Mabuchi Motor Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending December 31, 2022
February 14, 2022 at 01:00 pm IST
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Mabuchi Motor Co., Ltd. provided consolidated earnings guidance for the six months and full year ending December 31, 2022. For the quarter, the company expected net sales of JPY 71,000 million, operating income of JPY 6,600 million, net income attributable to owners of parent of JPY 5,100 million or JPY 78.03 per basic share.
For the year, the company expected net sales of JPY 148,000 million, operating income of JPY 15,500 million, net income attributable to owners of parent of JPY 12,300 million or JPY 188.20 per basic share.
MABUCHI MOTOR CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of small motors. Its automotive electrical equipment are used in car mirrors, door locks, dampers for air conditioning, power windows, power sheets, collimating equipment for headlights, lumbar supports and others. Its consumer goods and business machine are used in shavers, hair clippers, hair removal machines, toothbrushes, hair dryers, impact wrenches, circular saws, tools, inkjet printers, copiers, multifunction peripheral (MFP), laser printers and others.