Inabata & Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 08, 2023 at 10:00 pm EDT
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Inabata & Co.,Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of JPY 390,000 million, operating profit of JPY 10,000 million and profit attributable to owners of parent of JPY 11,000 million or JPY 197.02 per share.
For the full year ending March 31, 2024, the company expects net sales of JPY 800,000 million, operating profit of JPY 21,000 million and profit attributable to owners of parent of JPY 21,000 million or JPY 376.14 per basic share.
Inabata & Co., Ltd. is a Japan-based company that sells information and electronics, chemicals and other products. It operates in five business segments. The Information and Electronics segment provides semiconductors and liquid crystal materials, machinery equipment, ink for copiers and printers, as well as materials for electronics industry. The Chemical segment offers raw materials of automobile components, resins and gum, paintings and inks, paper manufacturing chemicals. The Living Industry segment sells intermediates for medical and agricultural chemicals, fine chemicals, raw materials of pesticide and toiletries, functional food, marine products, agricultural products, and starches. The Synthetic Resin segment provides general-purpose resins and engineering plastic. The Housing Environment segment sells wood, bonded wood, wood construction materials, housing equipment and housing-related materials.