Sakata INX Corporation Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and Fiscal Year Ending December 31, 2023
February 14, 2023 at 01:00 am EST
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Sakata INX Corporation provided consolidated earnings guidance for the six months ending June 30, 2023 and fiscal year ending December 31, 2023. For the six months, the company expects net sales to be JPY 109,000 million. Operating income to be JPY 2,300 million. Net income attributable to owners of parent to be JPY 1,700 million. Basic earnings per share to be JPY 33.98.
For the full year, the company expects net sales to be JPY 222,000 million. Operating income to be JPY 6,000 million. Net income attributable to owners of parent to be JPY 4,700 million. Basic earnings per share to be JPY 93.93.
SAKATA INX CORPORATION is a J engaged in the manufacture and sale of printing ink. The Company operates in five business segments. The Printing Ink / Equipment (Japan) segment, Printing Ink (Asia) segment, Printing Ink (North America) segment and Printing Ink (Europe) segment are mainly engaged in printing ink business that produces and sells newspaper ink, offset ink, flexo ink, gravure ink and metal ink for each market. The Printing Ink / Equipment (Japan) segment is also involved in the operation of printing equipment business that purchases and sells materials for printing plate making, as well as printing plate making related equipment. The Functional Materials segment is engaged in the production and sale of inkjet inks, toners, pigment dispersions for color filters, as well as functional coatings. The Company is also engaged in the purchasing and sale of color related equipment and chemical products, as well as the production and sale of display services for the Japanese market.
SAKATA INX CORPORATION 
