Takasago has released its financial report for the second quarter, which spans April 1, 2020 to September 30, 2020, reporting ¥77,107 million in net sales, a decrease of 0.8% year-on-year.
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Broken into segments, the net sales in the flavors business decreased 2.3% year-on-year to ¥46,659 million.
In the aroma ingredients business, net sales decreased 15.4% year-on-year to ¥5,481 million while the fragrances business net sales rose 8% year-on-year to ¥21,442 million.
In the fine chemical business, net sales decreased 5.5% year-on-year to ¥2,802 million.
Operating profit during this period rose 106.1% year-on-year to ¥3,331 million. Ordinary profit rose 127.1% year on year to ¥3,403 million. Net income attributable to owners of parent rose 82.6% year on year to ¥3,035 million.
Total assets amounted to ¥182,473 million, down ¥356 million compared to the end of the previous fiscal year.
