Nippon Kayaku Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 04, 2021 at 01:45 am
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Nippon Kayaku Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, Net sales were JPY 46,447 million against JPY 36,825 million reported a year ago. Operating income were JPY 5,938 million against JPY 2,773 million reported a year ago. Profit attributable to owners of parent were JPY 5,295 million against JPY 1,748 million reported a year ago. Primary earnings per share was JPY 31.05 against JPY 10.24 reported a year ago. Diluted earnings per share was JPY 31.05. Profit were JPY 5,309 million against JPY 1,748 million reported a year ago.
NIPPON KAYAKU CO., LTD. is primarily engaged in the manufacture and sale of functional chemical products. The Company has three business segments. The Functional Chemical segment manufactures and sells functional materials, such as epoxy resin, ultraviolet curable resin and high-performance chemicals; pigment materials, including functional dyes, pigment for inkjet printers and others; catalysts, such as catalysts for acrylic and methacrylic acid manufacturing, as well as coloring materials, such as dyes and special coloring materials for nonfibrous products, among others. The Pharmaceutical segment supplies pharmaceutical products, medical intermediates and diagnostic medicines, among others. The Safety Systems segment provides inflators for airbags and micro gas generators for seatbelt pretensioners. The Company is also engaged in the manufacture and sale of agricultural chemicals.