Morio Denki Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
February 04, 2021 at 12:00 am EST
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Morio Denki Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2020. For the nine months, the company reported net sales were ¥6,765 million against ¥6,814 million a year ago. Operating profit was ¥83 million against ¥132 million a year ago. Ordinary profit was ¥92 million against ¥135 million a year ago. Profit attributable to owners of parent was ¥44 million against ¥38 million a year ago. Basic earnings per share was ¥32.17 against ¥27.67 a year ago.
MORIO DENKI CO., LTD. is primarily engaged in the manufacture and sale of electrical equipment. The Company operates in two business segments. In the Electrical Equipment Manufacture and Sale segment, the railway-related business manufactures main controllers, power distribution boards, switch boxes, fluorescent lights, destination indicators, passenger information display devices for railway operators and railcar manufactures. The automobile-related business manufactures self-propelled labeling vehicles, various vehicle-mounted indicators and various road information systems for highway companies and Ministry of Land, Infrastructure, Transport and Tourism. The ship-related business manufactures various explosion-proof lights and explosion-proof tools, as well as various lighting fixtures for vessels and security-related equipment. The Real Estate-related segment is engaged in the leasing of real estate.
MORIO DENKI CO., LTD. 
