Yokowo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2020 and Full Year Ending March 2021
August 03, 2020 at 11:00 pm
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Yokowo Co., Ltd. provided consolidated earnings guidance for the six months ending September 2020 and full year ending March 31, 2021. For the six months ending September 30, 2020, the company expects net sales of JPY 26,000 million, operating profit of JPY 1,500 million and profit attributable to owners of parent of JPY 800 million or JPY 39.42 per basic share.
For the year ending March 31, 2021, the company expects net sales of JPY 56,500 million, operating profit of JPY 4,200 million and profit attributable to owners of parent of JPY 2,700 million or JPY 133.04 per basic share.
YOKOWO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of various types of electronic equipment. The Company operates in three business segments. The Vehicle Communication equipment segment supplies various of on-board antennas covering broad frequency ranges, including those for inter-vehicle and road-to-vehicle communications in advanced driver assistance systems (ADAS) and automated driving systems, in step with trends towards more compact composite models, media diversification and radio frequency identifier (RFID) support. The Circuit Testing Connectors segment provides connectors and test systems for the front to back-end testing. The Wireless Communication Equipment segment provides connectors for small mobile devices and point of sale (POS) devices.