Ichikawa Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017
January 30, 2018
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Ichikawa Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. The company reported profit of JPY 364,888,000 compared to JPY 74,659,000 a year ago. Net sales were JPY 9,275,628,000 compared to JPY 8,406,438,000 a year ago. Operating income was JPY 581,838,000 compared to JPY 241,848,000 a year ago. Ordinary profit was JPY 605,421,000 compared to JPY 225,860,000 a year ago. Income before income taxes was JPY 601,256,000 compared to JPY 255,860,000 a year ago. Profit attributable to owners of parent was JPY 364,888,000 compared to JPY 74,659,000 a year ago.
ICHIKAWA CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of paper making products and industrial products. The Company operates through five business segments. The Paper Making Product (Japan, the Americans, Europe, and China) segment is mainly engaged in the manufacture and sale of paper making felts, paper making belts and slate felts. The Company distributes its products within the domestic market and to overseas markets, including the Americas, Europe and China. The Industrial Product segment is mainly engaged in the manufacture and sale of industrial felts and related industrial products. The Company is also engaged in the warehouse business.