Mabuchi Motor Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of 2021 and Full Year Ending December 31, 2021
April 28, 2021 at 01:00 pm IST
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Mabuchi Motor Co., Ltd. provided consolidated earnings guidance for the six months of 2021 and full year ending December 31, 2021. For the six months, the company expects net sales of JPY 64,500 million, operating income of JPY 7,400 million and profit attributable to owners of parent of JPY 4,900 million or JPY 74.29 per share.
For the year, the company expects net sales of JPY 128,000 million, operating income of JPY 14,700 million and profit attributable to owners of parent of JPY 10,600 million or JPY 160.71 per 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.