SWCC Showa Holdings Co., Ltd. Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2021
February 03, 2021 at 02:59 am EST
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SWCC Showa Holdings Co., Ltd. provided consolidated financial guidance for the fiscal year ending March 31, 2021. For the year, the company expects, operating income of ¥7,000 million and net income attributable to owners of parent of ¥4,200 million or ¥140.79 per share on net sales of ¥162,000 million.
SWCC Corp is a Japan-based company mainly engaged in the electrical wire rod business and other businesses. The Company operates through three segments. The Energy and Infrastructure segment manufactures and sells electric wires, electric power cables, seismic isolation devices, damping and vibration isolation, and designs and contracts engineering. The Communication and Industrial Device segment mainly manufactures and sells communication cables, wire harnesses, and precision devices. The Electrical Equipment and Components segment mainly manufactures and sells magnet wires, bare wires, oxygen-free copper, copper alloy wires, and electric wires for automobiles. The Company is also engaged in new businesses including sales of network solutions, logistics business, office management business, research and development of materials, and manufacturing and sales of superconducting business.
SWCC CORPORATION 
