Nippon Soda Co. Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 2015; Provides Dividend Guidance for the Year Ending March 2016; Provides Earnings Guidance for the Full Year Ending March 2016
February 05, 2016 at 10:00 am EST
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Nippon Soda Co. Ltd. announced consolidated earnings results for the third quarter ended December 2015. For the quarter, the company reported net sales of JPY 99,965 million compared to JPY 102,663 million a year ago. Operating income was JPY 4,414 million compared to JPY 3,967 million a year ago. Profit attributable to owners of the parent was JPY 13,194 million or JPY 85.78 per basic share compared to JPY 7,084 million or JPY 46.60 per basic share a year ago.
The company provided dividend guidance for the year ending March 2016. For the period, the company expected dividend of JPY 7 per share compared to JPY 10 per share paid in the same period a year ago.
The company provided earnings guidance for the full year ending March 2016. For the full year ending March 2016, the company expected net sales of JPY 147,000 million, operating income of JPY 6,300 million and profit attributable to owners of the parent of JPY 14,100 million or JPY 92.13 per share.
Nippon Soda Co., Ltd. is primarily engaged in the manufacture and sale of chemical products. The Chemical segment is engaged in the manufacture and sale of industrial chemicals, synthetic chemicals, dye products, functional materials, eco-care products, pharmaceuticals and medical intermediates, among others. The Agricultural Chemical segment is engaged in the manufacture and sale of fungicides, insecticides, miticides, herbicides and industrial fungicides. The Business Firms segment offers chemicals, synthetic resins, industrial machineries and devices, among others. The Transportation and Warehouse segment is engaged in the provision of warehouse and transportation services. The Construction segment is involved in the plant construction and civil engineering businesses. The Others segment is involved in the casting, processing and sale of alloy, the treatment of industrial wastes, the leasing of lands and equipment, the manufacture and sale of molded synthetic resin, among others.
Nippon Soda Co. Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 2015; Provides Dividend Guidance for the Year Ending March 2016; Provides Earnings Guidance for the Full Year Ending March 2016