Koito Manufacturing Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2020
May 28, 2020 at 03:00 am EDT
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Koito Manufacturing Co. Ltd. reported consolidated and non-consolidated earnings results for the full year ended March 31, 2020. For the year, on consolidated basis, the company reported net sales were JPY 800,928 million against JPY 826,257 million a year ago. Operating income was JPY 82,411 million against JPY 101,534 million a year ago. Recurring profit was JPY 85,264 million against JPY 105,494 million a year ago. Profit attributable to owners of parent was JPY 58,022 million against JPY 72,895 million a year ago. Net income per share was JPY 360.99 compared to JPY 453.52 a year ago. Net income per share (diluted) was JPY 360.87 compared to JPY 453.37 a year ago.
For the year, on non-consolidated basis, the company reported net sales were JPY 356,505 million against JPY 364,104 million a year ago. Operating income was JPY 25,574 million against JPY 38,346 million a year ago. Recurring profit was JPY 46,713 million against JPY 56,652 million a year ago. Net income was JPY 41,644 million against JPY 44,132 million a year ago. Net income per share was JPY 259.09 compared to JPY 274.57 a year ago. Net income per share (diluted) was JPY 259.01 compared to JPY 274.48 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.
KOITO MANUFACTURING CO., LTD. 
