Sumitomo Seika Chemicals Company Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
November 05, 2017
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Sumitomo Seika Chemicals Company Limited revised consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company now expects net sales of JPY 104,000 million, operating income of JPY 10,000 million, ordinary income of JPY 9,900 million, net income attributable to owners of parent of JPY 6,500 million or JPY 471.28 per share against previously forecast of JPY 101,000 million, operating income of JPY 9,500 million, ordinary income of JPY 9,400 million, net income attributable to owners of parent of JPY 6,000 million or JPY 435.09 per share.
Sumitomo Seika Chemicals Company, Limited. is a Japan-based chemical company. The Company operates in three segments. The Chemical Product segment manufactures and sells industrial chemicals, medical products, functional products, water-soluble polymers and fine-grained polymers. The Water Absorbing Resin segment provides super water absorbing resins. The Gas and Engineering segment is engaged in the manufacture and sale of medical gas, chemical gas, standard gas, electronics gas and industrial chemicals, as well as the design, manufacture and sale of pressure swing absorption (PSA) of oxygen/nitrogen/hydrogen gas generators and general chemical engineering equipment, among others.
SUMITOMO SEIKA CHEMICALS COMPANY, LIMITED. 
