Nittoseiko Co.,Ltd. Reports Consolidated Financial Results for the Six Months Ended June 30, 2021
August 16, 2021 at 09:00 am
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Nittoseiko Co.,Ltd. reported consolidated financial results for the six months ended June 30, 2021. For the period, the company reported net sales were JPY 20,252 million against JPY 15,887 million a year ago. Operating profit was JPY 1,881 million against JPY 544 million a year ago. Profit was JPY 1,457,588,000 against JPY 361,275,000 a year ago. Earnings per share was JPY 33.41 against JPY 8.96 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.