Koito Manufacturing Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Forecast for the Half-Year and Full Year of Fiscal Year Ending March 31, 2024
April 26, 2023 at 03:00 am EDT
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Koito Manufacturing Co., Ltd. provided consolidated and non-consolidated earnings forecast for the half-year and full year of fiscal year ending March 31, 2024. For the half-year, on consolidated basis, the company expects net sales of JPY 444,000 million, operating income of JPY 26,500 million and profit attributable to owners of parent of JPY 16,500 million or net income per share of JPY 51.32.
For the year, on consolidated basis, the company expects net sales of JPY 927,000 million, operating income of JPY 64,500 million and profit attributable to owners of parent of JPY 42,000 million or net income per share of JPY 130.64.
For the half-year, on non-consolidated basis, the company expects net sales of JPY 165,000 million, operating income of JPY 8,500 million and net income of JPY 15,000 million or net income per share of JPY 46.66.
For the year, on non-consolidated basis, the company expects net sales of JPY 340,000 million, operating income of JPY 20,500 million and net income of JPY 27,000 million or net income per share of JPY 83.98.
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. Provides Consolidated and Non-Consolidated Earnings Forecast for the Half-Year and Full Year of Fiscal Year Ending March 31, 2024
KOITO MANUFACTURING CO., LTD. 
