Nihon Enterprise Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended November 2019; Provides Consolidated Earnings Guidance for the Year Ending May 31, 2020
January 10, 2020 at 07:00 am
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Nihon Enterprise Co.,Ltd. reported consolidated earnings results for the six months ended November 2019. For the period, the company reported net sales of JPY 1,759 million compared to JPY 1,611 million a year ago. Operating income was JPY 134 million compared to JPY 77 million a year ago. Profit attributable to owners of parent was JPY 107 million compared to JPY 27 million a year ago. Basic net income per share was JPY 2.69 compared to JPY 0.70 a year ago.
The company provided consolidated earnings guidance for the year ending May 31, 2020. For the year, the company expects net sales of JPY 3,850 million, operating profit of JPY 275 million, and profit attributable to owners of parent of JPY 160 million or JPY 3.99 per basic share.
Nihon Enterprise Co Ltd is a Japan-based company engaged in the creation business and the solution business. The Company operates in two business segments. The Creation segment is engaged in the provision of content services such as smartphone application services, the provision of business support services such as business applications, traffic information cloud services, education cloud services, tourism cloud services and procurement cloud services, mobile kitting and voice solutions, as well as the solar power generation business. The Solution segment is engaged in the provision of system development and operation services such as applications development, Web construction, servers construction, system development, operation and monitoring services, debugging services and user support services.
Nihon Enterprise Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended November 2019; Provides Consolidated Earnings Guidance for the Year Ending May 31, 2020
NIHON ENTERPRISE CO.,LTD. 
