DaikyoNishikawa Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Declares Dividend, Payable December 5, 2019; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2020
November 12, 2019
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DaikyoNishikawa Corporation announced consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 94,435 million against JPY 84,590 million a year ago. Operating income was JPY 5,307 million against JPY 6,229 million a year ago. Profit attributable to owners of the parent was JPY 4,002 million or JPY 56.49 per basic share and JPY 60.39 per diluted share against JPY 4,278 million or JPY 56.45 per basic share and JPY 60.36 per diluted share a year ago.
The company declared a dividend of JPY 15.00 per share for the six months ended September 30, 2019. The dividend payable is on December 5, 2019.
The company planned to pay a year end dividend of JPY 15.00 per share for the full year ending March 31, 2020.
The company provided earnings guidance for the full year ending March 31, 2020. For the year, the company expects to report net sales of JPY 189,000 million, operating income of JPY 10,400 million and profit attributable to owners of the JPY 6,700 million or JPY 94.56 per share.
DaikyoNishikawa Corp is engaged in the manufacture and sale of automotive resin parts. The Company operates in four geographical segments: Japan, China & Korea, ASEAN, Central America & North America. The Company purchases raw materials and manufacturers automobile equipment such as instrument panels and bumpers, and housing equipment such as bus unit members. The Japan segment has two divisions. The automobile parts manufacture division is involved in the provision of automobile resin parts, the development of production equipment and jigs, and the design and manufacture of molding dies and precision jigs. The others division is involved in the provision of housing equipment, the life insurance and non-life insurance agency business. Other segments are also involved in the design and technical services for automobile parts and staffing business, in addition to the provision of resin parts for automobiles.
DaikyoNishikawa Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Declares Dividend, Payable December 5, 2019; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2020
DAIKYONISHIKAWA CORPORATION 
