Nikko Co., Ltd. Provides Consolidated Earnings Guidance for the First Half of Fiscal Year 2020 and Fiscal Year Ending March 31, 2022
August 17, 2021 at 04:30 am EDT
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Nikko Co., Ltd. provided consolidated earnings guidance for the first half of fiscal year 2020 and fiscal year ending March 31, 2022. For the first half, the company expects net sales of JPY 19,000 million, operating income of JPY 1,100 million, net income attributable to owners of JPY 850 million and net income per share of JPY 22.16.
For the fiscal year, the company expects net sales of JPY 39,000 million, operating income of JPY 2,300 million, net income attributable to owners of JPY 1,700 million and net income per share of JPY 44.33.
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. 
