Star Micronics Co., Ltd. Provides Consolidated Earnings Guidance for the Interim Term and Full Year of Fiscal Year Ending December 31, 2021
May 13, 2021 at 02:00 am EDT
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Star Micronics Co., Ltd. provided consolidated earnings guidance for the interim term and full year of fiscal year ending December 31, 2021. For the interim term, the company expects net sales to be JPY 27,600 million. Operating income to be JPY 2,500 million. Net income attributable to owners of parent to be JPY 2,000 million. Net income per share to be JPY 56.62.
For the full year, the company expects net sales to be JPY 57,800 million. Operating income to be JPY 5,700 million. Net income attributable to owners of parent to be JPY 4,400 million. Net income per share to be JPY 124.54.
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.