Nittoseiko Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2024 and Full Year Ending December 31, 2024
May 15, 2024 at 04:00 am EDT
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Nittoseiko Co.,Ltd. provided consolidated earnings guidance for the six months ending June 30, 2024 and full year ending December 31, 2024. For the six months ending June 30, 2024, the company expects consolidated net sales of JPY 23,000 million, operating profit of JPY 1,500 million, profit attributable to owners of parent of JPY 1,000 million and earnings per share of JPY 27.36.
For the year ending December 31, 2024, the company expects consolidated net sales of JPY 48,200 million, operating profit of JPY 3,300 million, profit attributable to owners of parent of JPY 2,100 million and earnings per share of JPY 57.46.
NITTO SEIKO CO., LTD. is a manufacturer of industrial fasteners and tools, industrial and precision machinery, as well as measuring and control equipment. The Company operates in three business segments. The Fastener segment offers precision screw parts, special cold-headed parts and industrial fasteners. The Industrial Machinery segment offers automatic assembly systems, including free cycle conveyors, automatic screw fastening machines, automatic rivet caulking machines, assembly robots and other industrial machinery. The Control segment offers flow meters, high performance inspection sorting equipment, automatic penetration testing machine for geological survey, micro bubble washing equipment.
NITTOSEIKO CO.,LTD. 
