Nippon Express Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Interim and Full Year of Fiscal Ending December 31, 2021
April 27, 2021
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Nippon Express Co., Ltd. provided consolidated and non-consolidated earnings guidance for the interim and full year of Fiscal ending December 31, 2021. For the Interim period, on consolidated basis, the company expects revenues of JPY 1,000,000 million, operating income JPY 36,000 million, Profit attributable to owners of parent of JPY 25,000 million or basic earnings per share of JPY 272.74.
For the full year of fiscal year ending December 31, 2021, the company expects revenues of JPY 1,560,000 million, operating income JPY 56,000 million, Profit attributable to owners of parent of JPY39,0000 million or basic earnings per share of JPY 425.47.
For the Interim period, on non-consolidated basis, the company expects revenues of JPY 590,000 million, profit of JPY 17,000 million or basic earnings per share of JPY 185.46.
For the full year of fiscal year ending December 31, 2021, the company expects revenues of JPY 895,000 million, profit of JPY 23,000 million or basic earnings per share of JPY 250.92.
Nippon Express Holdings Inc. specializes in freight transportation and logistics services. The group provides transport by land, air, rail and sea of products, materials, components, equipment, etc. on behalf of companies and organizations. At the same time, Nippon Express Holdings Inc. offers warehousing and supply chain management solutions. The group's activities are essentially organized around 3 areas:
- logistics services;
- cash and precious goods transportation services; and
- heavy equipment transportation services.
Net sales are distributed geographically as follows: Japan (59.2%), Asia and Oceania (18.3%), America (14.6%) and Europe (7.9%).