Ishihara Sangyo Kaisha, Ltd. Announces the Earnings Results for the Third quarter December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
February 09, 2018
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Ishihara Sangyo Kaisha, Ltd. announced the earnings results for the third quarter ended December 31, 2017. For the period, the company reported, net sales of JPY 78,289 million as compared to JPY 74,535 million same period last year. Operating Income was JPY 5,331 million as compared to JPY 2,930 million same period last year. Net income was JPY 2,648 million as compared to JPY 977 million same period last year. Net earnings per share was JPY 66.25 per share as compared to JPY 24.94 per share same period last year. Ordinary profit was JPY 4,104 million as compared to JPY 1,786 million same period last year. Income before income taxes and minority interests was JPY 3,592 million as compared to JPY 1,323 million same period last year.
The company provides earnings guidance for the full year ending March 31, 2018. For the period, the company expected net sales of JPY 107,000 million. Operating income expected to be JPY 9,200 million. Net income to be JPY 6,500 million. Earnings per share to be JPY 162.61 per share. Ordinary profit was JPY 8,600 million.
ISHIHARA SANGYO KAISHA, LTD. is a Japan-based chemical company principally involved in the manufacture and sale of industrial chemical products. The Company operates in three business segments. The Inorganic Chemical segment mainly provides titanium oxide, functional materials, and other inorganic chemical products. The Organic Chemical segment mainly provides herbicides, pesticides, medicines, etc. The Others segment is engaged in the trading and construction business.
Ishihara Sangyo Kaisha, Ltd. Announces the Earnings Results for the Third quarter December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018