Kaneka Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; Provides Consolidated Financial Guidance for the Year Ending March 31, 2020
February 11, 2020
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Kaneka Corporation announced consolidated financial results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 452,467 million against JPY 467,615 million for the same period a year ago. Operating income was JPY 18,891 million against JPY 26,619 million for the same period a year ago. Net income was JPY 10,299 million against JPY 15,970 million for the same period a year ago. Net income per share was JPY 141.55 per share against JPY 223.90 per share for the same period a year ago. Fully diluted net income per share was JPY 141.28 per share against JPY 223.54 per share for the same period a year ago.
For the year ending March 31, 2020, the company expects net sales to be JPY 610,000 million, operating income to be JPY 28,000 million, net income attributable to owners of parent to be JPY 15,500 million, and net income per share to be JPY 237.64 per share.
KANEKA CORPORATION is a Japan-based company engaged in four business segments. The Material Solutions Unit segment includes general purpose vinyl chloride resin, caustic soda, polyvinyl chloride special resin, modifier, modified silicone polymer, biodegradable polymer. Quality of Life Solutions Unit segment includes expanded styrene resin and molded products, extruded polystyrene foam boards, bead method expanded polyolefin, solar circuit method, super heat resistant polyimide films, optical materials, super heat conductive graphite sheets, solar cells, storage batteries for housing and others. The Health Care Solutions Unit segment includes medical devices, low molecular weight pharmaceutical raw materials, biopharmaceuticals, etc. The Nutrition Solutions Unit segment includes functional food ingredients, margarine, shortening, baker's yeast, spices, antifreeze ingredients, functional fertilizers and feeds.
Kaneka Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; Provides Consolidated Financial Guidance for the Year Ending March 31, 2020
KANEKA CORPORATION 
