Nishimoto Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Earnings Guidance for the Full Year Ending December 31, 2019
November 12, 2019
Share
Nishimoto Co., Ltd. reported consolidated earnings results for the nine months ended September 30, 2019. For the period, net sales were JPY 137,049 million against JPY 135,548 million a year ago. Operating income was JPY 3,571 million against JPY 4,772 million a year ago. Ordinary income was JPY 3,674 million against JPY 4,775 million a year ago. Profit attributable to owners of parent was JPY 2,548 million against JPY 3,372 million a year ago. Net income per share was JPY 177.58 million against JPY 235.00 million a year ago.
For the full year ending December 31, 2019, the company expects net sales of JPY 183,000 million, operating income of JPY 4,500 million, ordinary income of JPY 4,618 million, profit attributable to owners of parent of JPY 3,227 million or net income per share of JPY 224.89 million.
Nishimoto Co., Ltd. is a Japan-based holding company engaged in development and logistics of the Asian food and food materials, as well as the inport and wholesale of vegetable and fruits. The Company operates in two business segments. The Global Asian Food Business segment is involved in the import of Japanese food, as well as the provision of Asian food and ingredients. The Segment is also involved in the wholesale to restaurants and grocery stores. The Agriculture and Fishery Business segment is involved in the import and wholesale of fruits and vegetables and other processed goods to food manufacturers and restaurants. The Company is also involved in the import of overseas foods and groceries, as well as the development, manufacture, import and sale of character goods.
Nishimoto Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Earnings Guidance for the Full Year Ending December 31, 2019