NICHIDEN Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and Full Year Ending March 31, 2024
May 09, 2024 at 10:15 am
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NICHIDEN Corporation provided consolidated earnings guidance for the six months ending September 30, 2024 and full year ending March 31, 2024. For the six month, the company expects net sales of ¥66,000 million, operating profit of ¥2,900 million, profit attributable to owners of parent of ¥2,200 million or earnings per share of ¥72.36.
For the full year, the company expects net sales of ¥134,000 million, operating profit of ¥6,100 million, profit attributable to owners of parent of ¥4,700 million or earnings per share of ¥154.59.
NICHIDEN Corporation is a Japan-based company engaged in the sale of power transmission systems, industrial machinery and control equipment. The Company is engaged in the sale of industrial equipment such as woodworking machinery and power transmission equipment, the manufacture and sale of automatic equipment and sterilization deodorization equipment, the design and manufacture of hydraulic systems, as well as the operation of portal site. The Company's power transmission equipment products include speed reducers, gearshifts, chain and belt drives, sprockets, couplings, bearings, bearing units, metallic materials and others. The industrial machinery products include conveyors, transportation equipment, lifting equipment, storage related equipment, delivery systems, packaging system devices, motors and pumps. The control equipment products include pneumatic equipment, oil hydraulic equipment, vacuum equipment, hoses, tubes, couplings, indicators, actuators and sensors, among others.
NICHIDEN CORPORATION 
