Mitani Sangyo Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Announces Consolidated Earnings Guidance for the Year Ending March 31, 2020
January 30, 2020 at 09:00 pm EST
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Mitani Sangyo Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 55,354 million against JPY 60,491 million for the same period last year. Operating profit was JPY 1,408 million against JPY 962 million for the same period last year. Ordinary profit was JPY 2,011 million against JPY 1,467 million for the same period last year. Profit was JPY 1,371 million against JPY 650 million for the same period last year. Earnings per share was JPY 20.15 against JPY 12.67 for the same period last year.
For the year ending March 31, 2020, the company expects Net sales of JPY 77,000 million, Operating profit of JPY 2,600 million, Ordinary profit of JPY 3,100 million, Profit attributable to owners of parent of JPY 2,020 million and EPS of JPY 32.81.
MITANI SANGYO CO.,LTD. is a Japan-based company mainly engaged in the chemical-related business and others. The Company operates through six business segments. The Chemical segment provides hydrochloric, caustic soda, and other inorganic and organic chemicals, among others. The Air Conditioning Equipment segment offers air conditioning, plumbing sanitary and fire-fighting equipment, and others. The Information System segment provides system integration service, package software development, information infrastructure construction and other services. The Energy segment provides petroleum products, liquefied petroleum gas (LPG), fuel batteries for home use, solar power and wind power systems. The Resin and Electronics segment offers molds, synthetic resins and electronic components. The Building Equipment and Machinery segment provides housing facilities and system kitchen, and installment service. The Company is also involved in the building maintenance and management and others.
Mitani Sangyo Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Announces Consolidated Earnings Guidance for the Year Ending March 31, 2020
MITANI SANGYO CO., LTD. 
