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Nissan Chemical’s agrochemical sales up 1% in Q1 FY2017
Aug. 9, 2017
JapanSales of Nissan Chemical’s Agricultural Chemical segment rose by 0.9% to 14,601 million yen ($132.1 million at the current rate) in the first quarter of fiscal year 2017 ended June 30. Operating income was up by 1.2% to 4,543 million yen. Compared to first quarter target, the sales were above 1,100 million yen and operating income were above 700 million yen.
The domestic sales of “ALTAIR” (metazosulfuron) increased. “ROUNDUP” (glyphosate) were shipped earlier than as it was scheduled. “TARGA” (quizalofop-P-ethyl; herbicide for soybean, etc.) had healthy sales in Europe. Conversely, the sales of Fluralaner (the active substance of veterinary medical product) decreased due to the difference of shipment period.
Source: Nissan Chemical news release
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