Osaki Electric Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2020
May 26, 2020
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Osaki Electric Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2020. For the year, the company reported Net Sales were JPY 90,069 million against JPY 82,089 million a year ago. Operating income was JPY 3,691 million against JPY 4,299 million a year ago. Profit attributable to owners of parent was JPY 1,197 million or JPY 24.47 per share against JPY 1,806 million or JPY 36.95 per share a year ago.
Osaki Electric Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of measurement and control equipment. The Company operates in three business segments. The Measurement and Control Equipment segment manufactures and sells electric energy meter, current limiter, instrument transformer, distribution board, supervisory control device, time switch, optical communication related equipment and meter reading system. The Flat Panel Display (FPD)-related Equipment segment is engaged in the design, manufacture, and sale of FPD-related equipment. The Real Estate segment is involved in the real estate leasing business.