Mitachi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending November 2021 and Year Ending May 31, 2021
July 02, 2021 at 02:00 am EDT
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Mitachi Co., Ltd. provided consolidated earnings guidance for the six months ending November 2021 and Year Ending May 31, 2021. For the six months, the company has expects net sales to be ¥18,000 million, Operating profit to be ¥480 million and Profit attributable to owners of parent to be ¥370 million or basic earnings per share to be ¥46.79.
For the year, the company has expects net sales to be ¥37,000 million, Operating profit to be ¥1,050 million and Profit attributable to owners of parent to be ¥800 million or basic earnings per share to be ¥101.18.
MITACHI CO., LTD is a company mainly involved in the sale of semiconductors, liquid crystal products and electronic parts. The Domestic division is engaged in the purchase and sale of semiconductors, including universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards; industrial equipment, such as chip mounters and printers, as well as other components, such as hard discs and electric motors. The Overseas division is engaged in the contracted manufacture and sale of electrical devices and electrical components, as well as the purchase and sale of electrical devices and electrical components. In addition, the Company is engaged in the contract processing of electronic products.
MITACHI CO., LTD. 
