Nikki Co., Ltd. Reports Consolidated Financial Results for the Nine Months Ended Dec. 2020
January 29, 2021 at 01:00 am
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Nikki Co., Ltd. reported consolidated financial results for the nine months ended Dec. 2020. For the nine months, the company reported net sales of ¥4,230 million against ¥5,751 million for the same period of last year. Operating profit was ¥30 million against ¥519 million for the same period of last year. Loss attributable to owners of parent was ¥181 million against profit of ¥398 million for the same period of last year. Basic loss per share was ¥95.46 against earnings per share of ¥210.81 for the same period of last year.
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.