Nikko Co., Ltd. Provides Consolidated Earnings Forecast for the First Half and Full Year of Fiscal Year Ending March 31, 2023
August 09, 2022
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Nikko Co., Ltd. provided consolidated earnings forecast for the first half and full year of fiscal year ending March 31, 2023. For the first half, the company expected net sales to be JPY 20,000 million, Operating profit to be JPY 1,000 million, Profit attributable to owners of parent to be JPY 700 million and basic earnings per share to be JPY 18.32.
For the full year, the company expected net sales to be JPY 42,000 million, Operating profit to be JPY 2,300 million, Profit attributable to owners of parent to be JPY 1,600 million and basic earnings per share to be JPY 41.87.
NIKKO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of asphalt plants, concrete plants, as well as environment and transport machinery. The Company operates in three business segments. Asphalt Plant-Related Business segment produces asphalt plants, recycling plants, as well as compound silos, among others. Concrete Plant-Related Business segment produces concrete plants, concrete pumps, as well as factory equipment for concrete product production, among others. Environment and Transportation Related Businesses segment produces environment and recycling plants, conveyor systems. The Company is also involved in the manufacture of pipe frame scaffolds, steel road boards, pipe supports, small concrete mixers, mortar mixers, sluice gates, crushers, among others, as well as the sale of real estate leasing and home renovation.
NIKKO CO., LTD. 
