SWCC Showa Holdings Co., Ltd. Reports Consolidated Financial Results for the Nine Months Ended December 31, 2020
February 03, 2021 at 02:59 am EST
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SWCC Showa Holdings Co., Ltd. reported consolidated financial results for the nine months ended December 31, 2020. For the nine months, operating income of ¥5,075 million and net income attributable to owners of parent of ¥3,458 million or ¥115.93 per share on net sales of ¥115,181 million against operating income of ¥6,780 million and net income attributable to owners of parent of ¥4,562 million or ¥152.98 per share on net sales of ¥129,344 million for the same period of last year.
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 
