Mitachi Co., Ltd. Reports Consolidated Financial Results for the Third Quarter Ended Feb. 2021
March 26, 2021 at 02:00 am EDT
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Mitachi Co., Ltd. reported consolidated financial results for the third quarter ended Feb. 2021. For the quarter, Net Sales were ¥24,664 million against ¥26,312 million for the same period of last year. Operating profit was ¥546 million against ¥725 million for the same period of last year. Profit attributable to owners of parent was ¥351 million against ¥500 million for the same period of last year. Basic earnings per share was ¥44.44 against ¥63.34 for the same period of last year.
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.