Ad-Sol Nissin Corporation Announces Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and Year Ending March 31, 2019
May 08, 2018 at 04:43 pm
Share
Ad-Sol Nissin Corporation announced non-consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 10,997 million against JPY 11,634 million a year ago. Operating income was JPY 832 million against JPY 767 million a year ago. Ordinary income was JPY 857 million against JPY 777 million a year ago. Net income was JPY 553 million against JPY 531 million a year ago. Net income per diluted share was JPY 59.32 against JPY 57.20 a year ago. Return on equity was 17.2% against 18.8% a year ago. Cash flows from operating activities was JPY 814 million against JPY 353 million a year ago.
For the six months period ending September 30, 2018, the company expects to report net sales of JPY 5,630 million, operating income JPY 420 million, ordinary income JPY 424 million, net income JPY 288 million or JPY 32.00 per share.
For the fiscal year ending March 31, 2019, the company expects to report net sales of JPY 11,500 million, operating income JPY 880 million, ordinary income JPY 890 million, net income JPY 564 million or JPY 62.47 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 Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and Year Ending March 31, 2019
AD-SOL NISSIN CORPORATION 
