Nikki Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
October 31, 2022 at 02:00 am EDT
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Nikki Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. The company expects net sales to be JPY 8,300 million, Operating profit to be JPY 760 million, profit attributable to owners of parent to be JPY 450 million or JPY 234.70 per basic share.
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.