Mansei Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020
May 11, 2020 at 02:00 am EDT
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Mansei Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2020. For the year, on consolidated basis, the company reported net sales of JPY 22,484,453,000 compared to JPY 23,626,561,000 a year ago. Operating income was JPY 743,948,000 compared to JPY 798,097,000 a year ago. Net income was JPY 471,696,000 compared to JPY 532,542,000 a year ago. Net income per share was JPY 206.16 compared to JPY 232.75 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 22,073,638,000 compared to JPY 23,128,598,000 a year ago. Operating income was JPY 705,158,000 compared to JPY 748,612,000 a year ago. Net income was JPY 428,760,000 compared to JPY 503,538,000 a year ago. Net income per share was JPY 187.39 compared to JPY 220.07 a year ago.
MANSEI CORPORATION is a Japan-based company mainly engaged in the sale of electrical equipment and industrial systems, electronic devices and information communication equipment, and related services. The Company operates through four business segments. Electrical Equipment and Industrial System segment provides rotating machines, industrial fans, switches, watt-hour meters, transformers, indicators, generator and substation systems, measurement control systems, and other industrial mechatronic systems and equipment. Electronic Device and Information Communication Equipment segment provides semiconductors, optical equipment, liquid crystal panels, personal computers, printers, video equipment, embedded microcomputer software, and electronic manufacturing services. Equipment segment provides air conditioners, refrigerators, chillers, electric water heaters, lighting equipment, elevators, and related construction, maintenance, installation services. Photovoltaic segment provides power.