Tohoku Chemical Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended June 30, 2016; Provides Earnings Guidance for the Year Ending September 30, 2016
August 01, 2016 at 11:00 am EDT
Share
Tohoku Chemical Co., Ltd. reported consolidated earnings results for the third quarter ended June 30, 2016. For the quarter, the company reported net sales were ¥22,640 million against ¥21,787 million a year ago. Operating income was ¥113 million against ¥93 million a year ago. Ordinary income was ¥142 million against ¥118 million a year ago. Profit attributable to owners of parent was ¥74 million against ¥63 million a year ago. Profit attributable to owners of parent was ¥15.79 per share against ¥13.49 a year ago. Net assets per share as of June 2016 were ¥991.51 against ¥1,008.85 as of September 2015.
For the year ending September 30, 2016, the company expected net sales of ¥30,800 million, operating income of ¥280 million, ordinary income of ¥306 million, Profit attributable to owners of parent of ¥130 million or ¥27.67 per share.
TOHOKU CHEMICAL CO., LTD. is a Japan-based company mainly engaged in the sale of industrial chemicals, clinical test reagents, foods, agrochemical materials and related equipment. The Company operates in four business segments. The Industrial Chemical segment provides industrial chemicals, such as soda chemicals, organic and inorganic chemicals, semiconductor chemicals, functional chemicals of synthetic resin and epidemic control insecticide, and related equipment, including analyzers, educational aids, measuring equipment, pollution control equipment. The Clinical Test Reagent segment provides clinical test reagents, such as reagents for hematology, biochemistry, endocrinology, immunoserology and bacteriology, and related equipment, including special consumables, testing consumables and medical hygienic products. The Food segment provides foods, food additives and food processing equipment. The Others segment provides agrochemicals and related equipment.
Tohoku Chemical Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended June 30, 2016; Provides Earnings Guidance for the Year Ending September 30, 2016