Maruwa Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2020 and Year Ending March 31, 2021
July 27, 2020 at 03:27 pm IST
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Maruwa Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2020 and year ending March 31, 2021. For the Six months ending September 30, 2020, net sales to be JPY 16,500 million, Operating profit to be JPY 3,400 million, Profit attributable to owners of parent to be JPY 2,300 million or JPY 186.50 per share.
For the year ending March 31, 2021, net sales to be JPY 36,500 million, Operating profit to be JPY 7,900 million, Profit attributable to owners of parent to be JPY 5,450 million or JPY 441.94 per share.
MARUWA Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of ceramic components, including electronic components, and lighting equipment. The Company operates through two segments. The Ceramic Components segment manufactures and sells electronic components, ceramic substrates, and products related to semiconductor manufacturing equipment. The Lighting Equipment segment is involved in the production and sale of the lighting equipment that uses light emitting diode (LED) in addition to conventional lighting equipment. The Company is also involved in the business of supporting foundation activities.