Nissan Chemical Corporation Provides Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31,2025
May 13, 2024 at 02:00 am EDT
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Nissan Chemical Corporation Provided Earnings Guidance for the six months ending September 30, 2024 and Year Ending March 31, 2025. For the six months, company expects net sales to be JPY 109,600 Operating income to be JPY 24,000, Net income attributable to owners of parent to be JPY 18,100 and basic earnings per share to be JPY 131.15,
For the year ended March 31, 2025, company expects net sales to be JPY 234,100 Operating income to be JPY 50,000, Net income attributable to owners of parent to be JPY 38,400 and basic earnings per share to be JPY 278.67.
Nissan Chemical Corporation specializes in manufacturing and marketing chemical products. Net sales break down by family of products as follows:
- performance materials (30.2%): polyimide resins, colloids, silicas, inorganic materials, etc. for the manufacturng of electronic products (semiconductors, LCD displays, etc.);
- agrochemical products (25.1%): insecticides (Sanmite, Starmite, Mito-Kohne, Leimay and Ikaruga brands), herbicides (Roundup, Targa, Sirius and Permit), fertilizers, etc.;
- basic chemicals and fine chemicals (11.3%): melamine, sulfuric acid, nitric acid, ammonia, etc.;
- pharmaceutical products (2.9%): primarily for treatment of angina, hypertension, cholesterol, etc.;
- other (25.8%).
The remaining sales (25.8%) are from the chemicals trading activity.
Net sales break down geographically as follows: Japan (47.7%), China (14.5%), Korea (10.3%), Asia (13.8%), Europe and the United States (13.7%).
NISSAN CHEMICAL CORPORATION 
