Koito Manufacturing Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the First Half and Year Ending March 31, 2021
July 28, 2020 at 03:00 am EDT
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Koito Manufacturing Co., Ltd. revised consolidated and non-consolidated earnings guidance for the first half and year ending March 31, 2021. For the first half, on consolidated basis, the company revised net sales guidance of JPY 267,000 million. Revised operating income guidance of JPY 2,000 million. Profit attributable to owners of parent of JPY 2,500 million. Net income per share of JPY 15.55.
For the first half, on non-consolidated basis, the company revised net sales guidance of JPY 121,000 million. Revised operating income guidance of JPY 1,000 million. Net income of JPY 17,500 million. Net income per share of JPY 108.88.
For the year, on consolidated basis, the company revised net sales guidance of JPY 620,000 million. Revised operating income guidance of JPY 18,000 million. Profit attributable to owners of parent of JPY 10,000 million. Net income per share of JPY 62.21.
For the year, on non-consolidated basis, the company revised net sales guidance of JPY 267,000 million. Revised operating income guidance of JPY 2,000 million. Net income of JPY 22,000 million. Net income per share of JPY 136.87.
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. 
