Taoka Chemical Co. Ltd. Announces Unaudited Consolidated Earnings Results for the Half Year Ended September 30, 2013; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2014
October 28, 2013
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Taoka Chemical Co. Ltd. announced unaudited consolidated earnings results for the half year ended September 30, 2013. For the half year, the company reported net sales of JPY 8,349 million against JPY 8,309 million a year ago. Operating income was JPY 171 million against JPY 163 million a year ago. Ordinary income was JPY 122 million against JPY 146 million a year ago. Net income was JPY 69 million or JPY 4.83 per share against JPY 52 million or JPY 3.68 per share a year ago. Income before income taxes and minority interests was JPY 108 million against JPY 72 million a year ago. Income before minority interests was JPY 69 million against JPY 52 million a year ago.
For the fiscal year ending March 31, 2014, the company expects to report net sales of JPY 18,100 million, operating income of JPY 620 million, ordinary income of JPY 560 million, and net income of JPY 300 million or JPY 20.90 per share.
TAOKA CHEMICAL COMPANY, LIMITED is a Japan-based company mainly engaged in the chemical business. The Company is mainly engaged in the manufacture and sale of pharmaceutical intermediates, agricultural chemicals intermediates, electronic components materials, resin raw materials, dyes and other fine chemicals, adhesives, rubber additives and other functional chemical materials, processed resins, varnishes and other functional resins, as well as plasticizers, methyl esters and other chemical products. The Company is also engaged in the chemical analysis contract business.
Taoka Chemical Co. Ltd. Announces Unaudited Consolidated Earnings Results for the Half Year Ended September 30, 2013; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2014