Inabata & Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2020 and for the Full Year Ending March 31, 2021
August 06, 2020 at 01:00 am EDT
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Inabata & Co.,Ltd. provided consolidated earnings guidance for the six months ending September 30, 2020 and for the full year ending March 31, 2021. For the six months, the company expects to report net sales of JPY 260,000 million, operating profit of JPY 4,000 million, ordinary profit of JPY 4,400 million and net profit of JPY 3,800 million or JPY 63.13 per share.
For the full year, the company expects to report net sales of JPY 550,000 million, operating profit of JPY 9,500 million, ordinary profit of JPY 10,000 million and net profit of JPY 8,500 million or JPY 141.20 per share.
Inabata & Co., Ltd. is a Japan-based company that sells information and electronics, chemicals and other products. It operates in five business segments. The Information and Electronics segment provides semiconductors and liquid crystal materials, machinery equipment, ink for copiers and printers, as well as materials for electronics industry. The Chemical segment offers raw materials of automobile components, resins and gum, paintings and inks, paper manufacturing chemicals. The Living Industry segment sells intermediates for medical and agricultural chemicals, fine chemicals, raw materials of pesticide and toiletries, functional food, marine products, agricultural products, and starches. The Synthetic Resin segment provides general-purpose resins and engineering plastic. The Housing Environment segment sells wood, bonded wood, wood construction materials, housing equipment and housing-related materials.