Ad-Sol Nissin Corporation Announces Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
February 06, 2020 at 02:54 pm
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Ad-Sol Nissin Corporation announced non-consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 9,872 million against JPY 8,946 million a year ago. Operating income was JPY 954 million against JPY 793 million a year ago. Ordinary income was JPY 967 million against JPY 786 million a year ago. Net income was JPY 668 million against JPY 544 million a year ago. Net income per share was JPY 73.02 against JPY 60.14 a year ago. Diluted net income per share was JPY 71.50 against JPY 58.71 a year ago.
For the fiscal year ending March 31, 2020, the company expected to report net sales of JPY 12,600 million, operating income of JPY 1,100 million, ordinary income of JPY 1,108 million and net income of JPY 703 million or JPY 77.14 per share.
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 Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
AD-SOL NISSIN CORPORATION 
