Nadex Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended January 31, 2021
March 09, 2021 at 01:10 am EST
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Nadex Co., Ltd. reported consolidated earnings results for the nine months ended January 31, 2021. For the period, the company reported net sales of ¥23,132 million, operating profit was ¥494 million, ordinary profit was ¥679 million, profit attributable to owners of parent was ¥448 million or ¥48.38 per basic share against net sales of ¥22,537 million, operating profit was ¥743 million, ordinary profit was ¥819 million, profit attributable to owners of parent was ¥496 million or ¥53.67 per basic share a year ago.
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.