Mitachi Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending May 31, 2021
December 25, 2020 at 01:00 am EST
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Mitachi Co., Ltd. provided consolidated earnings guidance for the year ending May 31, 2021. For the period, the company has posted net sales of ¥32,000 million, Operating profit of ¥500 million and net income of ¥300 million or basic earnings per share of ¥37.95.
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.