Ad-Sol Nissin Corporation Announces Earnings Results for the Fiscal Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2020
May 09, 2019 at 03:27 pm
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Ad-Sol Nissin Corporation announced non consolidated earnings results for the fiscal year ended March 31, 2019. For the year, the company reported net sales of JPY 12,194 million against JPY 10,997 million for the same period a year ago. Operating income was JPY 1,012 million against JPY 832 million for the same period a year ago. Net income was JPY 687 million against JPY 553 million for the same period a year ago. Net income per share was JPY 75.90 against JPY 61.31 for the same period a year ago. Net income per diluted share was JPY 74.12 against JPY 59.32 for the same period a year ago.
The company provided earnings guidance for the six months and full year of fiscal year ending March 31, 2020. For the six months, the company expects net sales of JPY 6,121 million, operating income of JPY 537 million, net income of JPY 368 million and net income per share of JPY 40.39.
For the year, the company expects net sales of JPY 12,600 million, operating income of JPY 1,100 million, net income of JPY 703 million and net income per share of JPY 77.14.
Ad-Sol Nissin Corporation is primarily engaged in development of information systems and provision of solutions. The Company operates in two segments. The Social System segment provides total solutions for device control and credit related to social infrastructures such as core systems of social infrastructure companies, energy (electricity, gas), railway, aviation, communications, disaster prevention, plant, geographical information and others. The IoT system segment, based on OS kernel technology, device and driver development, the Company develops embedded software that combines know-how and security, provides solutions in fields such as electric communication, security and consulting, short distance wireless communication, location information and others, centering on security, energy, environment, medical care, factory and others.
Ad-Sol Nissin Corporation Announces Earnings Results for the Fiscal Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2020
AD-SOL NISSIN CORPORATION 
