Adeka Corporation Delays Financial Results Announcement for the Fiscal Year Ended March 31, 2020
May 13, 2020
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Adeka Corporation delayed its financial results announcement. Due to the spread of covid-19, ADEKA Group has also suffered a significant delay in the settlement of accounts and audits due to measures such as curfew prohibiting certain the company's overseas affiliated companies such as Malaysia and India. The company has been preparing for the financial results announcement on May 14, but due to the above reasons, the company will postpone the financial results announcement for the fiscal year ended March 31, 2020.
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.