Arakawa Chemical Industries, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
February 01, 2022 at 11:30 am IST
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Arakawa Chemical Industries, Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expects net sales of JPY 80,000 million, operating profit of JPY 3,300 million, profit attributable to owners of parent of JPY 1,750 million and basic earnings per share of JPY 88.21.
ARAKAWA CHEMICAL INDUSTRIES, LTD. is a Japan-based company principally engaged in the manufacture and sale of intermediate materials for papermaking chemicals, printing ink resins, adhesive resins and electronic materials. The Company has four business segments. Papermaking Chemicals segmentâs main products include sizing agents, paper strength enhancers and coated paper chemicals. Coating segmentâs main products include printing ink resins, paint resins, synthetic rubber polymerization emulsifiers and photocurable resins. Adhesive segmentâs main products include adhesive resins and ultra-light rosin. Functional Materials segmentâs main products include compounded products for electronic materials, functional fine chemical products, precision abrasives, precision parts cleaners and cleaning equipment. The Company is also involved in non-life insurance and real estate brokerage business.