Mitachi Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended August 31, 2020
September 25, 2020 at 02:00 am EDT
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Mitachi Co., Ltd. reported consolidated earnings results for the first quarter ended August 31, 2020. For the quarter, the company reported net sales of ¥6,629 million against ¥8,852 million a year ago. Operating profit was ¥6 million against ¥254 million a year ago. Loss per share was ¥2.09 against earnings per share of ¥23.17 a year ago. Loss attributable to owners of parent of ¥16 million against profit of ¥183 million a year ago.
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. 
