Nittoseiko Co.,Ltd. Reports Consolidated Financial Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 04:00 am EDT
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Nittoseiko Co.,Ltd. reported consolidated financial results for the first quarter ended March 31, 2021. For the period, net sales were JPY 9,684 million against JPY 8,149 million a year ago. Operating profit was JPY 668 million against JPY 394 million a year ago. Profit was JPY 595.257 million against JPY 250.911 million a year ago. Earnings per share was JPY 12.19 against JPY 6.17 a year ago.
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. 
