Tokyo Cosmos Electric Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024
February 13, 2024 at 02:30 am EST
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Tokyo Cosmos Electric Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 10,100 million, operating profit of JPY 990 million, profit attributable to owners of parent of JPY 990 million and earnings per share of JPY 570.24.
Tokyo Cosmos Electric Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of resistors and automotive electrical components. The Company operates through two business segments. The Variable Resistor segment is engaged in the provision of variable resistors and semi-fixed resistors for industrial equipment and consumer equipment. The Automotive Electrical Components segment is engaged in the provision of automotive position sensors, torque sensors, angle sensors, automotive side mirror heaters and automotive film heaters. The Company is also engaged in the operation of mixed integrated circuits business, production equipment and dies business, as well as switches business.