Nagase & Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
August 04, 2021 at 03:00 am EDT
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Nagase & Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects operating income of JPY 30,000 million and profit attributable to owners of the parent of JPY 22,500 million or JPY 185.05 per share.
Nagase & Co Ltd is a Japan-based company mainly engaged in the import, export, manufacture and sale of a wide range of products. The Company operates through five business segments. Functional Materials segment offers raw materials for paints, inks, adhesives, and other products. Processed Materials segment offers dyes, pigments, functional pigments, resins, automotive repair and conductive paints and others. Electronics and Energy segment offers modified epoxy resins, fluorine products, and materials and equipment for semiconductor, display, as well as energy management system proposals, battery evaluation and healthcare services. Mobility segment offers general synthetic resins, and other materials and parts for automobile. Life-related segment offers raw materials for pharmaceuticals and agrochemicals, food additive, cosmetic additives, and radiation measurement service. The Company also offers logistics services, information processing and other professional services.