NS Tool Co., Ltd. Announces Consolidated Financial Results for the Nine Months Ended December 31, 2016; Provides Financial Results Guidance for the Year Ending March 31, 2017
January 31, 2017 at 11:48 am
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NS Tool Co., Ltd. announced consolidated financial results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 6,593 million as compared to JPY 6,329 million for the same period last year. Operating income was JPY 1,578 million as compared to JPY 1,498 million for the same period last year. Ordinary income was JPY 1,577 million as compared to JPY 1,534 million for the same period last year. Net income attributable to owners of parents was JPY 1,069 million as compared to JPY 1,021 million for the same period last year. Net income per share was JPY 85.53 as compared to JPY 81.66 for the same period last year. Net assets per share was JPY 823.02.
The company provided financial results guidance for the year ending March 31, 2017. The company expects net sales of JPY 8,480 million, operating income of JPY 1,940 million, ordinary income of JPY 1,980 million, net income attributable to owners of parents of JPY 1,350 million and net income per share of JPY 107.97.
NS Tool Co Ltd is a Japan-based company mainly engaged in the production and sale of end mills, which are cutting tools that are attached to machining centers (machine tools) to process metals. The Company operates in two business segments. End Mill segment is engaged in the manufacture and sale of cutting tools centering on carbide small-diameter end mills. Others segment is engaged in the manufacture and sale of plastic moldings focusing on tool cases. The product sizes include end mill (6mm or less), end mill (over 6mm), and end mill (others).
NS Tool Co., Ltd. Announces Consolidated Financial Results for the Nine Months Ended December 31, 2016; Provides Financial Results Guidance for the Year Ending March 31, 2017
NS TOOL CO., LTD. 
