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Kao reports business results for FY 2009: fabric and home care

Publisher
Elsevier Science
Year
2010
Weight
61 KB
Volume
2010
Category
Article
ISSN
1351-4210

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Novecare provides high-performance products and solutions to a wide range of industries including cosmetics, detergents, agrochemicals and oil, as well as industrial applications. Novecare's Home & Personal Care and Agro segments demonstrated resilience while Oilfield and Industrial applications exp

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Corp's sales from its fabric and home care segment rose to Yen 65 bn in 1Q FY 2009 (three months ended 30 Jun 2009) from Yen 63.9 bn in 1Q FY 2008 (period ended 30 Jun 2008), while operating income increased to Yen 12.5 bn from Yen 10.3 bn. Japanese sales of fabric care products were firm with the l

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increase in organic sales was attributable to the growth regions of Eastern Europe, Africa/Middle East and Latin America which, in some cases, posted double-digit percentage improvements. In Western Europe and North America, on the other hand, the difficult market environment impeded sales performan