Nikkiso Co. Ltd. Reports Consolidated Earnings Results for the Three Months Ended March 31, 2017; Provides Earnings Guidance for the Six Months Ending Jun. 30, 2017 and the Fiscal Year Ending December 31, 2017; Provides Dividend Guidance for the Six Months Ending Jun. 30, 2017 and the Fiscal Year Ending December 31, 2017
May 11, 2017
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Nikkiso Co. Ltd. reported consolidated earnings results for the three months ended March 31, 2017. For the quarter, the company reported net sales of JPY 29,929 million against JPY 30,858 million a year ago. Operating income was JPY 552 million against JPY 673 million a year ago. Ordinary income was JPY 263 million against loss of JPY 374 million a year ago. Profit attributable to owners of parent was JPY 75 million against loss of JPY 356 million a year ago. Net income per diluted share was JPY 0.93 against loss per basic share of JPY 4.62 a year ago. Profit before income tax JPY 305 million compared to loss before income taxes of JPY 299 million a year ago.
The company provided earnings guidance for the six months ending Jun. 30, 2017 and the fiscal year ending December 31, 2017. For the six months ending Jun. 30, 2017, the company expects net sales of JPY 68,000 million, operating income of JPY 1,400 million, ordinary income of JPY 1,300 million, net income of JPY 1,400 million and net income per share of JPY 19.68.
For the fiscal year ending December 31, 2017, the company expects net sales of JPY 140,000 million, operating income of JPY 6,000 million, ordinary income of JPY 5,500 million, net income of JPY 4,500 million and net income per share of JPY 63.25.
The company provided dividend guidance for the six months ending Jun. 30, 2017. The company expects dividend per share of JPY 8.00 against JPY 8.00 a year ago.
For the fiscal year end December 31, 2017, the company expects year-end dividend per share of JPY 8.00 against JPY 8.00 a year ago.
NIKKISO CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of industrial pumps, precision equipment and blood related products, among others. The Company operates in two business segments. Industrial Business segment conducts industrial business including the manufacture, sale and maintenance of industrial special pumps, as well as liquefied gas & industrial gas related equipment and devices. The Segment is also involved in precision equipment business, aerospace business and deep ultraviolet light emitting diode (LED) business. Medical Business segmentâs products are dialysis-related products including hemodialysis and peritoneal dialysis, such as artificial dialysis machines, dialyzers, blood circuits, and powder-type dialysis agents. The Segment also manufactures, sells and maintains products and medicines related to CRRT (acute blood purification therapy), artificial pancreas devices that manage blood glucose, and energy devices for microwave surgery.
Nikkiso Co. Ltd. Reports Consolidated Earnings Results for the Three Months Ended March 31, 2017; Provides Earnings Guidance for the Six Months Ending Jun. 30, 2017 and the Fiscal Year Ending December 31, 2017; Provides Dividend Guidance for the Six Months Ending Jun. 30, 2017 and the Fiscal Year Ending December 31, 2017