DaikyoNishikawa Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Full Year Ending March 31, 2020
August 06, 2019
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DaikyoNishikawa Corporation reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, on consolidated basis, net sales were JPY 49,644 million against JPY 44,821 million a year ago. Operating income was JPY 3,175 million against JPY 3,832 million a year ago. Profit attributable to owners of the parent was JPY 2,338 million against JPY 2,809 million a year ago. Basic net income per share was JPY 33.00 against JPY 33.00 a year ago. Diluted net income per share was JPY 32.98 against JPY 39.63 a year ago.
For the six months ending September 30, 2019, on consolidated basis, the company expects net sales of JPY 97,000 million, operating income of JPY 5,600 million, profit attributable to owners of the parent of JPY 4,000 million or JPY 56.45 per share.
For the year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 193,000 million, operating income of JPY 10,600 million, profit attributable to owners of the parent of JPY 6,900 million or JPY 97.38 per 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 Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Full Year Ending March 31, 2020
DAIKYONISHIKAWA CORPORATION 
