Tachibana Eletech Co., Ltd. Provides Earnings Guidance for the Year Ending March 31, 2024
February 08, 2024 at 02:30 am EST
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Tachibana Eletech Co., Ltd. provided earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 226,000 million, Operating profit of JPY 10,400, Profit attributable to owners of parent of JPY 7,500 million and Basic earnings per share of JPY 304.25.
TACHIBANA ELETECH CO., LTD. is a Japan-based company mainly engaged in the sale of the factory automation (FA) equipment, industrial machinery, industrial devices, semiconductor and electronic devices and equipment, as well as the provision of maintenance and service for related business. The Company operates through three business segments. FA System segment offers programmable controllers, inverters, and electrical discharge machines. Semiconductor Device segment provides semiconductors and electric devices. Information Communication segment provides radiofrequency identification (RFID) system, surveillance cameras and thin clients. Facility segment provides air-conditioning equipment, solar power generation systems, all-electric appliances, room air conditioners, elevators, among others. The Company is also involved in the support for customers with contract manufacturing of electronic equipment (EMS) and contract manufacturing of metal processing (MMS).