Nippon Thompson Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for Fiscal Year Ending March 31, 2016
February 09, 2016
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Nippon Thompson Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of ¥32,903 million compared with ¥33,512 million for the same period last year. Operating income was ¥2,528 million compared with ¥3,097 million for the same period last year. Ordinary income was ¥2,729 million compared with ¥4,142 million for the same period last year. Net income attributable to owners of parent was ¥1,635 million or ¥20.36 diluted per share compared with ¥2,777 million or ¥34.45 diluted per share for the same period last year. Income before income taxes was ¥2,726 million compared with ¥4,257 million for the same period last year.
The company provided earnings guidance for fiscal year ending March 31, 2016. For the period, the company expected net sales of ¥43,200 million, operating income of ¥2,800 million, ordinary income of ¥3,000 million and net income attributable to owners of parent was ¥1,800 million or ¥24.82 diluted per 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, 2015; Provides Earnings Guidance for Fiscal Year Ending March 31, 2016