DaikyoNishikawa Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
February 06, 2018
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DaikyoNishikawa Corporation announced consolidated financial results for the nine months ended December 31, 2017. For the nine months, the company reported net sales were JPY 126,584 million against JPY 114,161 million a year ago. Operating income was JPY 14,127 million against JPY 11,618 million a year ago. Ordinary income was JPY 14,710 million against JPY 11,156 million a year ago. Profit attributable to owners of the parent was JPY 10,004 million against JPY 8,190 million a year ago. Diluted net income per share was JPY 141.17 against JPY 110.82 a year ago.
For the year ending Mar. 31, 2018, the company expects, net sales of JPY 167,000 million, operating income of JPY 16,700 million, Ordinary income of JPY 17,300 million and profit attributable to owners of the parent of JPY 11,800 million or JPY 166.56 per diluted share.
DaikyoNishikawa Corp is engaged in the manufacture and sale of automotive resin parts. The Company operates in four geographical segments: Japan, China & Korea, ASEAN, Central America & North America. The Company purchases raw materials and manufacturers automobile equipment such as instrument panels and bumpers, and housing equipment such as bus unit members. The Japan segment has two divisions. The automobile parts manufacture division is involved in the provision of automobile resin parts, the development of production equipment and jigs, and the design and manufacture of molding dies and precision jigs. The others division is involved in the provision of housing equipment, the life insurance and non-life insurance agency business. Other segments are also involved in the design and technical services for automobile parts and staffing business, in addition to the provision of resin parts for automobiles.
DaikyoNishikawa Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
DAIKYONISHIKAWA CORPORATION 
