Nihon Dengi Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
May 10, 2023 at 09:30 pm EDT
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Nihon Dengi Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 35,000 million, operating profit of JPY 4,550 million, profit attributable to owners of the parent of JPY 3,200 million and earnings per share of JPY 399.48.
NIHON DENGI CO., LTD. is a Japan-based company primarily engaged in the design and construction of automatic control systems, as well as the sale of automatic control equipment. The Company has two business segments. The Air Conditioning Instrumentation segment is engaged in the design, construction, maintenance and inspection of automatic control systems for air conditionings for nonresidential buildings such as office buildings, factories, hospitals, laboratories, schools, commercial facilities and others, as well as the sale of automatic control equipment for air conditionings such as automatic control panels, sensors and thermostats. The Industrial Instrumentation segment is engaged in the design, construction, maintenance and inspection of automatic control systems for various manufacturing processes of food and drug plants, and transport lines of post offices and newspaper companies, as well as the sale of controllers, flow meters, industrial valves and other control equipment.