日本化学工業 released its consolidated results for the first half of fiscal 2024 (April-September). First-half net income was ¥2.02 billion, up approximately 51.9% year on year, while progress against the full-year plan was only 45.1%.
日本化学工業 reported consolidated net income of ¥2.02 billion for April-September, up 51.9% year on year. Net sales were ¥20,678 million, operating income was ¥2,401 million and ordinary income was ¥2,393 million. The full-year plan is ¥4.5 billion, but progress was only 45.1%, below the five-year average progress rate of 57.7%. The earnings release is available as a PDF.
Consolidated net income for the latest three-month period, July-September, expanded sharply to ¥1.12 billion, 8.5 times the year-earlier level, while the operating margin on net sales deteriorated to 2.0% from 2.8% a year earlier.