Star Micronics Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2020
August 10, 2020
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Star Micronics Co., Ltd. provided consolidated earnings guidance for the full year ending December 31, 2020. For the full year, Net Sales to be JPY 41,000 million, Operating Income to be JPY 650 million and net loss Attributable to Owners of Parent to be JPY 100 million or JPY 2.83 per share.
STAR MICRONICS CO.,LTD. is a Japan-based company centered on manufacturing and assembly of small sized precision components and equipment. The Company operates in three segments. The Special Products segment is engaged in manufacturing and sales of small printers. The Machine Tools segment is engaged in manufacturing and sales of machine tools like computerized numerical control (CNC) automatic lathes. The Precision Products segment is engaged in manufacturing and sales of wristwatch components and various components used in automobiles, air conditioners, hard disk drives (HDD) and medical. The Company operates in Japan, the United States, China, Germany, etc.