Nihon Seimitsu Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
November 02, 2017 at 12:46 pm
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Nihon Seimitsu Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company's net sales were ¥3,715 million, operating loss of ¥3 million, profit attributable to owners of parent of ¥114 million, earnings per share of ¥6.16 against net sales of ¥4,182 million, operating income of ¥215 million, loss attributable to owners of parent of ¥226 million, loss per share of ¥12.25 a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥8,527 million, operating income of ¥77 million, ordinary income of ¥6 million, profit attributable to owners of parent of ¥351 million, and earnings per share of ¥18.91.
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. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
NIHON SEIMITSU CO., LTD. 
