Nikko Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2021
May 14, 2021
Share
Nikko Co., Ltd. reported consolidated earnings results for the year ended March 31, 2021. For the year, the company reported net sales of JPY 35,151 million against JPY 37,866 million a year ago. Operating income was JPY 2,302 million against JPY 2,053 million a year ago. Net income attributable to owners of parent was JPY 2,082 million against JPY 1,588 million a year ago. Net income per share was JPY 54.31 against JPY 41.17 a year ago.
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.