Harada Industry Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
November 08, 2019 at 01:30 am
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Harada Industry Co., Ltd. reported consolidated earnings results for the second quarter ended September 30, 2019. For the period, the company reported net sales of JPY 21,182 million against JPY 21,345 million a year ago. Operating income was JPY 348 million against JPY 726 million a year ago. Profit attributable to owners of the parent was JPY 135 million against JPY 541 million a year ago. Basic earnings per share was JPY 6.24 against JPY 24.89 a year ago.
For the year ending March 31, 2020, the company expects net sales of JPY 41,500 million, operating income of JPY 1,200 million, and Profit attributable to owners of the parent of JPY 650 million or JPY 29.88 per share.
HARADA INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment and communications equipment. The Company operates in four segments. Japan segment is involved in the manufacture and sale of automotive equipment and communications equipment. Asia segment is involved in the manufacture and sale of automotive equipment. North and Central America segment is involved in the manufacture and sale of automotive equipment. Europe segment is involved in the sale of automotive equipment. Main products of automotive-related equipment include car radio antennas, relay cables, car television (TV) antennas, car antenna amplifiers, actuators, ETC antennas, and others. The communication related equipment include communication module antennas, radio frequency identification (RFID) antennas, and others. Other products include car accessories and others.
Harada Industry Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
HARADA INDUSTRY CO., LTD. 
