SWCC Showa Holdings Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 2021
July 31, 2020 at 04:49 am EDT
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SWCC Showa Holdings Co., Ltd. provided earnings guidance for the fiscal year ending March 2021. For the year, the company expects, net sales of JPY 162,000 million, operating income of JPY 6,000 million and net income attributable to owners of parent of JPY 4,000 million or JPY 134.13 per share.
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.