Nikki Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2021
May 14, 2021 at 02:00 am EDT
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Nikki Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2021. For the year, on consolidated basis, the company reported net sales of JPY 5,895 million compared to JPY 7,526 million a year ago. Operating profit was JPY 224 million compared to JPY 639 million a year ago. Profit attributable to owners of parent was JPY 256 million compared to JPY 491 million a year ago. Basic earnings per share was JPY 135.27 compared to JPY 260.14 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 5,525 million compared to JPY 6,200 million a year ago. Operating profit was JPY 117 million compared to JPY 443 million a year ago. Profit was JPY 185 million compared to JPY 377 million a year ago. Basic earnings per share was JPY 97.77 compared to JPY 199.86 a year ago.
NIKKI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of equipment for automobiles, gas and multipurpose applications, as well as the real estate business. The Company operates in four business segments. The Gas Equipment segment is engaged in the manufacture and sale of electronic control units (ECU), injectors, injection systems, mixing equipment, vaporizers and regulators. The Multipurpose Equipment segment is engaged in the manufacture and sale of agricultural and industrial multipurpose carburetors, carburetors for marine vessels, and injection systems for two-wheeled vehicles. The Automobile Equipment segment is engaged in the manufacture and sale of throttle bodies, carburetors, accelerator wire units and actuators. The Real Estate Leasing segment is engaged in the leasing of real estate properties.