NID Co. Ltd. Reports Consolidated Earnings Results for the Fiscal Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal 2019 and Full Fiscal Year Ending March 31, 2019
May 10, 2018
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NID Co. Ltd. reported consolidated earnings results for the fiscal year ended March 31, 2018. For the year, the company reported net sales of JPY 17,913 million compared to JPY 17,683 million a year ago. Operating income was JPY 1,826 million compared to JPY 1,834 million a year ago. Ordinary income was JPY 2,015 million compared to JPY 1,967 million a year ago. Profit attributable to owners of the parent was JPY 1,362 million compared to JPY 1,304 million a year ago. Net income per share was JPY 359.98 compared to JPY 344.72 a year ago. ROE was 12.6% compared to 13.5% a year ago. ROA was 12.4% compared to 13.3% a year ago. Profit before income tax was JPY 2,012,181,000 compared to JPY 1,939,543,000 a year ago. Net cash flow from operating activities was JPY 1,862,321,000 compared to JPY 1,184,250,000 a year ago. Purchase of property, plant and equipment was JPY 72,458,000 against JPY 51,368,000 a year ago. Purchase of intangible assets was JPY 19,138,000 against JPY 44,397,000 a year ago.
The company provided consolidated earnings guidance for the second quarter of fiscal 2019 and full fiscal year ending March 31, 2019. For the second quarter, the company expects net sales of JPY 8,900 million, operating income of JPY 670 million, ordinary income of JPY 720 million, profit attributable to owners of the parent of JPY 500 million and net income per share of JPY 132.09.
For the full year ending March 31, 2019, the company expects net sales of JPY 18,900 million, operating income of JPY 1,700 million, ordinary income of JPY 1,800 million, profit attributable to owners of the parent of JPY 1,240 million and net income per share of JPY 327.58.
Nippon Information Development Co., Ltd. is a Japan-based company mainly engaged in the embedded solution business, information and communication technology (ICT) innovation business, financial system business, network solution business and other businesses. The Company operates in five business segments. The Embedded Solutions segment is engaged in the development and design of embedded software to customers. The ICT Innovation Business is engaged in the design and development of communication systems for customers. The Financial Systems segment provides financial business software to customers in the fields of life and non-life insurance, credit and securities, information and services. The Network Solution segment provides services such as system construction, infrastructure construction, security services, system maintenance and operation. The Others segment is involved in three businesses including data solutions business, product business and staffing business.
NID Co. Ltd. Reports Consolidated Earnings Results for the Fiscal Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal 2019 and Full Fiscal Year Ending March 31, 2019