Nikko Co. reported consolidated earnings results for the first quarter ended June 30, 2012. For the quarter, the company reported net sales of JPY 3,869 million compared to JPY 4,422 million a year ago. Operating loss was JPY 241 million compared to operating income of JPY 22 million a year ago. Ordinary loss was JPY 243 million compared to ordinary income of JPY 26 million a year ago. Net loss was JPY 289 million compared to net income of JPY 247 million a year ago. Net loss per share was JPY 15.48 compared to net income per share of JPY 13.22 a year ago. Loss before income taxes was JPY 275 million compared to income before income taxes of JPY 259 million a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2013. For the year, the company expects net sales of JPY 17,500 million, operating loss of JPY 330 million, ordinary loss of JPY 350 million, net loss of JPY 450 million and net loss per share of JPY 24.02.