Nagase & Co., Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2021
February 05, 2021 at 02:00 am EST
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Nagase & Co., Ltd. provided earnings guidance for the full year ending March 31, 2021. For the year, the company expects to report net sales of JPY 811,000 million, operating profit of JPY 20,000 million and profit attributable to owners of parent of JPY 17,000 million or JPY 137.18 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.