Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2017; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2018; Announces Cash Dividend for the Year End of Fiscal 2017, Payable on December 21, 2017; Provides Cash Dividend Guidance for the Year End of Fiscal 2018
November 08, 2017
Share
Nishio Rent All Co., Ltd. reported consolidated earnings results for the year ended September 30, 2017. For the year, the company's net sales were JPY 123,538 million compared to JPY 115,937 million a year ago. Operating profit was JPY 11,121 million compared to JPY 11,805 million a year ago. Ordinary profit was JPY 11,017 million compared to JPY 11,292 million a year ago. Profit attributable to owners of the parent was JPY 7,171 million compared to JPY 6,920 million a year ago. Diluted earnings per share was JPY 275.55 compared to JPY 258.69 a year ago. Net cash provided by operating activities was JPY 17,148 million compared to JPY 13,516 million a year ago. Profit before income taxes was JPY 10,996 million compared to JPY 11,175 million a year ago. Profit was JPY 7,380 million compared to JPY 7,117 million a year ago.
Purchase of property, plant and equipment was JPY 1,888 million compared to JPY 4,001 million a year ago.
The company provided earnings guidance for the six months and full year of fiscal 2018. For the six months ending March 31, 2018, the company expects net sales of JPY 69,220 million, operating profit of JPY 7,820 million, ordinary profit of JPY 7,500 million, profit attributable to owners of parent of JPY 4,720 million and earnings per share of JPY 184.87.
For the year ending September 30, 2018, the company expects net sales of JPY 132,700 million, operating profit of JPY 12,700 million, ordinary profit of JPY 12,000 million, profit attributable to owners of parent of JPY 7,450 million and earnings per share of JPY 291.79.
The company announced cash dividend for the year end of fiscal 2017. For the year end, the company announced cash dividend of JPY 57 per share compared to JPY 57 per share paid a year ago. Scheduled date for start of dividend payment on December 21, 2017.
The company also provided cash dividend guidance for the year end of fiscal 2018. For the year end, the company expects to pay cash dividend of JPY 59 per share compared to JPY 57 per share a year ago.
Nishio Holdings Co Ltd is a Japan-based company mainly engaged in the rental of construction and facility construction equipment, such as civil engineering and road machinery, aerial work machinery, construction machinery, surveying equipment, as well as related equipment for events, and other related businesses. The Rental-related business segment is engaged in the rental and construction of construction equipment, track construction equipment, contaminated soil and contaminated water treatment equipment, muddy water treatment equipment, tunnel and dam construction machinery, event equipment, and photography props, as well as electrical equipment work, electrical wiring work, and operation work for construction machinery and transport business. In addition, the Company is also engaged in the manufacture of tacks and screws, and construction equipment, as well as insurance and real estate leasing business.
Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2017; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2018; Announces Cash Dividend for the Year End of Fiscal 2017, Payable on December 21, 2017; Provides Cash Dividend Guidance for the Year End of Fiscal 2018