Sakata INX Corporation Reports Consolidated Earnings Results for the Six Months Ended June 30, 2021
August 11, 2021 at 02:00 am EDT
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Sakata INX Corporation reported consolidated earnings results for the six months ended June 30, 2021. For the period, the company reported net sales of JPY 88,676 million against JPY 79,472 million a year ago. Operating income was JPY 5,045 million against JPY 3,181 million a year ago. Net income attributable to owners of parent was JPY 4,039 million against JPY 1,497 million a year ago. Basic earnings per share was JPY 69.14 against JPY 25.65 a year ago.
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.