Ishihara Sangyo Kaisha, Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Full Year Ending March 31, 2020
February 11, 2020
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Ishihara Sangyo Kaisha, Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 70,685 million compared with JPY 75,580 million for the same period a year ago. Operating income was JPY 1,372 million compared with JPY 5,859 million for the same period a year ago. Net loss was JPY 1,231 million or JPY 30.81 loss per share compared with net profit of JPY 4,278 million or JPY 107.06 per share for the same period a year ago.
For the full year ending March 31, 2020, the consolidated company expected to report net sales of JPY 102,000 million, operating income of JPY 5,500 million, and net income of JPY 2,300 million or JPY 57.55 per share.
For the full year ending March 31, 2020, the company plans to pay dividend of ¥12.00 per share against ¥12.00 per share paid a year ago.
ISHIHARA SANGYO KAISHA, LTD. is a Japan-based chemical company principally involved in the manufacture and sale of industrial chemical products. The Company operates in three business segments. The Inorganic Chemical segment mainly provides titanium oxide, functional materials, and other inorganic chemical products. The Organic Chemical segment mainly provides herbicides, pesticides, medicines, etc. The Others segment is engaged in the trading and construction business.
Ishihara Sangyo Kaisha, Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Full Year Ending March 31, 2020