Nippon Kayaku : Notice of Revision to the Business Results Forecasts
August 03, 2022 at 03:22 am
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July 29, 2022
To whom it may concern,
Name of company:
Nippon Kayaku Co., Ltd.
Name of representative:
Atsuhiro Wakumoto, President
Code No.:
4272
Tokyo Stock Exchange, Prime Market
Contact:
Tsutomu Kawamura, Director
General Manager of Finance &
Accounting Division, Financial Group
(Tel: +81-3-6731-5842)
Notice of Revision to the Business Results Forecasts
In light of recent trends in business performance, Nippon Kayaku Co., Ltd. has revised the business results forecasts which were announced on May 12, 2022.
1. Consolidated business results forecasts for the first half of the fiscal year ending March 31, 2023 (April 1, 2022 to September 30, 2022)
Profit
Profit
Net
Operating
Ordinary
attributable
attributable
sales
income
income
to owners of
to owners of
parent
parent per
share
Previous forecast (A)
Million yen
Million yen
Million yen
Million yen
Yen
97,100
8,700
9,300
6,000
35.66
Current revised forecast (B)
103,900
12,600
15,000
10,500
62.41
Change (B-A)
6,800
3,900
5,700
4,500
Percentage change (%)
7.0
44.8
61.3
75.0
(Reference) Previous 1H
88,840
10,902
11,828
9,205
54.27
results (April 1 to September
30, 2021)
2. Consolidated business results forecasts for the fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023)
Profit
Profit
Net
Operating
Ordinary
attributable
attributable
sales
income
income
to owners of
to owners of
parent
parent per
share
Previous forecast (A)
Million yen
Million yen
Million yen
Million yen
Yen
196,800
18,400
19,400
14,000
83.21
Current revised forecast (B)
210,000
23,800
26,600
19,400
115.31
Change (B-A)
13,200
5,400
7,200
5,400
Percentage change (%)
6.7
29.3
37.1
38.6
(Reference) Previous results
184,805
21,050
23,154
17,181
101.70
(the fiscal year ending March
31, 2022)
3. Reasons for the Revision
With respect to the forecast of consolidated results for the 2Q (cumulative), net sales, operating income, ordinary income, and net income attributable to owners of the parent are expected to exceed previously announced forecast figures due to the impact of foreign exchange rates and reductions in the cost of sales ratio, etc.
With respect to the full-year consolidated financial results forecast, from the 3Q onward, net sales, operating income, ordinary income, and profit attributable to owners of parent have been revised to reflect the impact of the most recent exchange rate trends on the previously announced forecast figures.
Note: The business results forecasts were calculated based on information currently available on the date they were announced. Actual performance may differ from numerical forecasts due to various factors that may affect results in the future.
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Nippon Kayaku Co. Ltd. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 07:21:14 UTC.
NIPPON KAYAKU CO., LTD. is primarily engaged in the manufacture and sale of functional chemical products. The Company has three business segments. The Functional Chemical segment manufactures and sells functional materials, such as epoxy resin, ultraviolet curable resin and high-performance chemicals; pigment materials, including functional dyes, pigment for inkjet printers and others; catalysts, such as catalysts for acrylic and methacrylic acid manufacturing, as well as coloring materials, such as dyes and special coloring materials for nonfibrous products, among others. The Pharmaceutical segment supplies pharmaceutical products, medical intermediates and diagnostic medicines, among others. The Safety Systems segment provides inflators for airbags and micro gas generators for seatbelt pretensioners. The Company is also engaged in the manufacture and sale of agricultural chemicals.