Nikki Co., Ltd. Announces Earnings Guidance for the Fourth Quarter Ending March 31, 2023
January 31, 2023 at 01:00 am EST
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Nikki Co., Ltd. announced earnings guidance for the fourth quarter ending MArch 31, 2023. FOr the quarter, the company expected Net sales to be JPY 8,400 million Operating profit to be JPY 920 million Profit attributable to owners of parent to be JPY 670 million Basic earnings per share (Yen) to be JPY 349.06.
NIKKI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of equipment for automobiles, gas and multipurpose applications, as well as the real estate business. The Company operates in four business segments. The Gas Equipment segment is engaged in the manufacture and sale of electronic control units (ECU), injectors, injection systems, mixing equipment, vaporizers and regulators. The Multipurpose Equipment segment is engaged in the manufacture and sale of agricultural and industrial multipurpose carburetors, carburetors for marine vessels, and injection systems for two-wheeled vehicles. The Automobile Equipment segment is engaged in the manufacture and sale of throttle bodies, carburetors, accelerator wire units and actuators. The Real Estate Leasing segment is engaged in the leasing of real estate properties.