Koito Manufacturing Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2023
October 27, 2022 at 03:00 am EDT
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Koito Manufacturing Co., Ltd. provided consolidated and non-consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expected consolidated net sales of ¥885,000 million, Operating income of ¥53,500 million, Profit attributable to owners of parent of ¥29,500 million, Net income per share of ¥91.76.
For the period, the company expected non-consolidated net sales of ¥308,000 million, Operating income of ¥15,500 million, Net income ¥21,000 million, Net income per share of ¥65.32.
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.