Koito Manufacturing Co., Ltd. Provides Non-Consolidated Earnings Forecast for the Half-Year and Full Year of Fiscal Year Ending March 31, 2022
April 27, 2021 at 03:00 am EDT
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Koito Manufacturing Co., Ltd. provided non-consolidated earnings forecast for the half-year and full year of fiscal year ending March 31, 2022. For the half-year, the company expects net sales of JPY 152,000 million, operating income of JPY 8,000 million and net income of JPY 16,000 million or net income per share of JPY 99.54.
For the year, the company expects net sales of JPY 323,000 million, operating income of JPY 20,000 million and net income of JPY 29,000 million or net income per share of JPY 180.42.
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.