Ishihara Sangyo Kaisha, Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2017
February 09, 2017
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Ishihara Sangyo Kaisha, Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 74,535 million compared to JPY 77,395 million a year ago. Operating income was JPY 2,930 million compared to JPY 2,445 million a year ago. Ordinary income was JPY 1,786 million compared to JPY 603 million a year ago. Income before income taxes and minority interests was JPY 1,323 million compared to JPY 4,961 million a year ago. Profit attributable to owners of parent was JPY 997 million or JPY 24.94 per share compared to JPY 3,671 million or JPY 91.83 per share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales of JPY 101,000 million, operating income of JPY 7,400 million, ordinary income of JPY 6,200 million and net income of JPY 4,400 million or JPY 110.05 per share.
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, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2017