Nikki Co., Ltd. Provides Consolidated Earnings Guidance for the Half Year Ending September 2023 and Fiscal Year Ending March 31, 2024
May 15, 2023 at 02:00 am EDT
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Nikki Co., Ltd. provided consolidated earnings guidance for the half year ending September 2023 and fiscal year ending March 31, 2024. For the half year ending September 2023, the company expects net sales of JPY 4,000 million, operating profit of JPY 400 million, profit attributable to owners of parent of JPY 300 million and basic earnings per share of JPY 157.03.
For the fiscal year ending March 31, 2024, the company expects net sales of JPY 8,100 million, operating profit of JPY 800 million, profit attributable to owners of parent of JPY 500 million and basic earnings per share of JPY 261.72.
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.
NIKKI CO., LTD. 
