million a year ago. Net income per share was JPY 136.00 compared to JPY 271.22 a year ago. Net income per share (diluted) was JPY 135.96 compared to JPY 271.13 a year ago.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
KOITO MANUFACTURING CO., LTD. 
