Morio Denki Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Ending Sep. 2021 and Full Year Ending March 2022
August 05, 2021 at 01:00 am EDT
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Morio Denki Co., Ltd. provided consolidated earnings guidance for the first half ending Sep. 2021 and full year ending March 2022. For the first half ending Sep. 2021, the company expects net sales of JPY 4,150 million, operating profit of JPY 110 million, profit attributable to owners of parent of JPY 60 million or basic earnings per share of JPY 43.62.
For the first half ending Sep. 2021, the company expects net sales of JPY 8,500 million, operating profit of JPY 270 million, profit attributable to owners of parent of JPY 160 million or basic earnings per share of JPY 116.33.
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. 
