Nichiha Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2020
May 10, 2019 at 03:30 am EDT
Share
Nichiha Corporation announced consolidated earnings results for the year ended March 31, 2019. For the year, the company reported net sales of JPY 119,160 million against JPY 116,144 million a year ago. Operating profit was JPY 12,270 million against JPY 13,232 million a year ago. Profit attributable to owners of parent was JPY 9,915 million against JPY 11,151 million a year ago. EPS was JPY 268.13 against JPY 301.60 a year ago. Diluted EPS was JPY 267.61 against JPY 301.01 a year ago.
The company provided earnings guidance for the six months and full year of fiscal year ending March 31, 2020. For the six months, the company expects sales of JPY 61,500 million, operating profit of JPY 6,500 million, profit attributable to owners of parent of JPY 5,100 million and EPS of JPY 137.90.
For the year, the company expects sales of JPY 128,000 million, operating profit of JPY 14,500 million, profit attributable to owners of parent of JPY 11,000 million and EPS of JPY 297.44.
Nichiha Corp is a company mainly engaged in the manufacture and sale of armoring materials. The armoring material business is engaged in the manufacture and sale of armoring materials and external wall materials for ceramic industry, as well as metal armoring materials and templates. The fiber board business is engaged in the manufacture and sale of fiber boards. The construction business is engaged in the operation of exterior finish works using the Company's products. The FP business is engaged in the manufacture and sale of urethane insulation panels, custom home sales and home remodeling. The others business is engaged in the operation of maintenance business, cleaning business and industrial waste business related to the product manufacturing.
Nichiha Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2020
NICHIHA CORPORATION 
