Morio Denki Co., Ltd. Announces Earnings Results for the First Quarter June 2021
August 05, 2021 at 01:00 am EDT
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Morio Denki Co., Ltd. announced earnings results for the first quarter June 2021. For the quarter, net sales were JPY 2,140 million against JPY 2,140 million a year ago. Operating profit was JPY 124 million against operating loss of JPY 2 million a year ago. Profit attributable to owners of parent was JPY 80 million against loss of JPY 3 million a year ago. Basic earnings per share were JPY 58.43 against loss of JPY 2.74 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. 
