Koito Manufacturing Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2020
July 28, 2020 at 03:00 am EDT
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Koito Manufacturing Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of JPY 108,296 million against JPY 197,048 million a year ago. Operating income of JPY 7,405 million against JPY 19,546 million a year ago. Profit attributable to owners of parent of JPY 4,938 million against JPY 13,959 million a year ago. Net income per share of JPY 30.72 against JPY 86.85 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.