Sumitomo Seika Chemicals Company Limited Provides Revised Guidance for the Year Ending March 31, 2017
March 30, 2017
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Sumitomo Seika Chemicals Company Limited provided revised guidance for the year ending March 31, 2017. For the period, the company’s net sales to be expected as JPY 98,000 million as compared to previously expected JPY 94,000 million for the same period. Operating income to be expected as JPY 10,000 million as compared to previously expected JPY 9,000 million for the same period. Net income attributable to owners of the parent to be expected as JPY 5,500 million as compared to previously expected JPY 5,000 million for the same period. Net income per share to be expected as JPY 398.77 as compared to previously expected JPY 362.58 for the same period.
Sumitomo Seika Chemicals Company, Limited. is a Japan-based chemical company. The Company operates in three segments. The Chemical Product segment manufactures and sells industrial chemicals, medical products, functional products, water-soluble polymers and fine-grained polymers. The Water Absorbing Resin segment provides super water absorbing resins. The Gas and Engineering segment is engaged in the manufacture and sale of medical gas, chemical gas, standard gas, electronics gas and industrial chemicals, as well as the design, manufacture and sale of pressure swing absorption (PSA) of oxygen/nitrogen/hydrogen gas generators and general chemical engineering equipment, among others.
SUMITOMO SEIKA CHEMICALS COMPANY, LIMITED. 
