Diamond Electric Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Fiscal Year Ending March 31, 2023
May 20, 2022 at 05:30 am EDT
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Diamond Electric Holdings Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and fiscal year ending March 31, 2023. For the six months, the company expects net sales to be JPY 38,000 million. Operating loss to be JPY 600 million. Loss attributable to owners of parent to be JPY 800 million. Basic loss per share to be JPY 111.23.
For the full year, the company expects net sales to be JPY 85,000 million. Operating profit to be JPY 1,000 million. Profit attributable to owners of parent to be JPY 300 million. Basic earnings per share to be JPY 41.71.
Diamond Electric Holdings Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of electronic control devices such as ignition coils and electrical components for automobiles. The Company operates through three business segments. The Automotive Equipment segment is engaged in the development, manufacture, sale, and supply of maintenance services for automotive ignition coils and electrical components. The Energy Solutions segment is engaged in the development, manufacture, sale, and supply of maintenance services for power conditioners for solar power generation and hybrid systems for energy storage. The Electronic Devices segment is engaged in the development, manufacture, sale, and supply of maintenance services for ignition devices for home heating and cooling systems and hot water supply systems, electronic control devices, and other products.
Diamond Electric Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Fiscal Year Ending March 31, 2023
DIAMOND ELECTRIC HOLDINGS CO., LTD. 
