Harada Industry Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Year of Fiscal 2021 and Full Fiscal Year Ending March 31, 2022
May 14, 2021 at 02:30 am EDT
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Harada Industry Co., Ltd. provided consolidated earnings guidance for the first half year of fiscal 2021 and full fiscal year ending March 31, 2022. For the half year period, the company expects to report net sales of JPY 18,000 million, operating profit of JPY 200 million, ordinary profit of JPY 200 million, profit attributable to owners of parent of JPY 150 million, and basic earnings per share of JPY 6.90.
For the full year, the company expects to report net sales of JPY 40,000 million, operating profit of JPY 1,600 million, ordinary profit of JPY 1,600 million, profit attributable to owners of parent of JPY 1,200 million, and basic earnings per share of JPY 55.17.
HARADA INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment and communications equipment. The Company operates in four segments. Japan segment is involved in the manufacture and sale of automotive equipment and communications equipment. Asia segment is involved in the manufacture and sale of automotive equipment. North and Central America segment is involved in the manufacture and sale of automotive equipment. Europe segment is involved in the sale of automotive equipment. Main products of automotive-related equipment include car radio antennas, relay cables, car television (TV) antennas, car antenna amplifiers, actuators, ETC antennas, and others. The communication related equipment include communication module antennas, radio frequency identification (RFID) antennas, and others. Other products include car accessories and others.