Hodogaya Chemical Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2019. Net sales were JPY 17,549 million compared to JPY 17,213 million a year ago. Operating profit was JPY 811 million compared to JPY 1,129 million a year ago. Ordinary profit was JPY 792 million compared to JPY 1,377 million a year ago. Profit attributable to owners of the parent was JPY 562 million compared to JPY 993 million a year ago. Net income per basic shares was JPY 71.23 compared to JPY 125.79 a year ago.

For the year ending March 31, 2020, the company expects net sales of JPY 36,000 million, operating profit of JPY 1,400 million, ordinary profit of JPY 1,400 million, Profit attributable to owners of the parent of JPY 600 million and earnings per share of JPY 75.92.