Seiko Electric Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022
October 26, 2022 at 03:00 am EDT
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Seiko Electric Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. For the full year, the company expects to report net sales of JPY 26,000 million, operating profit of JPY 1,500 million, ordinary profit of JPY 1,670 million, profit attributable to the owners of parent of JPY 1,100 million, and basic earnings per share of JPY 90.68.
SEIKO ELECTRIC CO., LTD. is a Japan-based company mainly engaged in the electric power business, environmental energy business, information business and service business. The Company has four business segments. The Power segment is engaged in the manufacture and sale of power control systems, power switching devices, distribution automation equipment and intelligence equipment. The Environment and Energy segment is mainly engaged in the manufacture and sale of public and environmental systems, industrial plant systems, power distribution systems and storage systems. The Information segment is mainly engaged in the manufacture and sale of cloud service products for ports, healthcare and e-learning services. The Service segment is mainly engaged in the provision of engineering services of electrical equipment, and the insurance agency business. The Company is also engaged in the electrical construction business and the equipment installation business.
SEIKO ELECTRIC CO., LTD. 