Euglena Co., Ltd. Provides Consolidated Sales Guidance for the Year Ending September 30, 2021
August 30, 2021 at 02:00 am EDT
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Euglena Co., Ltd. provided consolidated sales guidance for the year ending September 30, 2021. For the year, the company expects net sales of JPY 33,000 million.
euglena Co., Ltd. is a Japan-based company mainly engaged in the healthcare, energy and environmental business utilizing the research and development results on euglena. The Company masters the core technology of euglena, which provides the edibility of microalga euglena (Japanese name: Midorimushi) and the technology of outdoor large-scale cultivation. The Company operates in two business segments. The Healthcare segment is involved in the original equipment manufacturer (OEM) provision of food and cosmetics using euglena, as well as the planning and sale of products. The Energy and Environment segment is involved in the technology development and commissioned research of euglena and other microalgae, as well as the research and development of biofuels for the future commercialization.