Fuji Electric Co., Ltd. Re-Affirms Earnings Guidance for the First Half and Full Year of Fiscal 2021
July 29, 2021 at 02:30 am
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Fuji Electric Co., Ltd. re-affirmed earnings guidance for the first half and full year of fiscal 2021. For the first half, the company expects JPY 410 billion in sales, JPY 11.5 billion in operating income and ordinary income of JPY 11 billion and net income of JPY 8 billion.
For the full year, the company expects sales of JPY 900 billion, JPY 60 billion in operating income, JPY 61 billion in ordinary income and JPY 42 billion in net profit.
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).