Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Fiscal First Half of 2022 and Full Year Ending March 31, 2022
April 30, 2021 at 02:00 am
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Harima Chemicals Group, Inc. provided consolidated earnings guidance for the fiscal first half of 2022 and full year ending March 31, 2022. For the first half, the company expects net sales of JPY 33,400, operating income of JPY 880 million, net income attributable to Harima Chemicals Group, INC. of JPY 450 million or JPY 17.90 per share.
For the year, the company expects net sales of JPY 68,500, operating income of JPY 2,500 million, net income attributable to Harima Chemicals Group, INC. of JPY 1,250 million or JPY 49.73 per share.
Harima Chemicals Group Inc is a Japan-based company mainly engaged in the resin chemical product business, the paper chemical business, the electronic material business and the rotor business. The Company operates in four business segments. The Resin Chemical Product segment is engaged in the manufacture and sale of printing ink resin, paint resin, emulsifier for synthetic rubber, resin for adhesive and tall oil product. The Paper Chemical segment is engaged in the manufacture and sale of paper strength enhancer and sizing agent. The Electronic Material segment is engaged in the manufacture and sale of soldering material and brazing material for heat exchanger. The Rotor segment is engaged in the manufacture and sale of resin for adhesive and printing ink. The Company is also involved in the management of real estate.