Ad-Sol Nissin Corporation Announces Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending Sept. 2017 and Fiscal Year Ending March 2018
August 08, 2017 at 10:47 am
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Ad-sol Nissin Corporation announced non-consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, net sales were JPY 2,718 million compared to JPY 2,685 million a year ago. Operating income was JPY 181 million compared to JPY 225 million a year ago. Ordinary income was JPY 186 million compared to JPY 225 million a year ago. Net income was JPY 125 million compared to JPY 154 million a year ago. Diluted net income per share was JPY 13.44 compared to JPY 16.94 a year ago.
The company provided earnings guidance for the six months ending Sept. 2017 and fiscal year ending March 2018. For the six months ending Sept. 2017, the company expects net sales of JPY 5,570 million, operating income of JPY 322 million, ordinary income of JPY 327 million, net income of JPY 194 million, and net income per share of JPY 21.70.
For the fiscal year ending March 2018, the company expects net sales of JPY 11,700 million, operating income of JPY 800 million, ordinary income of JPY 808 million, net income of JPY 470 million, and net income per share of JPY 52.32.
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 Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending Sept. 2017 and Fiscal Year Ending March 2018
AD-SOL NISSIN CORPORATION 
