Nishimoto Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2018; Provides Earnings Guidance for the Full Year Ending December 31, 2018
November 13, 2018
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Nishimoto Co., Ltd. reported consolidated earnings results for the nine months ended September 30, 2018. For the period, net sales were JPY 135,548 million against JPY 128,995 million a year ago. Operating income was JPY 4,783 million against JPY 4,820 million a year ago. Ordinary income was JPY 4,787 million against JPY 4,468 million a year ago. Profit attributable to owners of parent was JPY 3,380 43.3 million against JPY 2,359 million a year ago. Net income per share was JPY 235.53 million against JPY 188.55 million a year ago. Profit before income taxes was JPY 4,787 million against JPY 3,954 million a year ago.
For the full year ending December 31, 2018, the company expects net sales of JPY 184,814 million, operating income of JPY 6,775 million, ordinary income of JPY 6,681 million, profit attributable to owners of parent of JPY 4,664 million or net income per share of JPY 324.98 million.
Nishimoto Co., Ltd. is a Japan-based holding company engaged in development and logistics of the Asian food and food materials, as well as the inport and wholesale of vegetable and fruits. The Company operates in two business segments. The Global Asian Food Business segment is involved in the import of Japanese food, as well as the provision of Asian food and ingredients. The Segment is also involved in the wholesale to restaurants and grocery stores. The Agriculture and Fishery Business segment is involved in the import and wholesale of fruits and vegetables and other processed goods to food manufacturers and restaurants. The Company is also involved in the import of overseas foods and groceries, as well as the development, manufacture, import and sale of character goods.
Nishimoto Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2018; Provides Earnings Guidance for the Full Year Ending December 31, 2018