Koito Manufacturing Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
January 30, 2024 at 01:00 am EST
Share
Koito Manufacturing Co., Ltd. provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, on consolidated basis, the company expects net sales to be JPY 945,000 million, Operating income to be JPY 66,000 million, profit attributable to owners of parent to be JPY 48,500 million and net income per share to be JPY 157.58.
For the year, on non-consolidated basis, the company expects net sales to be JPY 348,000 million, Operating income to be JPY 24,500 million, net income to be JPY 31,000 and net income per share to be JPY 100.72.
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.