Nakanishi Inc. Revises Consolidated Earnings Forecast for the First Half and Fiscal Year Ending December 31, 2022
May 12, 2022 at 02:30 am EDT
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Nakanishi Inc. revised consolidated earnings forecast for the first half and fiscal year ending December 31, 2022. For the first half, the company expected consolidated net sales to be JPY 23,026 million as compared to previous guidance of JPY 19,749 million, consolidated operating profit to be JPY 6,546 million as compared to previous guidance of JPY 4,789 million, Profit attributable to owners of parent to be 5,062 million as compared to previous guidance of JPY 3,418 million and Consolidated earnings per share to be JPY 58.75 as compared to previous guidance of JPY 39.68.
For the fiscal year, the company expected consolidated net sales to be JPY 45,788 million as compared to previous guidance of JPY 41,244 million, consolidated operating profit to be JPY 12,606 million as compared to previous guidance of JPY 10,678 million, Profit attributable to owners of parent to be 9,621 million as compared to previous guidance of JPY 7,824 million and Consolidated earnings per share to be JPY 111.66 as compared to previous guidance of JPY 90.81.
NAKANISHI INC. is a Japan-based company mainly engaged in the manufacture and sale of dental instruments, as well as general industrial cutting and grinding machinery. The Company operates in three business segments. The Dental Product-related segment is involved in the manufacture and sale of handpieces for dental treatment, mechanical micro motors and handpieces as well as handpieces for surgeries, among others. The Industrial Product-related segment manufactures and sells grinders for manual works and spindles for machinery attachment. The Others segment is engaged in the provision of inspection and repair services for its dental and medical equipment and general industrial cutting and grinding equipment.