Nippon Thompson Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; provides earnings guidance for fiscal year ending March 31, 2017
February 09, 2017
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Nippon Thompson Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥32,007 million compared with ¥32,903 million for the same period last year. Operating income was ¥627 million compared with ¥2,528 million for the same period last year. Ordinary income was ¥599 million compared with ¥2,729 million for the same period last year. Net loss attributable to owners of parent was ¥686 million or ¥9.51 basic per share compared with profit of ¥1,635 million or ¥22.54 basic per share for the same period last year. Income before income taxes was ¥559 million compared with ¥2,726 million for the same period last year.
The company provided earnings guidance for fiscal year ending March 31, 2017. For the period, the company expected net sales of ¥42,500 million, operating income of ¥1,500 million, ordinary income of ¥700 million and net loss attributable to owners of parent was ¥500 million or ¥6.94 per basic share.
NIPPON THOMPSON CO., LTD. is engaged in the manufacture and sale of needle roller bearings, linear motion rolling guides and various machine components. The Company sells its products in Japan, Ameircas, Europe, China and other markets.
Nippon Thompson Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; provides earnings guidance for fiscal year ending March 31, 2017