Nikko Co., Ltd. Provides Consolidated Earnings Guidance for the First Half of 2024 and Full Year Ending March 31, 2024
May 25, 2023 at 12:00 am EDT
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Nikko Co., Ltd. provided consolidated earnings guidance for the first half of 2024 and full year ending March 31, 2024. For the first half, the company expects net sales of ¥19,000 million, operating income of ¥400 million, Net income attributable to owners of parent of ¥200 million, and net income per share of ¥5.23.
For the year, the company expects net sales of ¥44,000 million, operating income of ¥1,900 million, Net income attributable to owners of parent of ¥1,200 million, and net income per share of ¥31.36.
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. 
