Adeka Corporation Announces Consolidated Earnings Results for the Fiscal Year 2020
March 16, 2021
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Adeka Corporation announced consolidated earnings results for the fiscal year 2020. Sales were JPY 213.8 billion, down JPY 4.5 billion from the previous fiscal year, resulting in a decrease in sales. Operating profit increased by JPY 15.7 billion, up JPY 1.7 billion. Current profit was JPY 15.1 billion, an increase of JPY 1.8 billion. Quarterly net profit attributable to owners of the parent was JPY 10.4 billion, an increase of JPY 200 million. Quarterly net profit per share was JPY 100.8, an increase of JPY 2.6.
ADEKA CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of chemical products and food ingredients. The Company operates through three business segments. The Chemicals segment manufactures and sells resin additive products such as flame retardants; information and electric chemical products such as ultrapure semiconductor materials, light curing resin and others; functional chemical products such as additives, fire retardant, interfacial active agents and kitchen cleaning agents and others. The Life Sciences segment manufactures and sells agricultural chemicals, pharmaceuticals, quasi-drugs, veterinary medicines, wood medicines, and medical materials. The food segment manufactures and sells margarines, fats and oils for chocolate and others. The Company is also involved in the equipment plant design, construction and construction management, equipment maintenance, logistics, warehousing, leasing of vehicles, real estate, insurance agency and others.