Nishio Rent All Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2017
August 02, 2017
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Nishio Rent All Co., Ltd. reported consolidated earnings results for the nine months ended June 30, 2017. For the period, the company reported net sales of JPY 92,402 million, operating income of JPY 8,698 million, ordinary income of JPY 8,647 million and profit attributable to owners of the parent of JPY 5,346 million or JPY 204.17 per diluted share as compared to net sales of JPY 87,000 million, operating income of JPY 9,558 million, ordinary income of JPY 9,174 million and profit attributable to owners of the parent of JPY 5,622 million or JPY 210.17 per diluted share for the same period a year ago. Profit before income taxes was JPY 8,652 million compared to JPY 9,142 million a year ago.
The company provided consolidated earnings guidance for the year ending September 30, 2017. For the year, the company expects net sales of JPY 123,800 million, operating income of JPY 12,430 million, ordinary income of JPY 12,000 million and profit attributable to owners of the parent of JPY 7,690 million or JPY 287.68 per share.
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, 2017; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2017