Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2019
August 31, 2019
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Nishio Rent All Co., Ltd. reported consolidated earnings results for the nine months ended June 30, 2019. For the nine months, the company reported net sales of JPY 113,882 million compared to JPY 100,423 million a year ago. Operating profit was JPY 11,740 million compared to JPY 10,794 million a year ago. Profit was JPY 7,391 million compared to JPY 6,893 million a year ago. Earnings per share were JPY 253.56 compared to JPY 247.68 a year ago. Diluted earnings per share were JPY 253.38 compared to JPY 247.48 a year ago.
For the full year ending September 30, 2019, on consolidated basis, the company expects net sales of JPY 147,860 million, operating profit of JPY 15,880 million, profit attributable to owners of parent of JPY 9,600 million and earnings per share of JPY 342.45.
Nishio Holdings Co Ltd is a Japan-based company mainly engaged in the rental of construction and facility construction equipment, such as civil engineering and road machinery, aerial work machinery, construction machinery, surveying equipment, as well as related equipment for events, and other related businesses. The Rental-related business segment is engaged in the rental and construction of construction equipment, track construction equipment, contaminated soil and contaminated water treatment equipment, muddy water treatment equipment, tunnel and dam construction machinery, event equipment, and photography props, as well as electrical equipment work, electrical wiring work, and operation work for construction machinery and transport business. In addition, the Company is also engaged in the manufacture of tacks and screws, and construction equipment, as well as insurance and real estate leasing business.
Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2019