Nitto Kogyo Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Year Ending March 31, 2022
May 13, 2021 at 03:20 am
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Nitto Kogyo Corporation provided consolidated and non-consolidated earnings guidance for the six months ending September 30, 2021 and for the year ending March 31, 2022. For the six months ending September 30, 2021, on consolidated basis, the company expects net sales of JPY 61,300 million, operating profit of JPY 2,900 million, profit attributable to owners of parent of JPY 1,800 million or JPY 44.49 per basic share.
For the year ending March 31, 2021, on consolidated basis, the company expects net sales of JPY 136,000 million, operating profit of JPY 9,500 million, profit attributable to owners of parent of JPY 6,600 million or JPY 163.12 per basic share.
For the six months ending September 30, 2021, on non-consolidated basis, the company expects net sales of JPY 32,300 million, operating profit of JPY 1,900 million, profit of JPY 2,200 million or JPY 54.37 per basic share.
For the year ending March 31, 2022, on non-consolidated basis, the company expects net sales of JPY 71,500 million, operating profit of JPY 6,600 million, profit of JPY 5,600 million or JPY 138.40 per basic share.
NITTO KOGYO CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of switchboard-related products, as well as the purchase and sale of information and communication equipment. The Company operates in three business segments. The Switchboard-related segment manufactures and sells switchboards, cabinets, breakers, switches and parts, among others. The Information and Communication related Distribution segment purchases and sells information communication equipment and other materials. The Works and Services segment is engaged in the construction of electrical equipment and network systems, and the provision of maintenance service.
Nitto Kogyo Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Year Ending March 31, 2022