Mabuchi Motor Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended December 31, 2016
February 06, 2017
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Mabuchi Motor Co., Ltd. revised consolidated earnings guidance for the fiscal year ended December 31, 2016. For the period, the company now expects JPY 140,690 million compared to JPY 135,000 forecasted earlier. Operating income to be JPY 24,220 million compared to JPY 21,800 forecasted earlier. Ordinary income to be JPY 26,130 million compared to JPY 18,600 forecasted earlier. Profit attributable to owners of parent to be JPY 20,590 million compared to JPY 13,500 forecasted earlier. Net income per share to be JPY 300.58 compared to JPY 197.08 forecasted earlier.
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.
MABUCHI MOTOR CO., LTD. 
