Dainichiseika Color & Chemicals Mfg. Co., Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
February 08, 2017
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Dainichiseika Color & Chemicals Mfg. Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company's net sales were JPY 116.938 billion, compared to JPY 121.037 billion a year ago. Operating income was JPY 9.138 billion, compared to JPY 8.116 billion a year ago. Ordinary income was JPY 9.138 billion, compared to JPY 8.564 billion a year ago. Profit attributable to owners of parent was JPY 7.471 billion, compared to JPY 6.1357 billion a year ago. Profit per share was JPY 80.49, compared to JPY 66.09 a year ago. Profit before income taxes was JPY 9.681 billion, compared to JPY 8.758 billion a year ago.
For the year ending March 31, 2017, the company expects consolidated net sales of JPY 161.000 billion, consolidated operating income of JPY 10.000 billion, consolidated ordinary income of JPY 10.400 billion, consolidated profit attributable to owners of parent of JPY 8.000 billion and consolidated profit per share of JPY 86.18.
DAINICHISEIKA COLOR & CHEMICALS MFG. CO., LTD. is a Japan-based comprehensive manufacturer of high-tech and color science. The Company operates in five business segments. The Chemical Product segment is engaged in the manufacture and sales of paints and printing inks, inorganic and organic pigments and processed pigments for information display and recording, as well as colorants for fibers. The Chemical segment is engaged in the manufacture and sales of colorants for plastics such as master batches and resin compounds, as well as UV electron beam curable coating agent. The Macromolecule segment is engaged in the manufacture and sale of urethane resin and nature polymeric products. The Printing Integrated System segment provides manufacturing and sales of printing ink and products and services incidental to the business. The Others segment is real estate leasing and financial business.
Dainichiseika Color & Chemicals Mfg. Co., Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017