Mitachi Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended February 28, 2019; Provides Consolidated Earnings Guidance for the Year Ending May 31, 2019
March 29, 2019 at 02:00 am
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Mitachi Co., Ltd. announced consolidated earnings results for the third quarter ended February 28, 2019. For the quarter, the company reported net sales of JPY 28,831 million against JPY 32,010 million a yeara ago. Operating profit was JPY 1,036 million against JPY 1,174 million a year ago. Profit attributable to owners of parent was JPY 757 million against JPY 819 million a year ago. Basic earnings per share were JPY 95.86 against JPY 111.54 a year ago. Diluted earnings per share were JPY 95.79.
For the fiscal year 2019, the company expects net sales of JPY 38,000 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 900 million and basic earnings per share of JPY 113.83.
MITACHI CO., LTD is a company mainly involved in the sale of semiconductors, liquid crystal products and electronic parts. The Domestic division is engaged in the purchase and sale of semiconductors, including universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards; industrial equipment, such as chip mounters and printers, as well as other components, such as hard discs and electric motors. The Overseas division is engaged in the contracted manufacture and sale of electrical devices and electrical components, as well as the purchase and sale of electrical devices and electrical components. In addition, the Company is engaged in the contract processing of electronic products.
Mitachi Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended February 28, 2019; Provides Consolidated Earnings Guidance for the Year Ending May 31, 2019
MITACHI CO., LTD. 
