Financial Highlights

Financial Highlights

Net sales(Unit: millions of yen)

Operating profit(millions of yen)


(millions of yen)

FY2013 FY2014 FY2015 FY2016 FY2017
Net sales 35,687 34,688 33,826 34,739 38,693
Functional Colorants
8,993 8,296 7,624 8,231 10,997
Specialty Polymers
12,661 12,804 12,594 12,159 12,046
Basic Chemicals
6,780 6,671 6,719 6,768 7,024
Agro-Science
5,407 4,793 4,700 4,831 5,580
Logistics
1,765 1,948 2,511 2,820
Operating profit 34 796 828 2,129 3,903
Functional Colorants
△1,204 △991 △1,596 △423 1,413
Specialty Polymers
356 666 959 670 653
Basic Chemicals
86 153 672 919 805
Agro-Science
356 486 323 249 350
Logistics
447 453 708 631

Ordinary profit(Unit: millions of yen)

Profit attributable to owners of parent(Unit: millions of yen)


(millions of yen)

FY2013 FY2014 FY2015 FY2016 FY2017
Ordinary profit △310 730 633 2,094 4,169
Profit attributable to owners of parent △1,271 623 811 1,951 2,862

Total assets(Unit: millions of yen)

Net assets(Unit: millions of yen)


Equity ratio(Unit: %)


FY2013 FY2014 FY2015 FY2016 FY2017
Net assets(Unit: millions of yen) 29,151 32,107 31,056 33,857 35,869
Total assets(Unit: millions of yen) 50,926 54,483 51,133 53,430 54,997
Net assets per share(yen) 3,408.49 3,739.98 3,658.17 4,023.85 4,210.82
Earnings per share(yen) △160.80 78.90 102.59 246.86 362.29
Equity ratio(%) 52.9 54.3 56.6 59.5 60.5
Cash flows from operating activities(millions of yen) 2,861 2,753 2,322 3,100 4,215
Cash flows from investing activities(millions of yen) △3,800 △489 △780 △507 △960
Cash flows from financing activities(millions of yen) △423 △35 △1,880 △2,241 △3,210
Dividends per share(yen) 40.0 45.0 50.0 60.0 50.0
Dividend payout ratio(%) 57.0 48.7 24.3 13.8

FY2017 net sales by segment

Net sales
38,693million yen
  • Functional Colorants
  • 28.4%
  • 10,997 million yen
  • Specialty Polymers
  • 31.1%
  • 12,046 million yen
  • Basic Chemicals
  • 18.2%
  • 7,024 million yen
  • Agro-Science
  • 14.4%
  • 5,580 million yen
  • Logistics
  • 7.3%
  • 2,820 million yen
  • Others
  • 0.6%
  • 222 million yen

Functional Colorants Segment

Net sales

10,997million yen

Up 33.6% YoY


Operating profit

1,413million yen

YoY


The OLED Materials business saw a large increase in income due to an increase in demand in the area of displays. In the Dyes and Colors business, continued strong performance in the area of aluminum coloring dyes for digital home appliances led to an increase in income.
In contrast, continued sluggish demand for materials for printers led to a decrease in income in the Imaging Materials business.
As a result, net sales in this segment came to 10,997 million yen, with 1,413 million yen in operating profit.

Specialty Polymers Segment

Net sales

12,046million yen

Down 0.9% YoY


Operating profit

653million yen

Down 2.5% YoY


The Functional Polymers business was on par with the previous fiscal year thanks to steady demands for urethane materials and tire materials.
The Specialty Chemicals business led to increased income with increased demand for polymer-related components.
Meanwhile, in the Construction Materials business, competition in the area of waterproofing materials led to a reduction in income.
As a result, net sales in this segment came to 12,046 million yen,with 653 million yen in operating profit.

Basic Chemicals Segment

Net sales

7,024million yen

Up 3.8% YoY


Operating profit

805million yen

Down 12.4% YoY


Increased demands for hydrogen peroxide for the industrial chemicals and environmental areas led to an increase in income.
As a result, net sales in this segment came to 7,024 million yen, with 805 million yen in operating profit.

Agro-Science Segment

Net sales

5,580million yen

Up 15.5% YoY


Operating profit

350million yen

Up 40.6% YoY


Increased demands for herbicides for home gardening and cropland led to a large increase in income.
As a result, net sales in this segment came to 5,580 million yen, with 350 million yen in operating profit.

Logistics Segment

Net sales

2,820million yen

Up 12.3% YoY


Operating profit

631million yen

Down 10.9% YoY


Steady performance in the Warehousing business and increase in exports resulted in a large increase in income.
As a result, net sales in this segment came to 2,820 million yen, with 631 million yen in operating profit.