NS Tool Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Six Months Ended September 2020
October 30, 2020 at 08:19 am EDT
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NS Tool Co., Ltd. reported consolidated and non-consolidated earnings results for the six months ended September 2020. For the year, on a consolidated basis, the company reports net sales of JPY 3,635 million compared to JPY 4,932 million a year ago. Operating income was JPY 404 million compared to JPY 1,263 million a year ago. Net income attributable to owners of parent was JPY 275 million or basic earnings per share JPY 22.00 per share compared to JPY 832 million or basic earnings per share JPY 66.59 per share a year ago. Diluted net income per share was JPY 21.86 compared to JPY 66.35 a year ago.
NS Tool Co Ltd is a Japan-based company mainly engaged in the production and sale of end mills, which are cutting tools that are attached to machining centers (machine tools) to process metals. The Company operates in two business segments. End Mill segment is engaged in the manufacture and sale of cutting tools centering on carbide small-diameter end mills. Others segment is engaged in the manufacture and sale of plastic moldings focusing on tool cases. The product sizes include end mill (6mm or less), end mill (over 6mm), and end mill (others).