Morio Denki Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2021
February 04, 2021 at 12:00 am EST
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Morio Denki Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2021. For the year, The company expects net sales of JPY 9,050 million. Operating profit was JPY 260 million. Ordinary profit was JPY 265 million. Profit attributable to owners of parent was JPY 160 million. Basic earnings per share was JPY 116.33.
MORIO DENKI CO., LTD. is primarily engaged in the manufacture and sale of electrical equipment. The Company operates in two business segments. In the Electrical Equipment Manufacture and Sale segment, the railway-related business manufactures main controllers, power distribution boards, switch boxes, fluorescent lights, destination indicators, passenger information display devices for railway operators and railcar manufactures. The automobile-related business manufactures self-propelled labeling vehicles, various vehicle-mounted indicators and various road information systems for highway companies and Ministry of Land, Infrastructure, Transport and Tourism. The ship-related business manufactures various explosion-proof lights and explosion-proof tools, as well as various lighting fixtures for vessels and security-related equipment. The Real Estate-related segment is engaged in the leasing of real estate.
MORIO DENKI CO., LTD. 
