Nihon Nohyaku Co. Ltd. Announces Consolidated Earnings Results for the Nine Months Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2017; Provides Dividend Guidance for the Year Ending September 30, 2017
August 08, 2017
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Nihon Nohyaku Co. Ltd. announced consolidated earnings results for the nine months ended June 30, 2017. For the period, the company reported net sales of JPY 46,502 million against JPY 39,217 million a year ago. Operating income was JPY 3,478 million against JPY 5,030 million a year ago. Ordinary income was JPY 3,606 million against JPY 4,681 million a year ago. Profit attributable to owners of the parent was JPY 2,175 million or JPY 32.55 per share against JPY 2,727 million or JPY 40.81 per share a year ago. Income before income taxes and minority interests was JPY 3,650 million against JPY 4,325 million a year ago.
For the year ending September 30, 2017, on consolidated basis, the company expects net sales of JPY 59,500 million, operating income of JPY 3,900 million, ordinary income of JPY 3,600 million and profit attributable to owners of the parent of JPY 2,200 million or JPY 32.92 per share.
For the year ending September 30, 2017, the company expects to pay dividend of JPY 7.50 per share against JPY 7.50 per share paid 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 Nine Months Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2017; Provides Dividend Guidance for the Year Ending September 30, 2017