Osaki Electric Co., Ltd. Provides Earnings Guidance for the First Half Year and Full Year of 2020, Full Year 2021 and 2022
May 26, 2020
Share
Osaki Electric Co., Ltd. provided earnings guidance for the first half year and full year of 2020, full year 2021 and 2022. For the first half of fiscal 2020, the company expects to report net sales of JPY 35,000 million, operating loss of JPY 500 million and loss attributable to owners of the parent of JPY 1,200 million.
For the full year of fiscal 2020, the company expects to report net sales of JPY 80,000 million, operating income of JPY 1,500 million and profit attributable to owners of the parent of JPY 100 million.
For the full year of fiscal 2021, the company expects to report net sales of JPY 100,000 million, operating income of JPY 5,000 million and profit attributable to owners of the parent of JPY 3,000 million.
For the full year of fiscal 2022, the company expects to report net sales of JPY 105,000 million, operating income of JPY 6,000 million and profit attributable to owners of the parent of JPY 3,500 million.
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.
OSAKI ELECTRIC CO., LTD. 
