Nikki Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 2020
October 30, 2020 at 02:00 am
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Nikki Co., Ltd. announced consolidated earnings results for the second quarter ended September 2020. For the quarter, the company’s net sales were JPY 2,814 million against JPY 4,126 million a year ago. Operating loss was JPY 144 million against operating income of JPY 402 million a year ago. Loss attributable to owners of parent was JPY 172 million against profit of JPY 270 million a year ago. Basic loss per share was JPY 90.94 against basic earnings per share of JPY 143.37 a year ago.
NIKKI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of equipment for automobiles, gas and multipurpose applications, as well as the real estate business. The Company operates in four business segments. The Gas Equipment segment is engaged in the manufacture and sale of electronic control units (ECU), injectors, injection systems, mixing equipment, vaporizers and regulators. The Multipurpose Equipment segment is engaged in the manufacture and sale of agricultural and industrial multipurpose carburetors, carburetors for marine vessels, and injection systems for two-wheeled vehicles. The Automobile Equipment segment is engaged in the manufacture and sale of throttle bodies, carburetors, accelerator wire units and actuators. The Real Estate Leasing segment is engaged in the leasing of real estate properties.