Nagase & Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
May 31, 2022 at 12:00 am EDT
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Nagase & Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. The company expects Gross profit to be JPY 159,000 million, Operating income to be JPY 38,000 million, profit attributable to owners of parent to be JPY 28,500 million or JPY 241.35 per basic share.
Nagase & Co Ltd is a Japan-based company mainly engaged in the import, export, manufacture and sale of a wide range of products. The Company operates through five business segments. Functional Materials segment offers raw materials for paints, inks, adhesives, and other products. Processed Materials segment offers dyes, pigments, functional pigments, resins, automotive repair and conductive paints and others. Electronics and Energy segment offers modified epoxy resins, fluorine products, and materials and equipment for semiconductor, display, as well as energy management system proposals, battery evaluation and healthcare services. Mobility segment offers general synthetic resins, and other materials and parts for automobile. Life-related segment offers raw materials for pharmaceuticals and agrochemicals, food additive, cosmetic additives, and radiation measurement service. The Company also offers logistics services, information processing and other professional services.