Mitachi Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended May 31, 2021
July 02, 2021 at 02:00 am EDT
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Mitachi Co., Ltd. reported consolidated earnings results for the year ended May 31, 2021. For the year, the company reported net sales of ¥33,880 million against ¥33,859 million a year ago. Operating profit was ¥924 million against ¥759 million a year ago. Profit attributable to owners of parent was ¥665 million against ¥496 million a year ago. Basic earnings per share was ¥84.14 against ¥62.80 a year ago.
For the year on non-consolidated basis, the company reported net sales of ¥24,515 million against ¥23,755 million a year ago. Operating profit was ¥617 million against ¥619 million a year ago. Profit was ¥485 million against ¥392 million a year ago. Basic earnings per share was ¥61.47 against ¥49.63 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. 
