Hosiden Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 07, 2019
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Hosiden Corporation reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 100,040 million against JPY 135,995 million a year ago. Operating income was JPY 5,664 million against JPY 5,712 million a year ago. Net income was JPY 4,461 million or JPY 76.32 per share against JPY 6,991 million or JPY 117.58 per share a year ago. Diluted net income per share was JPY 71.11 against JPY 109.88 a year ago.
For the year ending March 31, 2020, the consolidated company expects net sales of JPY 245,000 million, operating income of JPY 8,000 million, profit attributable to owners of parent of JPY 6,000 million or JPY 102.64 per share.
Hosiden Corporation is principally engaged in the manufacture and sale of electronic components. The Company has four business segments. The Mechanical Component segment provides connectors, jacks and switches. The Acoustic segment offers microphones, headphones, headsets, speakers and receivers. The Liquid Crystal Display Device segment provides passive liquid crystal display devices. The Composite Part and Others segment offers remote controllers and solenoids.
Hosiden Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
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