Nikkiso Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2015
November 01, 2015
Share
Nikkiso Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company's net sales were JPY 60,023 million compared to JPY 59,462 million a year ago. Operating income was JPY 800 million compared to JPY 2,196 million a year ago. Ordinary income was JPY 807 million compared to JPY 3,416 million a year ago. Income before income taxes and minority interests was JPY 801 million compared to JPY 3,180 million a year ago. Net income was JPY 48 million or JPY 0.56 per diluted share compared to JPY 1,824 million or JPY 21.11 per diluted share a year ago.
The company provided earnings guidance for the year ending December 31, 2015. For the period, the company expects consolidated net sales of JPY 120,000 million, operating income of JPY 4,400 million, ordinary income of JPY 4,400 million and net income of JPY 2,400 million or JPY 31.12 per share.
NIKKISO CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of industrial pumps, precision equipment and blood related products, among others. The Company operates in two business segments. Industrial Business segment conducts industrial business including the manufacture, sale and maintenance of industrial special pumps, as well as liquefied gas & industrial gas related equipment and devices. The Segment is also involved in precision equipment business, aerospace business and deep ultraviolet light emitting diode (LED) business. Medical Business segmentâs products are dialysis-related products including hemodialysis and peritoneal dialysis, such as artificial dialysis machines, dialyzers, blood circuits, and powder-type dialysis agents. The Segment also manufactures, sells and maintains products and medicines related to CRRT (acute blood purification therapy), artificial pancreas devices that manage blood glucose, and energy devices for microwave surgery.
Nikkiso Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2015