Nihon Parkerizing Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2021
May 12, 2021 at 08:00 am
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Nihon Parkerizing Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2021. For the year, on consolidated basis, the company reported net sales of JPY 99,918 million against JPY 119,028 million a year ago. Operating income was JPY 10,681 million against JPY 12,601 million a year ago. Net income attributable to parent company shareholders was JPY 9,999 million against JPY 9,449 million a year ago. Net income per share was JPY 84.75 against JPY 78.87 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 38,681 million against JPY 46,786 million a year ago. Operating income was JPY 3,422 million against JPY 3,179 million a year ago. Net income was JPY 8,261 million against JPY 5,441 million a year ago. Net income per share was JPY 68.61 against JPY 44.49 a year ago.
Nihon Parkerizing Co., Ltd. is a Japan-based manufacturer of chemical agents and equipment. The Company operates in three business segments. The Chemical Agents segment manufactures and sells metal surface treatment chemicals, anti-rust oil, rolling mill lubricant, coating materials, electroless nickel plating and industrial detergents. The Equipment segment manufactures and sells metal surface treatment equipment and coating equipment. The Processing segment is engaged in the provision of anti-rust processing service and heat treatment processing service. The Company is also involved in the maintenance work of buildings, the manufacture and sale of metal specimen plates, the management and leasing of real estates.