Koito Manufacturing Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2020
April 23, 2019 at 08:00 am
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Koito Manufacturing Co. Ltd. reported consolidated and non-consolidated earnings results for the full year ended March 31, 2019. For the year, on the consolidated basis, the company reported net sales of JPY 826,257 million against JPY 848,868 million a year ago. Operating income was JPY 101,534 million against JPY 103,785 million a year ago. Net income was JPY 80,893 million against JPY 92,232 million a year ago. Net income per share was JPY 453.52 against JPY 518.90 a year ago. Net income per diluted share was JPY 453.37 against JPY 518.72 a year ago.
For the year, on the non-consolidated basis, the company reported net sales of JPY 364,104 million against JPY 339,976 million a year ago. Operating income was JPY 38,346 million against JPY 37,599 million a year ago. Net income was JPY 44,132 million against JPY 62,228 million a year ago. Net income per share was JPY 274.57 against JPY 387.18 a year ago. Net income per diluted share was JPY 274.48 against JPY 387.05 a year ago.
The company provided consolidated and non-consolidated earnings guidance for the first half and year ending March 31, 2020. On consolidated basis, for the first half, the company expects net sales of JPY 397,000 million, operating income of JPY 42,000 million, recurring profit of JPY 43,000 million and profit attributable to owners of parent company of JPY 29,000 million or JPY 180.43 per share.
On consolidated basis, for the full year, the company expects net sales of JPY 825,000 million, operating income of JPY 92,000 million, recurring profit of JPY 94,000 million and profit attributable to owners of parent company of JPY 63,000 million or JPY 391.96 per share.
On non-consolidated basis, for the first half, the company expects net sales of JPY 178,000 million, operating income of JPY 15,000 million, recurring profit of JPY 27,000 million and net income of JPY 21,500 million or JPY 133.76 per share.
On non-consolidated basis, for the full year, the company expects net sales of JPY 362,000 million, operating income of JPY 31,000 million, recurring profit of JPY 51,000 million and net income of JPY 39,000 million or JPY 242.64 per share.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
Koito Manufacturing Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2020
KOITO MANUFACTURING CO., LTD. 
