Toagosei Co. Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended June 30, 2013; Announces Interim Dividend for the Year 2013, Payable on September 5, 2013; Provides Dividend Guidance for the Year 2013; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2013
August 01, 2013
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Toagosei Co. Ltd. reported consolidated earnings results for the second quarter ended June 30, 2013. For the period, the company reported net sales of JPY 73,643 million against JPY 72,852 million a year ago. Operating income was JPY 7,413 million against JPY 6,867 million a year ago. Ordinary income was JPY 7,968 million against JPY 7,048 million a year ago. Net income was JPY 5,115 million or JPY 19.41 per share against JPY 4,899 million or JPY 18.58 per share a year ago.
The company announced interim dividend of JPY 5.00 per share for the year 2013 against JPY 5.00 per share paid a year ago. Scheduled date of interim dividends payout is September 5, 2013.
The company expects to pay dividend of JPY 5.00 per share for the year 2013 against JPY 5.00 per share paid a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2013. For the period, the company expects sales of JPY 150,000 million, operating income of JPY 15,000 million, ordinary income of JPY 15,600 million, net income of JPY 10,000 million or JPY 37.93 per share.
TOAGOSEI CO., LTD. is a Japan-based company mainly engaged in the chemicals business and polymer and oligomer businesses. The Company operates through five business segments. The Basic Chemicals segment manufactures and sells sodium hydroxide, sodium hydroxide, sodium hypochlorite, sulfuric acid, industrial gases, and acrylic acid esters. The Polymer and Oligomer segment manufactures and sells acrylic polymers, polymer flocculants, and photo-curable resins. The Resin Processing Products segment manufactures and sells plumbing equipment products, building materials and civil engineering products, life support products, and elastomer compounds. The Adhesive Materials segment manufactures and sells instant adhesives and functional adhesives. The Advanced Inorganic Materials segment manufactures and sells high-purity inorganic chemicals and inorganic functional materials. It is also engaged in new products research and development business, transportation and trading company business.
Toagosei Co. Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended June 30, 2013; Announces Interim Dividend for the Year 2013, Payable on September 5, 2013; Provides Dividend Guidance for the Year 2013; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2013
TOAGOSEI CO., LTD. 
