Nippon Pallet Pool Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2022
May 08, 2022
Share
Nippon Pallet Pool Co., Ltd. reported earnings results for the full year ended March 31, 2022. For the full year, the company reported sales was JPY 6,915.7 million compared to JPY 6,782.25 million a year ago. Revenue was JPY 7,094.6 million compared to JPY 6,962.45 million a year ago. Net income was JPY 272.85 million compared to JPY 452.91 million a year ago. Basic earnings per share from continuing operations was JPY 162.12 compared to JPY 269.12 a year ago.
NIPPON PALLET POOL CO., LTD. is a Japan-based company mainly engaged in the provision of pallet rental services. The Company is engaged in the rental of cargo handling and transportation equipment such as wooden pallets, plastic pallets, supporters, nesters, roll boxes, containers, racks, carts and others, as well as the operation of the pallet pool. The pallet pool operation business is engaged in the provision of pallet rental and recycling services for customers in pallets storage and management bases through the same standard pallets sharing and circulating system, as well as the provision of repair, maintenance and management services for pallets. The general palletization promotion business is engaged in the provision of unloading and transshipping services for cargo loaded on pallets, as well as transportation and storage services using forklifts and other loading equipment.