Sekisui Chemical Co., Ltd. reported consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the third quarter, the company reported net sales of JPY 260,760 million, operating income of JPY 17,160 million, ordinary income of JPY 14,860 million and net income attributable to shareholders of JPY 7,659 million as compared to net sales of JPY 266,048 million, operating income of JPY 16,096 million, ordinary income of JPY 19,751 million and net income attributable to shareholders of JPY 14,956 million for the same period a year ago. Income before income taxes and non-controlling interests was JPY 4,325 million compared to JPY 24,569 million a year ago.

For the nine months, the company reported net sales of JPY 799,670 million, operating income of JPY 55,399 million, ordinary income of JPY 54,354 million and net income attributable to shareholders of JPY 40,452 million or JPY 81.79 per diluted share as compared to net sales of JPY 811,969 million, operating income of JPY 57,876 million, ordinary income of JPY 65,617 million and net income attributable to shareholders of JPY 43,884 million or JPY 86.19 per diluted share for the same period a year ago. Income before income taxes and non-controlling interests was JPY 52,446 million compared to JPY 70,024 million a year ago. Net cash provided by operating activities was JPY 42,763 million compared to JPY 22,218 million a year ago. Purchases of property, plant and equipment were JPY 31,013 million compared to JPY 24,130 million a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2016. For the year, the company expects net sales of JPY 1,120,000 million, operating income of JPY 90,000 million, ordinary income of JPY 89,000 million and net income attributable to shareholders of JPY 58,000 million or JPY 118.81 per share.