Nikki Co., Ltd. Provides Earnings Guidance for the Year Ending September 2020 and Full Year Ending March 2021
July 31, 2020 at 11:30 am IST
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Nikki Co., Ltd. provided earnings guidance for the year ending September 2019 and full year ending March 2020. For the year ending September 2020, the company expects net sales of JPY 3,000 million, operating loss of JPY 320 million, loss attributable to owners of parent of JPY 90 million or JPY 47.63 per basic share.
For the year ending March 2021, the company expects net sales of JPY 6,400 million, operating profit of JPY 85 million, profit attributable to owners of parent of JPY 10 million or JPY 5.29 per basic 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.