Nippon Soda Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2021
May 11, 2021 at 11:30 am IST
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Nippon Soda Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2021. For the year, on consolidated basis, the company reported net sales of JPY 139,363 million compared to JPY 144,739 million a year ago. Operating profit was JPY 9,980 million compared to JPY 8,135 million a year ago. Profit attributable to owners of parent was JPY 7,360 million compared to JPY 6,759 million a year ago. Basic earnings per share was JPY 255.17 compared to JPY 224.28 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 82,553 million compared to JPY 83,811 million a year ago. Operating income was JPY 5,101 million compared to JPY 3,772 million a year ago. Profit was JPY 4,030 million compared to loss of JPY 259 million a year ago. Basic earnings per share were JPY 139.72 compared to basic loss per share of JPY 8.60 a year ago.
Nippon Soda Co., Ltd. is primarily engaged in the manufacture and sale of chemical products. The Chemical segment is engaged in the manufacture and sale of industrial chemicals, synthetic chemicals, dye products, functional materials, eco-care products, pharmaceuticals and medical intermediates, among others. The Agricultural Chemical segment is engaged in the manufacture and sale of fungicides, insecticides, miticides, herbicides and industrial fungicides. The Business Firms segment offers chemicals, synthetic resins, industrial machineries and devices, among others. The Transportation and Warehouse segment is engaged in the provision of warehouse and transportation services. The Construction segment is involved in the plant construction and civil engineering businesses. The Others segment is involved in the casting, processing and sale of alloy, the treatment of industrial wastes, the leasing of lands and equipment, the manufacture and sale of molded synthetic resin, among others.