Nikko Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2021
February 22, 2021 at 02:30 am EST
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Nikko Co., Ltd. reported consolidated earnings results for the nine months ended March 31, 2021. For the nine months, the company reported net sales of JPY 24,632 million against JPY 24,562 million a year ago. Operating income was JPY 904 million against JPY 1,040 million a year ago. Net income was JPY 966 million against JPY 970 million a year ago. Net income per share was JPY 25.16 against JPY 25.20 a year ago.
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.