Tachibana Eletech Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 11, 2023 at 02:30 am EDT
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Tachibana Eletech Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 227,266 million. Net income was JPY 7,841 million.
Basic earnings per share from continuing operations was JPY 313.91.
TACHIBANA ELETECH CO., LTD. is a Japan-based company mainly engaged in the sale of the factory automation (FA) equipment, industrial machinery, industrial devices, semiconductor and electronic devices and equipment, as well as the provision of maintenance and service for related business. The Company operates through three business segments. FA System segment offers programmable controllers, inverters, and electrical discharge machines. Semiconductor Device segment provides semiconductors and electric devices. Information Communication segment provides radiofrequency identification (RFID) system, surveillance cameras and thin clients. Facility segment provides air-conditioning equipment, solar power generation systems, all-electric appliances, room air conditioners, elevators, among others. The Company is also involved in the support for customers with contract manufacturing of electronic equipment (EMS) and contract manufacturing of metal processing (MMS).