Nikki Co., Ltd. Announces Earnings Results for the First Quarter Ended June 2021
July 30, 2021 at 11:30 am IST
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Nikki Co., Ltd. announced earnings results for the first quarter ended June 2021. For the quarter, the company reported net sales of JPY 1,889 million against JPY 1,651 million a year ago. Operating profit was JPY 277 million loss of JPY 24 million a year ago. Profit attributable to owners of parent was JPY 226 million against loss of JPY 48 million a year ago. Basic earnings per share of JPY 118.92 against loss of JPY 25.55 per share a year ago.
NIKKI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of equipment for automobiles, gas and multipurpose applications, as well as the real estate business. The Company operates in four business segments. The Gas Equipment segment is engaged in the manufacture and sale of electronic control units (ECU), injectors, injection systems, mixing equipment, vaporizers and regulators. The Multipurpose Equipment segment is engaged in the manufacture and sale of agricultural and industrial multipurpose carburetors, carburetors for marine vessels, and injection systems for two-wheeled vehicles. The Automobile Equipment segment is engaged in the manufacture and sale of throttle bodies, carburetors, accelerator wire units and actuators. The Real Estate Leasing segment is engaged in the leasing of real estate properties.