Nikki Co., Ltd. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 2022
July 30, 2021 at 02:00 am EDT
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Nikki Co., Ltd. provided earnings guidance for the second quarter and full year of fiscal year ending March 2022. For the quarter, the company expects net sales of JPY 3,800 million, operating profit of JPY 280 million, profit attributable to owners of parent of JPY 150 million and basic earnings per share of JPY 78.84.
For the year, the company expects net sales of JPY 7,500 million, operating profit of JPY 400 million, profit attributable to owners of parent of JPY 260 million and basic earnings per share of JPY 136.65.
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.