Fuji Electric Co., Ltd. Provides Earnings Guidance for the Fiscal Year 2021
January 28, 2021
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Fuji Electric Co., Ltd. provided earnings guidance for the fiscal year 2021. For the year, the company forecast for operating income of JPY 41 billion, net income attributable to owners of parent was revised up JPY 5.5 billion to JPY 33 billion due to extraordinary income and loss. The company revised down net sales forecast by JPY 10 billion.
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).
FUJI ELECTRIC CO., LTD 
