Nadex Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending April 30, 2021
March 09, 2021 at 01:10 am EST
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Nadex Co., Ltd. provides consolidated earnings guidance for the full year ending April 30, 2021. For the period, the company expects net sales to be ¥30,300 million, operating profit to be ¥355 million, ordinary profit to be ¥545 million, profit attributable to owners of parent to be ¥335 million or ¥36.12 per basic share.
NADEX CO., LTD. is a Japan-based company mainly engaged in manufacturing and sales of electronics components, sales of industrial machinery, factory automation (FA) system business and welding solution business of resistance welding equipment. The Company operates in four segments: Japan segment, the Americas segment, China segment and Thai segment. The Companyâs welding equipment & materials business includes resistance welding, arc welding, laser and industrial robots, etc. The factory automation business includes automatic and labor-saving car parts manufacturing facilities, electronic devices, manufacturing facilities, inspection and meters. The electronic control equipment business includes electronics, control components and equipment, power supply modules. The information technology (IT) solutions include manufacturing execution system (MES) solutions, equipment management solutions, energy management solutions and image inspection solutions, etc.