Nihon Parkerizing Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
August 07, 2020 at 10:30 am IST
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Nihon Parkerizing Co., Ltd. provided consolidated earnings guidance for the full year ending March 31, 2021. For the full year, the company expects to report net sales of JPY 93,000 million, operating income of JPY 5,500 million, ordinary income of JPY 8,500 million and net income attributable to parent company shareholders of JPY 5,000 million or JPY 42.27 per share.
Nihon Parkerizing Co., Ltd. is a Japan-based manufacturer of chemical agents and equipment. The Company operates in three business segments. The Chemical Agents segment manufactures and sells metal surface treatment chemicals, anti-rust oil, rolling mill lubricant, coating materials, electroless nickel plating and industrial detergents. The Equipment segment manufactures and sells metal surface treatment equipment and coating equipment. The Processing segment is engaged in the provision of anti-rust processing service and heat treatment processing service. The Company is also involved in the maintenance work of buildings, the manufacture and sale of metal specimen plates, the management and leasing of real estates.