Nippon Shokubai Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 12, 2023 at 12:00 am EDT
Share
Nippon Shokubai Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 419,568 million compared to JPY 369,293 million a year ago. Net income was JPY 19,392 million compared to JPY 23,720 million a year ago.
Basic earnings per share from continuing operations was JPY 488.29 compared to JPY 594.86 a year ago. Diluted earnings per share from continuing operations was JPY 488.22.
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. 
