NSD Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for Fiscal Year Ended March 2018
January 29, 2018
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NSD Co., Ltd. reported earnings results for the third quarter ended December 31, 2017. For the quarter, the company reported net sales were JPY 43,143 million compared to JPY 40,597 million a year ago. Operating income was JPY 5,687 million compared to JPY 4,812 million a year ago. Ordinary income was JPY 5,867 million compared to JPY 4,954 million a year ago. Net income attributable to the owners of the parent was JPY 3,835 million compared to JPY 3,052 a year ago. Net income per share was JPY 90.46 compared with JPY 71.07 a year ago.
For the fiscal year ended March 2018, the company expects net sales to be JPY 58,270 million and operating income to be JPY 7,790 million, ordinary income of JPY 7,950 million and net income attributable to the owners of the parent to be JPY 5,220 million, net income per share of JPY 123.25.
NSD Co Ltd is a Japan-based company primarily engaged in the system development business and solution business. The Company operates in four business segments. The System Development segment (financial information technology (IT)) provides software development, system consulting, and other services to banks, insurance companies, securities companies, and other financial institutions. The Systems Development segment (industrial and social infrastructure IT) provides software development, systems consulting, and other services to companies in the manufacturing, telecommunications, transportation, and other industries, as well as to public organizations. The System Development segment (IT infrastructure) provides services such as IT infrastructure and network construction, system consulting, and system maintenance and operation. The Solutions segment provides solutions by offering system-based services and selling system products.
NSD Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for Fiscal Year Ended March 2018