Nippon Shokubai Co., Ltd. Provides Consolidated Earning Guidance for the First Half and Full Year Ending March 31, 2024
May 12, 2023 at 12:00 am EDT
Share
Nippon Shokubai Co., Ltd. provided Consolidated earning guidance for the first half (cumulative) and full year ending March 31, 2024. For the first half (cumulative), the company expected revenue of JPY 205,000 million, Operating profit of JPY 8,000 million and Profit attributable to owners of parent of JPY 5,500 million or Basic EPS of JPY 139.90.
For the full year ending March 31, 2024, the company expected revenue of JPY 420,000 million, Operating profit of JPY 18,000 million and Profit attributable to owners of parent of JPY 14,500 million or Basic EPS of JPY 368.83.
NIPPON SHOKUBAI CO., LTD. is engaged in the manufacture and sale of chemicals. The Company has three business segments. The Basic Chemical segment manufactures and sells acrylic acid, acrylic acid ester, ethylene oxide, ethylene glycol, ethanolamine, and glycol ethers. The Functional Chemical segment is involved in the manufacture and sale of water-absorbing resins, medical intermediates, polymers for concrete admixtures, electronic information materials, iodine, maleic anhydrides, adhesives, resins for coating materials, resin molding products and processed adhesive products. The Environmental and Catalytic segment manufactures and sells automobile catalysts, nitrogen oxide (NOx) removal catalysts, process catalysts and others.
NIPPON SHOKUBAI CO., LTD. 
