Inabata & Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 05, 2021 at 09:00 pm EDT
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Inabata & Co.,Ltd. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 162,643 million compared to JPY 128,701 million a year ago. Operating profit was JPY 5,596 million compared to JPY 2,227 million a year ago. Ordinary profit was JPY 6,451 million compared to JPY 3,072 million a year ago. Profit attributable to the owners of the parent of JPY 7,968 million compared to JPY 2,020 million a year ago. Earnings per share were JPY 132.37 million compared to JPY 33.56 million a year ago.
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.