Nihon Nohyaku Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Six Months and Fiscal Year 2016; Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year 2016
February 11, 2016
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Nihon Nohyaku Co. Ltd. announced consolidated earnings results for the first quarter ended December 31, 2015. For the quarter, the company reported net sales of JPY 7,450 million against JPY 9,840 million a year ago. Operating loss was JPY 1,035 million against JPY 54 million a year ago. Ordinary loss was JPY 1,414 million against JPY 301 million a year ago. Loss attributable to owners of the parent was JPY 1,135 million or JPY 16.99 per share against JPY 206 million or JPY 3.09 per share a year ago. Loss before income taxes and minority interests was JPY 1,417 million against JPY 303 million a year ago.
For the six months ending March 31, 2016, on consolidated basis, the company expects net sales of JPY 31,500 million, operating income of JPY 5,700 million, ordinary income of JPY 5,100 million and profit attributable to owners of the parent of JPY 3,100 million or JPY 46.38 per share.
For the year ending September 30, 2016, on consolidated basis, the company expects net sales of JPY 57,500 million, operating income of JPY 5,700 million, ordinary income of JPY 4,900 million and profit attributable to owners of the parent of JPY 2,800 million or JPY 41.89 per share.
For the second quarter ending March 31, 2016, the company expects to pay dividend of JPY 7.50 per share against JPY 7.50 per share announced a year ago.
For the year ending September 30, 2016, the company expects to pay year-end dividend of JPY 7.50 per share against JPY 7.50 per share announced a year ago.
NIHON NOHYAKU CO., LTD. is a manufacturer and sales of agrochemicals, the manufacture of medical products and the gardening, greenery and other construction works and other businesses. The Company operates in three segments. The Agrochemical segment is engaged in the manufacture and sales of insecticides, fungicides, insecticidal fungicides, herbicides, agricultural chemicals. The Chemical Besides Agrochemical segment manufactures and sells chemicals for wood materials, pesticide materials and medicines. The Others segment is involved in the design, construction and supervision of gardening, greenery and other construction works, the leasing of real estate, the distribution and storage of agricultural chemicals, as well as the analysis of agricultural chemical residues on the crops and in the environment.
Nihon Nohyaku Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Six Months and Fiscal Year 2016; Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year 2016