Inabata & Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2013; Provides Consolidated Earnings Guidance for the Six Months Ending September 2013 and Full Year Ending March 31, 2014
May 06, 2013
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Inabata & Co. Ltd. reported consolidated earnings results for the year ended March 31, 2013. For the period, the company reported net sales of JPY 501,103 million against JPY 464,429 million a year ago. Operating income was JPY 8,161 million against JPY 7,632 million a year ago. Net income was JPY 6,982 million or JPY 109.83 per basic share against JPY 6,297 million or JPY 97.45 per basic share a year ago. Net cash from operating activities was JPY 19,799 million against JPY 15,534 million a year ago.
The company provided consolidated earnings guidance for the six months ending September 2013 and full year ending March 31, 2014. For the six months, the company expects net sales of JPY 250,000 million, operating income of JPY 4,200 million and net income of JPY 2,600 million or JPY 41.09 per share.
For the year, the company expects net sales of JPY 510,000 million, operating income of JPY 10,000 million and net income of JPY 6,000 million or JPY 94.83 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.
Inabata & Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2013; Provides Consolidated Earnings Guidance for the Six Months Ending September 2013 and Full Year Ending March 31, 2014