Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2013; Provides Dividend Guidance for the Year Ending March 31, 2013
February 31, 2013
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Harima Chemicals Group, Inc. provided consolidated earnings guidance for the year ending March 31, 2013. For the year, the company expects net sales of ¥65,000 million, operating income of ¥770 million and net income of ¥300 million or ¥11.56 per share.
For the year ending March 31, 2013, the company expects a annual dividend of ¥7.00 per share.
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.
Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2013; Provides Dividend Guidance for the Year Ending March 31, 2013