Mitachi Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended May 31, 2020
July 03, 2020 at 02:00 am EDT
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Mitachi Co., Ltd. reported consolidated earnings results for the year ended May 31, 2020. For the year, the company reported net sales of ¥33,859 million against ¥38,512 million a year ago. Operating profit was ¥759 million against ¥1,313 million a year ago. Profit attributable to owners of parent was ¥496 million against ¥972 million a year ago. Basic earnings per share was ¥62.80 against ¥123.03 a year ago.
For the year on non-consolidated basis, the company reported net sales of ¥23,755 million against ¥26,843 million a year ago. Operating profit was ¥619 million against ¥760 million a year ago. Profit was ¥392 million against ¥553 million a year ago. Basic earnings per share was ¥49.63 against ¥69.99 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. 
