Hokuriku Electric Industry Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended December 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 07, 2020 at 12:00 am
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Hokuriku Electric Industry Co.,Ltd. reported consolidated earnings results for the quarter ended December 2019. For the period, the company reported net sales of JPY 29,596 million against JPY 33,194 million a year ago. Operating profit was JPY 729 million against JPY 774 million a year ago. Ordinary profit was JPY 756 million against JPY 1,067 million a year ago. Profit attributable to owners of parent was JPY 565 million or JPY 67.54 per basic share against loss attributable to owners of parent of JPY 557 million or JPY 66.60 per basic share a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales of JPY 39,000 million, operating profit of JPY 800 million, ordinary profit of JPY 800 million and profit attributable to owners of parent of JPY 600 million or JPY 71.64 per basic share.
HOKURIKU ELECTRIC INDUSTRY CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of resistors, module products, electronic devices and other electronic components. The Company operates through two business segments. The Electronic Components segment is engaged in the manufacture and sale of film resistors, variable resistors, hybrid integrated circuits, unit products, other module products, sensors, piezoelectric components, circuit boards and other electronic components. The Mold and Machinery Equipment segment is engaged in the manufacture and sale of molds and machinery and equipment. The Company is also engaged in the goods purchase, and real estate and insurance agency business.
Hokuriku Electric Industry Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended December 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
HOKURIKU ELECTRIC INDUSTRY CO.,LTD. 
