Nikki Co., Ltd. Provides Dividend Guidance for the Full Year Ending March 31, 2017; Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2017
January 31, 2017 at 08:30 pm IST
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Nikki Co., Ltd. provided year-end dividend guidance for the full year ending March 31, 2017. The company expects to pay year-end dividend of JPY 13.00 per share compared to JPY 13.00 per share paid a year ago.
The company announced consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported net sales of JPY 5,961 million against JPY 6,693 million a year ago. Operating income was JPY 390 million against JPY 696 million a year ago. Ordinary income was JPY 510 million against JPY 694 million a year ago. Profit attributable to owners of parent was JPY 394 million against JPY 466 million a year ago. Basic earnings per share was JPY 42.09 against JPY 49.76 a year ago. Net assets per share were JPY 670.24 compared to JPY 659.03 a year ago.
For the fourth quarter ending March 31, 2017, on consolidated basis, the company expects net sales of JPY 8,050 million, operating income of JPY 420 million, ordinary income of JPY 460 million, profit attributable to owners of parent of JPY 320 million or JPY 34.14 per share.
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.
Nikki Co., Ltd. Provides Dividend Guidance for the Full Year Ending March 31, 2017; Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2017
NIKKI CO., LTD. 
