Nittoku Engineering Co.,Ltd. Announces Consolidated Financial Results for the First Quarter Ended September 30, 2012; Provides Earnings Guidance for the First Half of Fiscal 2013 and for the Year Ending March 31, 2013; Provides Dividend Guidance for the First Half of Fiscal 2013 and for the Year Ending March 31, 2013
August 03, 2012
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Nittoku Engineering Co.,Ltd. announced consolidated financial results for the first quarter ended September 30, 2012. For the quarter, the company reported net sales of ¥4,920 million against ¥5,086 million a year ago. Operating income was ¥760 million against ¥826 million a year ago. Ordinary income was ¥793 million against ¥855 million a year ago. Net income was ¥466 million or ¥25.8 per share against ¥557 million or ¥33.05 per diluted share a year ago. Income before income taxes and minority interests was ¥724.044 million against ¥852.436 million a year ago. Income before minority interests was ¥465.705 million against ¥558.125 million a year ago.
For the first half of fiscal 2013, the company expects net sales of ¥11 billion, operating income of ¥2.05 billion, ordinary income of ¥2.1 billion, net income of ¥1.370 billion or ¥75.82 per share.
The company expects net sales of ¥20.5 billion, operating income of ¥3.7 billion, ordinary income of ¥3.8 billion, net income of ¥2.30 billion or ¥127.29 per share for the year ending March 31, 2013.
The company expects to pay a dividend of ¥10 for the second quarter and ¥18 for the year ending March 31, 2013.
NITTOKU CO., LTD., formerly NITTOKU ENGINEERING CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of coil winding machines. The Company operates in two business segments. The Winding Systems and Mechatronics segment is involved in the manufacture, sale and maintenance of coil winding machines, coil winding systems and peripheral systems, winding and conveyance equipment of various films, and special wire winding equipment and rewinders, which are used for electronic parts, automobiles, communications equipment, audio-visuals, office automation (OA) machines, as well as appliance and precision equipment. The Non-contact Integrated Circuit (IC) Card segment manufactures and sells embedded antenna winding coil-winding and IC chip module junction line-based IC tags, peripheral equipment and systems.
Nittoku Engineering Co.,Ltd. Announces Consolidated Financial Results for the First Quarter Ended September 30, 2012; Provides Earnings Guidance for the First Half of Fiscal 2013 and for the Year Ending March 31, 2013; Provides Dividend Guidance for the First Half of Fiscal 2013 and for the Year Ending March 31, 2013
NITTOKU CO.,LTD. 
