Mitachi Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended August 31, 2021
October 01, 2021 at 07:00 am
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Mitachi Co., Ltd. announced consolidated earnings results for the first quarter ended August 31, 2021. For the quarter, the company reported Net Sales were ¥9,827 million against ¥6,629 million a year ago. Operating profit was ¥406 million against ¥6 million a year ago. Profit attributable to owners of parent was ¥314 million against loss attributable to owners of parent of ¥16 million a year ago. Basic earnings per share of ¥39.82 against loss per share of ¥2.09.
MITACHI CO., LTD is a company mainly involved in the sale of semiconductors, liquid crystal products and electronic parts. The Domestic division is engaged in the purchase and sale of semiconductors, including universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards; industrial equipment, such as chip mounters and printers, as well as other components, such as hard discs and electric motors. The Overseas division is engaged in the contracted manufacture and sale of electrical devices and electrical components, as well as the purchase and sale of electrical devices and electrical components. In addition, the Company is engaged in the contract processing of electronic products.