Nitto Kogyo Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the Fiscal First Half Ending September 30, 2024 and Full Year Ending March 31, 2025
May 15, 2024 at 12:10 pm IST
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Nitto Kogyo Corporation provided consolidated and non consolidated earnings guidance for the fiscal first half ending September 30, 2024 and full year ending March 31, 2025. For the first half, on consolidated basis, the company expects net sales to be JPY 83,000 million, operating profit to be JPY 4,700 million, profit attributable to owners of parent to be JPY 4,500 million or basic earnings per share to be JPY 118.64.
For the year, on consolidated basis, the company expects net sales to be JPY 180,000 million, operating profit to be JPY 12,500 million, profit attributable to owners of parent to be JPY 9,700 million or basic earnings per share to be JPY 255.73.
For the first half, on non-consolidated basis, the company expects net sales to be JPY 41,500 million, operating profit to be JPY 3,000 million, net income to be JPY 3,000 million or basic earnings per share to be JPY 79.09.
For the year, on non-consolidated basis, the company expects net sales to be JPY 90,000 million, operating profit to be JPY 8,500 million, net income to be JPY 6,700 million or basic earnings per share to be JPY 176.64.
NITTO KOGYO CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of switchboard-related products, as well as the purchase and sale of information and communication equipment. The Company operates in three business segments. The Switchboard-related segment manufactures and sells switchboards, cabinets, breakers, switches and parts, among others. The Information and Communication related Distribution segment purchases and sells information communication equipment and other materials. The Works and Services segment is engaged in the construction of electrical equipment and network systems, and the provision of maintenance service.
Nitto Kogyo Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the Fiscal First Half Ending September 30, 2024 and Full Year Ending March 31, 2025