Nippon Information Development Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020; Provides Earnings Guidance for the Year Ending March 31, 2020
February 06, 2020
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Nippon Information Development Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of ¥12,845 million against ¥12,882 million a year ago. Operating income was ¥1,200 million against ¥1,272 million a year ago. Profit attributable to owners of the company was ¥908 million against ¥933 million a year ago. Net income per share was ¥79.99 per share against ¥82.24 per share.
For the fiscal year ending March 31, 2020, the company expects consolidated net sales of ¥19,000 million, operating income of ¥1,900 million, profit attributable to owners of the company of ¥1,390 million or ¥122.40 per share.
For the year ending March 31, 2020, the company expects to pay dividend of ¥22.00 per share.
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.
Nippon Information Development Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020; Provides Earnings Guidance for the Year Ending March 31, 2020
NIPPON INFORMATION DEVELOPMENT CO., LTD. 
