Nishimoto Co., Ltd. Reports Consolidated Financial Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the First Half and Full Year Ending December 31, 2018
May 13, 2018
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Nishimoto Co., Ltd. reported consolidated financial results for the first quarter ended March 31, 2018. For the quarter, Net sales were JPY 42,815 million. Operating income was JPY 1,647 million. Ordinary income was JPY 1,535 million. Profit before income taxes was JPY 1,535 million. Profit attributable to owners of parent was JPY 1,118 million or JPY 77.91 per share.
For the first half of fiscal year ending December 31, 2018, the company expects net sales of JPY 92,334 million, Operating income of JPY 3,167 million, Ordinary income of JPY 3,120 million, Profit attributable to owners of parent of JPY 2,180 million or JPY 151.93 per share.
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 JPY 324.98 per share.
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 Financial Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the First Half and Full Year Ending December 31, 2018
NISHIMOTO CO., LTD. 
