Daiki Axis Announces Consolidated Earnings Results for the Fiscal Year Ended December 31, 2017; Provides Consolidated Earnings Guidance for Fiscal Year Ending December 31, 2018
February 23, 2018 at 09:30 am
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Daiki Axis announced consolidated earnings results for the fiscal year ended December 31, 2017. During the fiscal year ended December 31, 2017, the company generated net sales of JPY 33,561 million (up 2.3% year over year), operating income of JPY 1,143 million (up 22.8% year over year) and ordinary income of JPY 1,342 million (up 18.2% year over year). Profit attributable to owners of parent was JPY 744 million (down 14.8% year over year).
Fiscal 2018 marks the final year to the V-PLAN60 medium-term management plan. Under this plan, the Company will work to enhance corporate value. For the fiscal year ending December 31, 2018, the company forecasts consolidated net income of JPY 35.6 billion, ordinary income of JPY 1.5 billion, and profit attributable to owners of parent of JPY 1.0 billion.
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.
Daiki Axis Announces Consolidated Earnings Results for the Fiscal Year Ended December 31, 2017; Provides Consolidated Earnings Guidance for Fiscal Year Ending December 31, 2018
DAIKI AXIS CO., LTD. 
