Nikko Co., Ltd. Provides Earnings Guidance for the Second Half and Full Year Ending March 31, 2021
August 06, 2020
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Nikko Co., Ltd. provided earnings guidance for the second half and full year ending March 31, 2021. For the first half, the company expects net sales to be JPY 18,500 million, operating income to be JPY 1,100 million, net income attributable to owners of parent to be JPY 1,050 million and net income per share to be JPY 27.21.
For the full year, the company expects net sales to be JPY 36,500 million, operating income to be JPY 2,200 million, net income attributable to owners of parent to be JPY 1,850 million and net income per share to be JPY 47.94.
NIKKO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of asphalt plants, concrete plants, as well as environment and transport machinery. The Company operates in three business segments. Asphalt Plant-Related Business segment produces asphalt plants, recycling plants, as well as compound silos, among others. Concrete Plant-Related Business segment produces concrete plants, concrete pumps, as well as factory equipment for concrete product production, among others. Environment and Transportation Related Businesses segment produces environment and recycling plants, conveyor systems. The Company is also involved in the manufacture of pipe frame scaffolds, steel road boards, pipe supports, small concrete mixers, mortar mixers, sluice gates, crushers, among others, as well as the sale of real estate leasing and home renovation.
NIKKO CO., LTD. 
