Nippon Shokubai Co. Ltd. Reports Earnings Results for the First Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
January 04, 2016 at 12:58 pm EST
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Nippon Shokubai Co. Ltd. reported earnings results for the first six months ended September 30, 2015. For the period, the company reported profit attributable to owners of parent of JPY 14.48 billion, or JPY 356.74 per share, compared to JPY 7.48 billion, or JPY 184.26 per share, for the same period ended September 30, 2014. Net sales for the first six months ended September 30, 2015 were JPY 167.05 billion, compared to JPY 179.29 billion for the same period ended September 30, 2014. Operating income was JPY 16.37 billion, compared to JPY 10.27 billion for the same period ended September 30, 2014. Ordinary income was JPY 18.22 billion, compared to JPY 12.11 billion for the same period ended September 30, 2014.
For the fiscal year ending March 31, 2016, the company expects profit attributable to owners of parent to be JPY 25 billion and earnings per share to be JPY 615.96. Net sales expects to be JPY 330 billion, operating income to be JPY 31 billion and ordinary income to be JPY 34 billion.
NIPPON SHOKUBAI CO., LTD. is engaged in the manufacture and sale of chemicals. The Company has three business segments. The Basic Chemical segment manufactures and sells acrylic acid, acrylic acid ester, ethylene oxide, ethylene glycol, ethanolamine, and glycol ethers. The Functional Chemical segment is involved in the manufacture and sale of water-absorbing resins, medical intermediates, polymers for concrete admixtures, electronic information materials, iodine, maleic anhydrides, adhesives, resins for coating materials, resin molding products and processed adhesive products. The Environmental and Catalytic segment manufactures and sells automobile catalysts, nitrogen oxide (NOx) removal catalysts, process catalysts and others.
Nippon Shokubai Co. Ltd. Reports Earnings Results for the First Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
NIPPON SHOKUBAI CO., LTD. 
