Yokowo Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending Sept. 2019 and Full Year Ending March 2020
May 13, 2019 at 12:00 pm IST
Share
Yokowo Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis, the company reported net sales of JPY 54,752 million against JPY 51,919 million a year ago. Operating profit was JPY 3,028 million against JPY 3,135 million a year ago. Ordinary profit was JPY 3,286 million against JPY 2,911 million a year ago. Profit attributable to owners of parent was JPY 2,209 million or JPY 109.18 per basic share or JPY 115.82 per diluted share against JPY 2,337 million or JPY 108.83 per basic share or JPY 115.41 per diluted share a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 45,608 million against JPY 43,080 million a year ago. Operating profit was JPY 824 million against JPY 1,511 million a year ago. Ordinary profit was JPY 1,447 million against JPY 1,747 million a year ago. Profit was JPY 927 million or JPY 45.84 per basic share or JPY 45.69 per diluted share against JPY 1,463 million or JPY 72.53 per basic share or JPY 72.27 per diluted share a year ago.
For the year ending March 2020, the company expects net sales of JPY 58,000 million, operating profit of JPY 3,650 million, ordinary profit of JPY 3,600 million and profit attributable to owners of parent of JPY 2,500 million or JPY 123.54 per share.
For the six months ending Sept. 2019, the company expects net sales of JPY 28,000 million, operating profit of JPY 1,650 million, ordinary profit of JPY 1,600 million and profit attributable to owners of parent of JPY 1,100 million or JPY 54.36 per share.
YOKOWO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of various types of electronic equipment. The Company operates in three business segments. The Vehicle Communication equipment segment supplies various of on-board antennas covering broad frequency ranges, including those for inter-vehicle and road-to-vehicle communications in advanced driver assistance systems (ADAS) and automated driving systems, in step with trends towards more compact composite models, media diversification and radio frequency identifier (RFID) support. The Circuit Testing Connectors segment provides connectors and test systems for the front to back-end testing. The Wireless Communication Equipment segment provides connectors for small mobile devices and point of sale (POS) devices.
Yokowo Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending Sept. 2019 and Full Year Ending March 2020