Nissan Chemical's Agricultural Chemicals Segment sales decrease in FY 2020

Date:06-09-2021

Sales of Nissan Chemical’s Agricultural Chemicals Segment in the year ended March 31, 2021 were 63,848 million yen (a decrease of 189 million yen) and operating income was 18,202 million yen (a decrease of 1,050 million yen). Compared to the outlook, net sales were below 0.8billion yen and operating income was below 0.5 billion yen.

Sales of Fluralaner (active ingredients for veterinary pharmaceuticals) decreased due to the impact of inventories of customers. In the domestic agrochemicals segment, sales of "ALTAIR" (paddy rice herbicide) and "DITHANE" (fungicide) acquired in the third quarter of FY 2020 contributed to sales. On the other hand, sales of "ROUNDUP" (non-selective leaf treatment herbicide) were firm, and shipments of "GRACIA" (insecticide) declined due to moderate insect pests outbreaks. In the overseas agrochemicals segment, sales of "GRACIA", "ALTAIR" and "PERMIT" (herbicide) were robust.