Daiki Axis Co., Ltd Announces Financial Results for the Fiscal Year Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2020
March 10, 2020 at 09:30 am EDT
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Daiki Axis Co., Ltd. announced financial results for the fiscal year ended December 31, 2019. For the year, the company reported net sales in the fiscal year ended December 31, 2019 were JPY 35,749 million (down 1.3% year-over-year).
For the fiscal year ending December 31, 2020, the company forecasts consolidated net sales of JPY 39,400 million (up 10.2% from the fiscal year ended December 31, 2019) and JPY 900 million in profit attributable to owners of parent (up 15.0%).
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.
Daiki Axis Co., Ltd Announces Financial Results for the Fiscal Year Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2020