Yokowo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2023 and for the Fiscal Year Ending March 31, 2024
May 12, 2023 at 02:30 am EDT
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Yokowo Co., Ltd. provided consolidated earnings guidance for the six months ending September 2023 and for the fiscal year ending March 31, 2024. For the six months, the company expects net sales of JPY 36,000 million, operating profit of JPY 500 million, profit attributable to owners of the parent of JPY 35 million and basic earnings per share of JPY 1.50.
For the year, the company expects net sales of JPY 77,000 million, operating profit of JPY 3,200 million, profit attributable to owners of the parent of JPY 2,000 million and basic earnings per share of JPY 85.80.
YOKOWO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of various types of electronic equipment. The Company operates in three business segments. The Vehicle Communication equipment segment supplies various of on-board antennas covering broad frequency ranges, including those for inter-vehicle and road-to-vehicle communications in advanced driver assistance systems (ADAS) and automated driving systems, in step with trends towards more compact composite models, media diversification and radio frequency identifier (RFID) support. The Circuit Testing Connectors segment provides connectors and test systems for the front to back-end testing. The Wireless Communication Equipment segment provides connectors for small mobile devices and point of sale (POS) devices.
YOKOWO CO., LTD. 
