Nihon Nohyaku Co. Ltd. Announces Consolidated Earnings Results for the Year Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending March 31, 2017 and Year Ending September 30, 2017
November 13, 2016
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Nihon Nohyaku Co. Ltd. announced consolidated earnings results for the year ended September 30, 2016. For the period, the company reported net sales of JPY 50,641 million against 56,930 million a year ago. Operating income was JPY 4,426 million against JPY 9,951 million a year ago. Ordinary income was JPY 3,864 million against JPY 9,375 million a year ago. Profit attributable to owners of the parent was JPY 1,035 million or JPY 15.49 per share against JPY 5,625 million or JPY 84.16 per share a year ago. Profit before income taxes was JPY 2,470 million against JPY 8,411 million a year ago. Net cash provided by operating activities was JPY 3,968 million against JPY 6,745 million a year ago. Purchase of property, plant and equipment was JPY 1,069 million against JPY 1,743 million a year ago. Purchase of intangible assets was JPY 110 million against JPY 168 million a year ago.
For the six months ending March 31, 2017, on consolidated basis, the company expects net sales of JPY 35,700 million, operating income of JPY 4,000 million, ordinary income of JPY 3,700 million and profit attributable to owners of the parent of JPY 2,500 million or JPY 37.40 per share.
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.
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 Year Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending March 31, 2017 and Year Ending September 30, 2017