Nikkon Holdings Co., Ltd. Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2021
August 16, 2020 at 09:00 pm EDT
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Nikkon Holdings Co., Ltd. provided earnings guidance for the six months and full year of fiscal year ending March 31, 2021. For the six months, the company expects net sales of JPY 90,000 million, operating profit of JPY 7,000 million and profit attributable to owners of parent of JPY 5,200 million or JPY 79.11 per share.
For the year, the company expects net sales of JPY 200,000 million, operating profit of JPY 20,000 million and profit attributable to owners of parent of JPY 14,500 million or JPY 220.59 per share.
NIKKON Holdings Co., Ltd. mainly conducts transportation business, warehouse business, packing business, test business and others. The Company operates in four business segments. The Transportation segment is engaged in the transportation of four-wheeled vehicles, two-wheeled vehicles, automobile parts, housing equipment and agricultural machinery, among others. The Warehouse segment is engaged in the storage of four-wheeled vehicles, two-wheeled vehicles, automobile parts, housing equipment and agricultural machinery, among others. The Packing segment is engaged in the distributive processing, delivery and packing of cargoes. The Test segment is involved in the test of four-wheeled vehicles, two-wheeled vehicles, automobile parts, housing equipment and agricultural machinery, among others. The others businesses include the clearance of customs, the repair of vehicles, the sale of petrochemical products, the non-life insurance agency business and others.