Nabtesco Corporation Announces Consolidated Earnings Results for the Period Ended September 30, 2016; Provides Earnings Guidance for the Year Ending December 2016
October 31, 2016 at 12:00 pm EDT
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Nabtesco Corporation announced consolidated earnings results for the period ended September 30, 2016. For the period, the company's net sales were JPY 176,246 million, operating income was JPY 16,804 million, ordinary income was JPY 16,224 million and Profit attributable to owners of parent was JPY 12,453 million or JPY 100.70 per diluted share.
For the year ending December 2016, the company expects net sales of JPY 245,000 million, operating income of JPY 22,300 million, ordinary income of JPY 21,900 million and profit attributable to owners of parent was JPY 16,000 million or JPY 16,000 basic per share.
Nabtesco Corporation is a Japan-based company engaged in the component solution business, transport solution business and accessibility solution business. The Company operates through three segments. The Component Solutions segment is engaged in the design, manufacture, sale, maintenance and repair of industrial robot parts and construction equipment. The Transport Solution segment is engaged in the design, manufacture, sale, maintenance and repair of railway vehicles brake and automatic door devices, aircraft parts, marine control devices and related parts. The Accessibility Solution segment is engaged in the design, manufacture, sale, installation, maintenance and repair of automatic door devices for buildings and general industries, platform safety equipment and related parts. The Company is also engaged in the design, manufacture, sale, maintenance and repair of packaging machines, machine tools, forging machines, and other general industrial machines.
Nabtesco Corporation Announces Consolidated Earnings Results for the Period Ended September 30, 2016; Provides Earnings Guidance for the Year Ending December 2016
NABTESCO CORPORATION 
