Star Micronics Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending December 31, 2021
February 09, 2021 at 01:00 am EST
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Star Micronics Co., Ltd. provided consolidated earnings guidance for the six months and full year ending December 31, 2021. For the six months, the company reported net sales of JPY 21,800 million, operating income of JPY 1,000 million, net income attributable to owners of the parent of JPY 900 million and net income per share of JPY 25.49.
For the full year, the company reported net sales of JPY 52,000 million, operating income of JPY 4,200 million, net income attributable to owners of the parent of JPY 3,300 million and net income per share of JPY 93.47.
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.