Nishimatsu Construction Co., Ltd. Reports Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2012; Provides Consolidated and Non Consolidated Earnings Guidance for the First Half and Full Year of Fiscal 2012
May 09, 2012
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Nishimatsu Construction Co., Ltd. reported consolidated and non consolidated earnings results for the year ended March 31, 2012. For the period, on consolidated basis, the company reported net sales of JPY 263,928 million compared to JPY 257,856 million a year ago. Income from operations was JPY 2,651 million compared to JPY 3,174 million a year ago. Ordinary profit was JPY 3,420 million compared to JPY 2,294 million a year ago. Net income was JPY 2,732 million or JPY 9.85 per share compared to JPY 1,404 million or JPY 5.07 per share a year ago. Cash flows from operating activities was JPY 28,065 million compared to cash used in operating activities of JPY 10,947 million a year ago.
For the period, on non-consolidated basis, the company reported net sales of JPY 253,516 million compared to JPY 255,451 million a year ago. Income from operations was JPY 2,131 million compared to JPY 3,400 million a year ago. Ordinary profit was JPY 2,934 million compared to JPY 2,708 million a year ago. Net income was JPY 2,001 million or JPY 7.22 per share compared to JPY 2,881 million or JPY 10.39 per share a year ago.
For the first half of fiscal year 2012, on consolidated basis, the company expects net sales of JPY 120,000 million, loss from operations of JPY 1,800 million, ordinary loss of JPY 1,800 million.
For the fiscal year 2012, on consolidated basis, the company expects net sales of JPY 275,000 million, income from operations of JPY 1,900 million, ordinary profit of JPY 1,800 million.
For the first half of fiscal year 2012, on non-consolidated basis, the company expects net sales of JPY 115,000 million, ordinary loss of JPY 2,000 million, net loss of JPY 2,000 million or JPY 7.21 per share.
For the fiscal year 2012, on non-consolidated basis, the company expects net sales of JPY 265,000 million, ordinary profit of JPY 1,500 million, net income of JPY 1,500 million or JPY 5.41 per share.
Nishimatsu Construction Co Ltd is mainly engaged in the construction business and the real estate business. The Company operates three business segments. The Civil Engineering segment is engaged in the contracting of civil engineering and related business. The Construction segment is engaged in the contracting of construction works and construction related business. The Development and Real Estate segment is engaged in the sale and leasing of real estate properties, as well as the sale of materials and the asset management business.
Nishimatsu Construction Co., Ltd. Reports Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2012; Provides Consolidated and Non Consolidated Earnings Guidance for the First Half and Full Year of Fiscal 2012