Koito Manufacturing Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2021
January 29, 2021 at 02:00 am EST
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Koito Manufacturing Co., Ltd. announced consolidated and non-consolidated earnings guidance for the year ending March 31, 2021. For the year ending March 31, 2021, on the consolidated basis, the company expects net sales of JPY 697,000 million, operating income of JPY 54,000 million and Profit attributable to owners of parent of JPY 35,000 million or JPY 217.75 per share.
For the year ending March 31, 2021, on the non-consolidated basis, the company expects net sales of JPY 313,000 million, operating income of JPY 21,000 million and profit attributable to owners of parent of JPY 37,000 million or JPY 230.19 per share.
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.