Morio Denki Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2023 and Full Year Ending March 2024
May 15, 2023 at 06:00 am
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Morio Denki Co., Ltd. provided consolidated earnings guidance for the six months ending September 2023 and full year ending March 2024. For the six months ending September 2023, the company expects Net sales of JPY 3,850 million, Operating profit of JPY 90 million, Profit attributable to owners of parent of JPY 50 million and Basic earnings per share of JPY 36.36.
For the full year ending March 2024, the company expects Net sales of JPY 7,850 million, Operating profit of JPY 220 million, Profit attributable to owners of parent of JPY 130 million and Basic earnings per share of JPY 94.52.
MORIO DENKI CO., LTD. is primarily engaged in the manufacture and sale of electrical equipment. The Company operates in two business segments. In the Electrical Equipment Manufacture and Sale segment, the railway-related business manufactures main controllers, power distribution boards, switch boxes, fluorescent lights, destination indicators, passenger information display devices for railway operators and railcar manufactures. The automobile-related business manufactures self-propelled labeling vehicles, various vehicle-mounted indicators and various road information systems for highway companies and Ministry of Land, Infrastructure, Transport and Tourism. The ship-related business manufactures various explosion-proof lights and explosion-proof tools, as well as various lighting fixtures for vessels and security-related equipment. The Real Estate-related segment is engaged in the leasing of real estate.
MORIO DENKI CO., LTD. 
