Adeka Corporation Provides Earnings Guidance for the Year Ending March 31, 2023
November 24, 2022 at 08:00 pm EST
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Adeka Corporation provided earnings guidance for the year ending March 31, 2023. For the year, the company expects JPY 420 billion in net sales, JPY 37 billion in operating income, JPY 36.9 billion in ordinary income, and JPY 22 billion in net income attributable to shareholders of the parent company.
ADEKA CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of chemical products and food ingredients. The Company operates through three business segments. The Chemicals segment manufactures and sells resin additive products such as flame retardants; information and electric chemical products such as ultrapure semiconductor materials, light curing resin and others; functional chemical products such as additives, fire retardant, interfacial active agents and kitchen cleaning agents and others. The Life Sciences segment manufactures and sells agricultural chemicals, pharmaceuticals, quasi-drugs, veterinary medicines, wood medicines, and medical materials. The food segment manufactures and sells margarines, fats and oils for chocolate and others. The Company is also involved in the equipment plant design, construction and construction management, equipment maintenance, logistics, warehousing, leasing of vehicles, real estate, insurance agency and others.
ADEKA CORPORATION 
