Yokowo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and the Fiscal Year Ending March 31, 2023
August 03, 2022 at 11:00 pm EDT
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Yokowo Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and the fiscal year ending March 31, 2023. For the six months, the company expects net sales of JPY 37,900 million, operating income of JPY 2,700 million, profit attributable to owners of parent of JPY 2,450 million and basic earnings per share of JPY 105.10.
For the year ending March 31, 2023, the company expects net sales of JPY 76,000 million, operating income of JPY 7,000 million, profit attributable to owners of parent of JPY 5,500 million and basic earnings per share of JPY 235.94.
YOKOWO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of various types of electronic equipment. The Company operates in three business segments. The Vehicle Communication equipment segment supplies various of on-board antennas covering broad frequency ranges, including those for inter-vehicle and road-to-vehicle communications in advanced driver assistance systems (ADAS) and automated driving systems, in step with trends towards more compact composite models, media diversification and radio frequency identifier (RFID) support. The Circuit Testing Connectors segment provides connectors and test systems for the front to back-end testing. The Wireless Communication Equipment segment provides connectors for small mobile devices and point of sale (POS) devices.