Nikki Co., Ltd. Provides Earnings Guidance for the Period Ending September 2022 and for the Full Year Ending March 2023
May 13, 2022 at 02:00 am EDT
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Nikki Co., Ltd. provided earnings guidance for the period ending September 2022 and for the full year ending March 2023. For the period ending September 2022, the company expected net sales to be JPY 3,800 million, Operating profit to be JPY 300 million, Profit attributable to owners of parent to be JPY 60 million and Earnings per share to be JPY 31.41.
For the full year, the company expected net sales to be JPY 8,000 million, Operating profit to be JPY 700 million, Profit attributable to owners of parent to be JPY 300 million and Earnings per share to be JPY 157.07.
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.