Yokowo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Fiscal Year Ending March 31, 2024
August 06, 2023 at 11:00 pm EDT
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Yokowo Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and for the fiscal year ending March 31, 2024. For the six months, the company expects net sales of JPY 35,000 million, operating loss of JPY 700 million, loss attributable to owners of the parent of JPY 150 million and basic loss per share of JPY 6.43.
For the year, the company expects net sales of JPY 72,000 million, operating profit of JPY 200 million, profit attributable to owners of the parent of JPY 450 million and basic earnings per share of JPY 19.30.
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.
YOKOWO CO., LTD. 
