Nitto Seiko Co., Ltd. Announces Consolidated Earnings Results for the Year Ended December 31, 2020
February 16, 2021 at 04:00 am
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Nitto Seiko Co., Ltd. announced consolidated earnings results for the year ended December 31, 2020. For the year, the company reported net sales of JPY 32,904 million against JPY 34,857 million a year ago. Operating profit was JPY 1,303 million against JPY 2,596 million a year ago. Profit was JPY 902,157,000 against JPY 2,095,970,000 a year ago. Earnings per share was JPY 20.78 against JPY 52.08 a year ago.
NITTO SEIKO CO., LTD. is a manufacturer of industrial fasteners and tools, industrial and precision machinery, as well as measuring and control equipment. The Company operates in three business segments. The Fastener segment offers precision screw parts, special cold-headed parts and industrial fasteners. The Industrial Machinery segment offers automatic assembly systems, including free cycle conveyors, automatic screw fastening machines, automatic rivet caulking machines, assembly robots and other industrial machinery. The Control segment offers flow meters, high performance inspection sorting equipment, automatic penetration testing machine for geological survey, micro bubble washing equipment.
NITTOSEIKO CO.,LTD. 
