Meiko Electronics Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021
March 19, 2021 at 11:30 am IST
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Meiko Electronics Co., Ltd. revised earnings guidance for the year ending March 31, 2021. For the year, the company revises net sales of JPY 118,500 million compared to previous forecast of JPY 116,000 million. Operating income of JPY 6,500 million compared to previous forecast of JPY 5,300 million. Net income attributable to owners of parent of JPY 3,700 million compared to previous forecast of JPY 2,700 million. Net income per share of JPY 133.72 compared to previous forecast of JPY 103.16.
Meiko Electronics Co., Ltd. is a Japan-based company mainly engaged in the electronics-related business. The Company is engaged in the pattern design, manufacture and sale of electronic circuit boards, the manufacture of dies, the manufacture and sale of testing equipment, the development and manufacture of circuit board testing machines, the assembly of circuit boards, as well as the manufacture and sale of multi-video-processors. As of March 31, 2013, the Company had 10 consolidated subsidiaries and two nonconsolidated subsidiaries. In July, 2014, the Company established subsidiary Meiko Electronics Thang Long Co., Ltd.