Japan Air Gases financial results


Japan Air Gases has released its consolidated sales for the financial year ended in December 2005.

Sales amounted to ¥135.76bn, up by 2.3 per cent, while ordinary profit came to ¥13,493m, up by 2.9 per cent. Profit for the term amounted to ¥8,465m, up by 19.4 per cent. Actual sales, however, with the exclusion of the gauge business (probe) sold off during the early part of the year, were up by 3.6 per cent with ordinary profit up by 4.6 per cent.

While the financial report is based on the Japanese accounting standard (consolidated), it was not audited. Profit for the term on an independent basis was up by 29.9 per cent over the previous year. This was due to the fact that a special profit of ¥1,610m was listed resulting from the selling off of the gauge business.

Only percentage change over the year of sales according to division were published. Sales of the Industrial Gas Division, however, which accounts for nearly 60 per cent of total sales were up by 3.3 per cent.

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