Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Second Quarter and Fiscal Year Ending March 31, 2022
July 30, 2021 at 12:00 am EDT
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Harima Chemicals Group, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the second quarter, the company expects Net sales of JPY 36,000 million, Operating income of JPY 1,800 million and net income attributable to company of JPY 900 million or net income per share of JPY 35.80.
For the year, the company expects Net sales of JPY 76,500 million, Operating income of JPY 3,100 million and net income attributable to company of JPY 1,600 million or net income per share of JPY 63.66.
Harima Chemicals Group Inc is a Japan-based company mainly engaged in the resin chemical product business, the paper chemical business, the electronic material business and the rotor business. The Company operates in four business segments. The Resin Chemical Product segment is engaged in the manufacture and sale of printing ink resin, paint resin, emulsifier for synthetic rubber, resin for adhesive and tall oil product. The Paper Chemical segment is engaged in the manufacture and sale of paper strength enhancer and sizing agent. The Electronic Material segment is engaged in the manufacture and sale of soldering material and brazing material for heat exchanger. The Rotor segment is engaged in the manufacture and sale of resin for adhesive and printing ink. The Company is also involved in the management of real estate.