Fujikura Kasei Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 13, 2020
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Fujikura Kasei Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 41,264 million against JPY 42,403 million a year ago. Operating profit was JPY 1,615 million against JPY 2,478 million a year ago. Ordinary profit was JPY 1,829 million against JPY 2,654 million a year ago. Profit attributable to owners of parent was JPY 1,184 million or JPY 37.19 per share against JPY 1,683 million or JPY 52.89 per share a year ago.
For the year ending March 31, 2020, the company expected net sales of JPY 55,000 million, operating profit of JPY 2,300 million, Ordinary profit of JPY 2,500 million, Profit attributable to owners of parent of JPY 1,700 million or JPY 53.41 per share.
FUJIKURA KASEI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of coatings, paints for buildings, electronic materials, functional materials, chemical products, synthetic resins and other derivative products of acrylic resins. The Company operates in five business segments. The Coating segment offers coating materials that are used in plastics. The Paint segment produces coating materials for construction purpose. The Electronic Materials segment produces conductive resin paints and conductive adhesives. The Chemical Product segment produces binder resins for toners, viscous and adhesive base resins, and other functional resin bases. The Synthetic Resin segment purchases raw materials and processed products of acrylic resin.
Fujikura Kasei Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020