Mabuchi Motor Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending December 31, 2023
April 27, 2023 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, 2023. For the six months, the company expected net sales of JPY 85,900 million, operating profit of JPY 6,900 million, profit attributable to owners of parent of JPY 5,400 million and earnings per share of JPY 83.55.
For the full year, the company expected net sales of JPY 173,000 million, operating profit of JPY 15,000 million, profit attributable to owners of parent of JPY 11,900 million and earnings per share of JPY 184.12.
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.