Hodogaya Chemical Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
January 31, 2018
Share
Hodogaya Chemical Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company's Net Sales were JPY 28,154 million as compared to JPY 23,675 million a year ago. Operating profit was JPY 2,992 million as compared to JPY 897 million a year ago. Ordinary profit was JPY 3,582 million as compared to JPY 961 million a year ago. Profit before income taxes was JPY 3,589 million as compared to JPY 1,051 million a year ago. Profit attributable to owners of parent was JPY 2,405 million as compared to JPY 1,020 million a year ago. Net cash provided by operating activities was JPY 5,053 million as compared to JPY 3,631 million a year ago. Purchase of property, plant and equipment and tangible assets was JPY 824 million as compare to JPY 367 million a year ago. Earnings per share was JPY 304.46 as compared to JPY 129.11 a year ago.
The company also provided earnings guidance for the full year ending March 31, 2018. For the period, the company's net sales is expected to be JPY 38,200 million. Operating profit is expected to be JPY 3,700 million. Ordinary income expected to be JPY 3,700 million. Profit attributable to owners of parent is expected to be JPY 2,000 million. Earnings per share is expected to be JPY 253.10.
Hodogaya Chemical Co., Ltd. is engaged in the manufacture and sale of organic industrial chemicals. The Functional Pigment segment manufactures and sells charge-controlling agents for toners, organic photo conductor materials, organic electroluminescence (EL) materials and various dyes. The Functional Resin segment offers polytetramethylene-ether-glycol (PTG), urethane- and cement-based construction and civil engineering materials, as well as basic materials for general chemical industry. The Basic Chemical segment provides hydrogen peroxide and others. The Agro-science segment is engaged in the manufacture and sale of agrichemical ingredients and agents. The Others segment is engaged in the transportation and storage of its products, as well as the contracted research and development business.
Hodogaya Chemical Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018