Harada Industry Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020
May 21, 2020 at 03:30 am
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Harada Industry Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2020. For the year, the consolidated company's net sales were JPY 41,136 million compared to JPY 43,135 million a year ago. Operating income was JPY 683 million compared to JPY 1,737 million a year ago. Profit attributable to owners of parent was JPY 200 million or JPY 9.21 per basic share compared to JPY 936 million or JPY 43.07 per basic share a year ago.
For the year, the non-consolidated company's net sales were JPY 17,836 million compared to JPY 19,111 million a year ago. Operating loss was JPY 208 million compared to profit of JPY 616 million a year ago. Loss was JPY 288 million or JPY 13.28 per basic share compared to profit of JPY 45 million or JPY 2.09 per basic share a year ago.
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. 
