Nikki Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 15, 2023 at 02:00 am EDT
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Nikki Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 8,802 million. Net income was JPY 878 million.
Basic earnings per share from continuing operations was JPY 459.69.
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.