Japan Aviation Electronics Industry, Limited Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2023
April 27, 2022 at 02:00 am EDT
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Japan Aviation Electronics Industry, Limited provided earnings guidance for the first half and full year ending March 31, 2023. For the first half, the company expected Net sales of JPY 121,000 million, Operating profit of JPY 9,500 million, Profit attributable to owners of parent of JPY 6,700 million, Basic earnings per share of JPY 73.63.
For the full year, the company expected Net sales of JPY 245,000 million, Operating profit of JPY 20,000 million, Profit attributable to owners of parent of JPY 14,350 million, Basic earnings per share of JPY 157.71.
Japan Aviation Electronics Industry, Limited is a Japan-based company mainly engaged in the manufacture and sale of connectors, interface solution equipment and others, as well as the purchase and sale of the other related equipment and parts. The Company operates through three business segments. The Connector segment is involved in the manufacture and sale of various connectors for use in mobile devices, automobiles, industrial machinery and infrastructure, among others. The Interface Solutions segment is involved in the manufacture and sale of automotive products, industrial machinery and infrastructure products. The Aircraft segment is involved in the production of flight control equipment, inertial navigation equipment, defense and space electronic equipment, drive equipment and sensor packages, as well as the manufacture and sale of aircraft and infrastructure and automotive products. The Company is also involved in the sale of other goods and the service business.
JAPAN AVIATION ELECTRONICS INDUSTRY, LIMITED 
