Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2018; Provides Earnings Guidance for the Six Months Ending March 31, 2019 and Full Year of Fiscal 2019
November 07, 2018
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Nishio Rent All Co., Ltd. reported consolidated earnings results for the year ended September 30, 2018. For the year, the company's net sales were JPY 136,682 million compared to JPY 123,538 million a year ago. Operating profit was JPY 14,770 million compared to JPY 11,121 million a year ago. Ordinary profit was JPY 14,489 million compared to JPY 11,017 million a year ago. Profit attributable to owners of the parent was JPY 9,323 million compared to JPY 7,171 million a year ago. Diluted earnings per share were JPY 345.75 compared to JPY 275.55 a year ago. Profit before income taxes was JPY 14,382 million compared to JPY 10,996 million a year ago. Profit was JPY 9,752 million compared to JPY 7,380 million a year ago.
The company provided earnings guidance for the six months ending March 31, 2019 and full year of fiscal 2019. For the six months ending March 31, 2019, the company expects net sales of JPY 78,200 million, operating profit of JPY 9,690 million, ordinary profit of JPY 9,400 million, profit attributable to owners of parent of JPY 5,850 million and earnings per share of JPY 208.68.
For the year ending September 30, 2019, the company expects net sales of JPY 147,860 million, operating profit of JPY 15,880 million, ordinary profit of JPY 15,500 million, profit attributable to owners of parent of JPY 9,600 million and earnings per share of JPY 342.45.
Nishio Holdings Co Ltd is a Japan-based company mainly engaged in the rental of construction and facility construction equipment, such as civil engineering and road machinery, aerial work machinery, construction machinery, surveying equipment, as well as related equipment for events, and other related businesses. The Rental-related business segment is engaged in the rental and construction of construction equipment, track construction equipment, contaminated soil and contaminated water treatment equipment, muddy water treatment equipment, tunnel and dam construction machinery, event equipment, and photography props, as well as electrical equipment work, electrical wiring work, and operation work for construction machinery and transport business. In addition, the Company is also engaged in the manufacture of tacks and screws, and construction equipment, as well as insurance and real estate leasing business.
Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2018; Provides Earnings Guidance for the Six Months Ending March 31, 2019 and Full Year of Fiscal 2019