Mabuchi Motor Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2023
August 10, 2023 at 08:30 am
Share
Mabuchi Motor Co., Ltd. revised consolidated earnings guidance for the year ending December 31, 2023. For the year, the company revised net sales of JPY 173,000 million compared to previous forecast of JPY 173,000 million. Operating income of JPY 13,000 million compared to previous forecast of JPY 15,000 million.
Profit attributable to owners of parent of JPY 16,200 million compared to previous forecast of JPY 11,900 million. Profit per share of JPY 250.61 per share compared to previous forecast of JPY 184.12.
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.