Nihon Seimitsu Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Full Year Fiscal 2019
November 05, 2018 at 10:38 am
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Nihon Seimitsu Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2018. For the six months, the company reported net sales of JPY 3,692 million against JPY 3,715 million a year ago. Operating loss was JPY 81 million against profit of JPY 3 million a year ago. Net loss attributable to owners of parent was JPY 38 million against profit of JPY 114 million a year ago. Net loss per share was JPY 2.05 against profit of JPY 6.16 a year ago.
For the full year fiscal 2019, on consolidated basis, the company expects net sales to be JPY 7,576 million, operating income to be JPY 101 million, net income attributable to owners of parent to be JPY 16 million, net income per share to be JPY 0.91.
Nihon Seimitsu Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of watch-related products and glasses frames. The Company operates in three business segments. The Watch-related segment is engaged in the manufacture and sale of watch external products such as watch bands and bezels made of urethane, titanium and ceramic. The Glasses Frames segment is engaged in the manufactures and sale of titanium products, as well as the purchases and sale of cell frames. The Others segment is engaged in the manufacture and sale of fishing equipment parts, health equipment, static elimination equipment, audio equipment parts, wearable related products, deodorants and others.
Nihon Seimitsu Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Full Year Fiscal 2019
NIHON SEIMITSU CO., LTD. 
