Nikki Co., Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2020
July 31, 2020 at 02:00 am
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Nikki Co., Ltd. reported earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of JPY 1,651 million against JPY 2,055 million a year ago. Operating loss was JPY 24 million against operating profit of JPY 172 million a year ago. loss attributable to owners of parent was JPY 48 million or JPY 25.55 per basic share against Profit attributable to owners of parent of JPY 74 million or JPY 39.40 per basic share 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.
NIKKI CO., LTD. 
