Mitachi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending November 2023 and Year Ending May 31, 2024
October 06, 2023 at 02:00 am EDT
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Mitachi Co., Ltd. provided consolidated earnings guidance for the six months ending November 2023 and year ending May 31, 2024. For the six months ending November 2023, the company expects net sales of JPY 19,000 million, operating profit of JPY 500 million and profit attributable to owners of parent of JPY 350 million or JPY 43.96 per basic share.
For the year ending May 31, 2024, the company expects net sales of JPY 43,000 million, operating profit of JPY 1,600 million and profit attributable to owners of parent of JPY 1,120 million or JPY 140.68 per basic share.
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. 
