Koito Manufacturing Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024
July 26, 2023 at 02:00 am EDT
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Koito Manufacturing Co., Ltd. provides consolidated and non-consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. On consolidated basis, for the first half, The company expects net sales to be JPY 451,000 million, Operating income to be JPY 29,000 million, profit attributable to owners of parent to be JPY 23,500 million or JPY 73.98 per share.
For the full year, The company expects net sales to be JPY 934,000 million, Operating income to be JPY 67,000 million, profit attributable to owners of parent to be JPY 49,000 million or JPY 154.25 per share.
On non-consolidated basis, for the first half, The company expects net sales to be JPY 171,000 million, Operating income to be JPY 11,000 million, net income to be JPY 20,000 million or JPY 62.96 per share.
For the full year, The company expects net sales to be JPY 346,000 million, Operating income to be JPY 23,000 million, net income to be JPY 32,000 million or JPY 100.74 per share.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
Koito Manufacturing Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024
KOITO MANUFACTURING CO., LTD. 
