Daiki Axis Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2018; Revises to Earnings Forecasts for the Fiscal Year Ending December 31, 2018
November 20, 2018 at 08:00 pm IST
Share
Daiki Axis Co. Ltd. announced consolidated earnings results for the nine months ended September 30, 2018. The company reported net sales of JPY 25,477 million. Operating income was JPY 446 million. Profit attributable to owners of parent was JPY 511 million.
The company provided revisions to earnings forecasts for the fiscal year ending December 31, 2018. For the year, the company expects net sales of JPY 35,600 million, operating income of JPY 900 million, ordinary income of JPY 1,030 million, and profit attributable to owners of parent of JPY 960 million. The projected amount of net sales is unchanged from previously announced figure, but forecasts for income have been revised downward.
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.
Daiki Axis Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2018; Revises to Earnings Forecasts for the Fiscal Year Ending December 31, 2018
DAIKI AXIS CO., LTD. 
