Nagase & Co., Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2021
November 26, 2020 at 10:00 pm EST
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Nagase & Co., Ltd. provided earnings guidance for the full year ending March 31, 2021. For the year, the company expects net sales of JPY 754,000 million, operating income of JPY 15,000 million, Profit attributable to owners of the parent of JPY 12,500 million and earnings per share of JPY 100.80.
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.