DATA BOOK
FY2023 (3rd Quarter ended December 31,2022)
V-ACTION for sustainability
INDEX | |
Performance | 1 |
Segment Information | 2 |
Overseas Sales | 4 |
Balance Sheets | 5 |
Statements of Income | 7 |
February 2nd,2023
Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
DATA BOOK 2023
Performance (Consolidated)
Net | sales | ||||||||||||||||
Millions of yen | |||||||||||||||||
100,000 | |||||||||||||||||
80,000 | 80,515 | 81,000 | |||||||||||||||
70,572 | 20,578 | ||||||||||||||||
19,563 | 61,400 | ||||||||||||||||
60,000 | |||||||||||||||||
20,270 | 19,688 | ||||||||||||||||
40,000 | 18,789 | ||||||||||||||||
20,550 | |||||||||||||||||
20,024 | |||||||||||||||||
20,000 | 16,243 | ||||||||||||||||
19,642 | 21,161 | ||||||||||||||||
15,977 | |||||||||||||||||
0 | |||||||||||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 forecast | ||||||||||||||
1Q | 2Q | 3Q | 4Q | ||||||||||||||
Operating income
Millions of yen
5,000 | |||||
4,000 | 3,257 | 3,304 | |||
38 | |||||
3,000 | 967 | 789 | |||
2,000 | 1,319 | 772 | |||
1,000 | 169 | 1,703 | |||
0 | 800 | 571 | |||
-135(2Q) | |||||
-1,000 | -1,426(3Q) | -2,300 | |||
-2,000 | -990 | ||||
-3,000 | |||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 forecast | ||
1Q | 2Q | 3Q | 4Q |
Ordinary income | ||||||||||
Millions of yen | ||||||||||
5,000 | ||||||||||
4,000 | 3,652 | 3,566 | ||||||||
214 | ||||||||||
3,000 | 1,067 | |||||||||
780 | ||||||||||
2,000 | 1,416 | 742 | ||||||||
1,000 | 299 | 1,828 | 33(2Q) | |||||||
0 | 868 | 722 | ||||||||
-1,000 | -1,365(3Q) | -2,100 | ||||||||
-2,000 | -609 | |||||||||
-3,000 | ||||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 forecast | |||||||
1Q 2Q 3Q 4Q
Profit attributable to owners of parent
Millions of yen
5,000
4,000
3,000 | |||||||||
2,169 | 1,502 | ||||||||
2,000 | |||||||||
430 | 383 | ||||||||
1,000 | 1,027 | 461 | |||||||
197 | 1,271 | ||||||||
0 | 513 | 376 | |||||||
-1,000 | -614(4Q) | -1,602(2Q) | |||||||
-3,900 | |||||||||
-2,000 | |||||||||
-3,000 | -1,495(3Q) | ||||||||
-4,000 | -2,721 | ||||||||
-5,000 | |||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 forecast | ||||||
1Q 2Q 3Q 4Q
FY 2021 (3Q) | FY 2022 (3Q) | FY 2023 (3Q) | FY 2021 | FY 2022 | FY 2023 forecast | |||||||
Consolidated | ||||||||||||
Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | |
yen | yen | yen | yen | yen | yen | |||||||
Net sales | 51,009 | △ 7.4 | 59,937 | 17.5 | 61,400 | 2.4 | 70,572 | △ 3.3 | 80,515 | 14.1 | 81,000 | 0.6 |
Operating income | 2,289 | 10.4 | 3,265 | 42.6 | △ 990 | - | 3,257 | 26.5 | 3,304 | 1.4 | △ 2,300 | - |
Ordinary income | 2,584 | 8.3 | 3,351 | 29.7 | △ 609 | - | 3,652 | 24.8 | 3,566 | △ 2.3 | △ 2,100 | - |
Profit attributable to | 1,738 | 15.5 | 2,117 | 21.8 | △ 2,721 | - | 2,169 | 25.3 | 1,502 | △ 30.7 | △ 3,900 | - |
owners of parent | ||||||||||||
Capital expenditure, etc.
FY 2021 (3Q) | FY 2022 (3Q) | FY 2023 (3Q) | FY 2021 | FY 2022 | FY 2023 forecast | |||||||
Consolidated | ||||||||||||
Millions of | Increase | Millions of | Increase | Millions of | Increase | Millions of | Increase | Millions of | Increase | Millions of | Increase | |
yen | /Decrease | yen | /Decrease | yen | /Decrease | yen | /Decrease | yen | /Decrease | yen | /Decrease | |
Capital investment | 1,935 | △ 67 | 3,455 | 1,519 | 2,954 | △ 500 | 18,559 | 14,626 | 6,567 | △ 11,991 | 6,560 | △ 7 |
Depreciation | 2,226 | 47 | 2,182 | △ 43 | 2,958 | 776 | 2,980 | 93 | 3,120 | 139 | 4,760 | 1,639 |
R&D expenses | 2,359 | 117 | 2,274 | △ 84 | 2,256 | △ 18 | 3,247 | 205 | 3,100 | △ 147 | 3,480 | 379 |
Interest-bearing debt | 21,772 | 2,415 | 24,743 | 2,970 | 38,440 | 13,696 | 21,789 | 2,743 | 26,680 | 4,891 | 39,000 | 12,319 |
EBITDA | 4,662 | 198 | 5,524 | 861 | 1,968 | △ 3,556 | 6,423 | 680 | 6,500 | 77 | 2,460 | △ 4,040 |
[ EBITDA ] Operating profit before amortization = Operating profit + Depreciation expense + Amortization of goodwill
1
DATA BOOK 2023
Segment Information (Consolidated)
Functional Coating Chemicals
Net sales(Millions of yen)
Segment income(Millions of yen)
25,000
20,000
15,000
10,000
5,000
0
15,147 | 16,226 | 16,000 | ||||||||||||
4,034 | 12,107 | |||||||||||||
3,994 | ||||||||||||||
4,066 | 4,109 | |||||||||||||
4,151 | ||||||||||||||
3,961 | 3,879 | |||||||||||||
3,605 | ||||||||||||||
3,396 | 4,164 | 4,119 | ||||||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | |||||||||||
forecast | ||||||||||||||
1Q | 2Q | 3Q | 4Q | |||||||||||
2,000 | ||||||
1,500 | ||||||
1,114 | 1,082 | |||||
1,000 | 187 | 157 | ||||
399 | 248 | 500 | ||||
64 | 393 | |||||
500 | 338 | |||||
319 | ||||||
108 | ||||||
337 | ||||||
0 | 207 | 220 | ||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | |||
forecast | ||||||
1Q | 2Q | 3Q | 4Q | full-year |
Paper Chemicals & Environmental Business
Net sales(Millions of yen)
25,000 | |||||||||||||||||
20,000 | 17,104 | 18,652 | 21,000 | ||||||||||||||
15,808 | |||||||||||||||||
15,000 | 4,640 | ||||||||||||||||
4,637 | |||||||||||||||||
5,404 | |||||||||||||||||
4,874 | |||||||||||||||||
10,000 | 4,596 | ||||||||||||||||
5,487 | |||||||||||||||||
4,807 | |||||||||||||||||
5,000 | 3,939 | ||||||||||||||||
4,330 | 4,916 | ||||||||||||||||
0 | 3,930 | ||||||||||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | ||||||||||||||
forecast | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | ||||||||||||||
Segment income(Millions of yen)
1,200 | |||||
969 | |||||
900 | 110 | ||||
565 | 240 | ||||
600 | |||||
211 | 321 | 275 | 350 | ||
300 | |||||
303 | 297 | 44 | |||
2327 | 157 | ||||
0 | 73 | ||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | ||
forecast | |||||
1Q | 2Q | 3Q | 4Q | full-year |
Adhesive & Biomass Materials
Net sales(Millions of yen)
40,000
30,000 | 32,530 | 30,800 | ||||||||||||||||
25,804 | 8,480 | 23,438 | ||||||||||||||||
20,000 | 7,560 | |||||||||||||||||
8,223 | ||||||||||||||||||
7,352 | ||||||||||||||||||
6,690 | ||||||||||||||||||
10,000 | 7,954 | 7,525 | ||||||||||||||||
5,804 | ||||||||||||||||||
8,560 | ||||||||||||||||||
7,871 | ||||||||||||||||||
0 | 5,750 | |||||||||||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | |||||||||||||||
forecast | ||||||||||||||||||
1Q | 2Q | 3Q | 4Q | |||||||||||||||
Segment income(Millions of yen)
2,000 | 1,554 | ||||
206 | |||||
1,000 | 453 | ||||
530 | -42(1Q) | ||||
183 | |||||
0 | 175 | ||||
395 | 507 | -371(2Q) | |||
-120(3Q) | -363(4Q) | ||||
-1,000 | -1,545(3Q) | ||||
-2,000 | -1,959 | ||||
-3,000 | |||||
-4,000 | -3,700 | ||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | ||
forecast | |||||
1Q | 2Q | 3Q | 4Q | full-year |
Fine Chemicals & Electronics
Net sales(Millions of yen)
20,000
15,000 | |||||||||||||||||
12,252 | 12,826 | 13,000 | |||||||||||||||
10,000 | 3,318 | 3,369 | 9,874 | ||||||||||||||
3,028 | 2,802 | ||||||||||||||||
3,281 | |||||||||||||||||
5,000 | 3,580 | ||||||||||||||||
3,220 | |||||||||||||||||
2,819 | |||||||||||||||||
3,492 | |||||||||||||||||
3,207 | |||||||||||||||||
0 | 2,833 | ||||||||||||||||
FY 2021 | FY 2022 | FY 2023 | FY 2023 | ||||||||||||||
forecast | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | ||||||||||||||
Segment income(Millions of yen)
800
600 | 528 | 552 | ||||||||
374 | ||||||||||
400 | 196 | 275 | 550 | |||||||
200 | 231 | 125 | 150 | |||||||
56 | ||||||||||
2 | ||||||||||
173 | ||||||||||
166 | ||||||||||
0 | 97 | |||||||||
-22(2Q)
-200
FY 2021 | FY 2022 | FY 2023 | FY 2023 |
forecast |
1Q 2Q 3Q 4Q full-year
2
DATA BOOK 2023 | ||||||||||||||
Segment Information (Consolidated) | ||||||||||||||
FY 2021 (3Q) | FY 2022 (3Q) | FY 2023 (3Q) | FY 2021 | FY 2022 | FY 2023 forecast | |||||||||
Consolidated | ||||||||||||||
Miliions of | % Change | Miliions of | % Change | Miliions of yen | % Change | Miliions of | % Change | Miliions of | % Change | Miliions of | % Change | |||
yen | yen | yen | yen | yen | ||||||||||
Functional | Net sales ※1 | 11,153 | △ 4.5 | 12,192 | 9.3 | 12,107 | △ 0.7 | 15,147 | △ 2.3 | 16,226 | 7.1 | 16,000 | △ 1.4 | |
Coating | Segment income | 927 | 92.0 | 924 | △ 0.3 | 393 | △ 57.5 | 1,114 | 75.0 | 1,082 | △ 2.9 | 500 | △ 53.8 | |
Chemicals | ||||||||||||||
Segment income/sales | 8.3% | 7.6% | 3.2% | 7.4% | 6.7% | 3.1% | ||||||||
Paper | Net sales ※1 | 12,466 | △ 14.0 | 14,012 | 12.4 | 15,808 | 12.8 | 17,104 | △ 9.6 | 18,652 | 9.1 | 21,000 | 12.6 | |
Chemicals & | ||||||||||||||
Segment income | 354 | △ 7.0 | 859 | 142.7 | 275 | △ 67.9 | 565 | 63.1 | 969 | 71.4 | 350 | △ 63.9 | ||
Environmental | ||||||||||||||
Business | Segment income/sales | 2.8% | 6.1% | 1.7% | 3.3% | 5.2% | 1.7% | |||||||
Adhesive & | Net sales ※1 | 18,244 | △ 8.8 | 24,049 | 31.8 | 23,438 | △ 2.5 | 25,804 | △ 2.3 | 32,530 | 26.1 | 30,800 | △ 5.3 | |
Biomass | Segment income | 1,100 | △ 9.0 | 570 | △ 48.2 | △ 1,959 | - | 1,554 | 12.2 | 206 | △ 86.7 | △ 3,700 | - | |
Materials | ||||||||||||||
Segment income/sales | 6.0% | 2.4% | △8.4% | 6.0% | 0.6% | △12.0% | ||||||||
Fine Chemicals | Net sales ※1 | 8,933 | 2.7 | 9,456 | 5.9 | 9,874 | 4.4 | 12,252 | 3.4 | 12,826 | 4.7 | 13,000 | 1.4 | |
& | Segment income | 331 | 0.9 | 276 | △ 16.5 | 374 | 35.3 | 528 | 36.9 | 552 | 4.6 | 550 | △ 0.4 | |
Electronics | ||||||||||||||
Segment income/sales | 3.7% | 2.9% | 3.8% | 4.3% | 4.3% | 4.2% | ||||||||
Net sales ※1 | 211 | △ 6.5 | 226 | 7.4 | 171 | △ 24.5 | 263 | △ 5.2 | 279 | 6.2 | 200 | △ 28.4 | ||
Others | ||||||||||||||
Segment income | 19 | △ 24.0 | 36 | 85.0 | 29 | △ 19.9 | 26 | △ 16.2 | 45 | 72.8 | 40 | △ 11.8 | ||
Segment income/sales | 9.4% | 16.2% | 17.2% | 10.0% | 16.2% | 20.0% | ||||||||
Net sales ※1 | 51,009 | △ 7.4 | 59,937 | 17.5 | 61,400 | 2.4 | 70,572 | △ 3.3 | 80,515 | 14.1 | 81,000 | 0.6 | ||
Subtotal | ||||||||||||||
Segment income | 2,733 | 12.5 | 2,667 | △ 2.4 | △ 887 | - | 3,789 | 36.0 | 2,855 | △ 24.6 | △ 2,260 | - | ||
Segment income/sales | 5.4% | 4.4% | △1.4% | 5.4% | 3.5% | △2.8% | ||||||||
*Development | △ 279 | - | △ 326 | - | △ 301 | - | △ 377 | - | △ 437 | - | △ 410 | - | ||
Investment ※2 | ||||||||||||||
Consolidated | Segment income | 2,454 | 11.1 | 2,340 | △ 4.6 | △ 1,188 | - | 3,411 | 36.9 | 2,418 | △ 29.1 | △ 2,670 | - | |
total | ||||||||||||||
Segment income/sales | 4.8% | 3.9% | △1.9% | 4.8% | 3.0% | △3.3% | ||||||||
※1 The sales of business segmentation do not include intersegment sales.
The Accounting Standard for Revenue Recognition is applied from the beginning of the fiscal year ending march 31, 2022. ※2 Applied research and development expense that will be the source of growth in the medium to long term.
[Functional Coating Chemicals] UV/EB curable resin,Resins for paint and printing ink,etc.
[Paper chemicals & Environmental Business] Paper strengthening agent,Sizing agent,New water-based polymer,etc.
[Adhesive & Biomass Materials] Hydrogenated hydrocarbon resin,Adhesive resin,Colorless rosin derivative,Synthetic rubber polymerization emulsifier,etc.
[Fine Chemicals & Electronics] Precise parts cleaning agent and Cleaning system and its peripheral equipment,Thermoplastic Polyimide Solution,Fine chemical Products,Compounded Products for electronic material,Polishing agent for hard disk substrates,etc.
[Others] Insurance business, Real estate management, etc.
3
DATA BOOK 2023
Overseas Sales (Consolidated)
Overseas Sales (Consolidated)
Millions of yen
50,000 South and North America, Europe, Others
Asia (Excluding China) | Overseas sales ratio |
China | |
43.9 | 43.8 |
40,000 38.4
30,000
26,331 | 26,878 | ||
5,268 | 5,317 | ||
19,596 | |||
20,000 | |||
3,889 | 9,194 | 9,966 | |
6,402 | |||
10,000 | |||
11,868 | 11,594 | ||
9,305 | |||
0
FY 2021 (3Q) FY 2022 (3Q) FY 2023 (3Q)
% | Millions of yen | % | ||||||
50.0 | 50,000 | 50.0 | ||||||
44.5 | 43.2 | |||||||
40.0 | 40,000 | 39.5 | 40.0 | |||||
35,849 | 35,000 | |||||||
30.0 | 6,884 | 6,500 | ||||||
30,000 | 30.0 | |||||||
27,905 | ||||||||
5,117 | ||||||||
12,695 | 13,500 | |||||||
20.0 | 20,000 | 20.0 | ||||||
9,175 | ||||||||
10.0 | 10,000 | 10.0 | ||||||
13,613 | 16,269 | 15,000 | ||||||
0.0 | 0 | 0.0 | ||||||
FY 2021 | FY 2022 FY 2023 forecast | |||||||
FY 2021 (3Q) | FY 2022 (3Q) | FY 2023 (3Q) | FY 2021 | FY 2022 | FY 2023 forecast | |||||||||
Consolidated | ||||||||||||||
Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | |||
yen | yen | yen | yen | yen | yen | |||||||||
Overseas sales | 19,596 | △ 3.6 | 26,331 | 34.4 | 26,878 | 2.1 | 27,905 | 3.3 | 35,849 | 28.5 | 35,000 | △ 2.4 | ||
Overseas sales in Asia | 15,707 | △ 2.6 | 21,062 | 34.1 | 21,560 | 2.4 | 22,788 | 5.1 | 28,965 | 27.1 | 28,500 | △ 1.6 | ||
Overseas sales in | 9,305 | △ 0.5 | 11,868 | 27.6 | 11,594 | △ 2.3 | 13,613 | 8.7 | 16,269 | 19.5 | 15,000 | △ 7.8 | ||
China | ||||||||||||||
Overseas sales ratio | 38.4% | 43.9% | 43.8% | 39.5% | 44.5% | 43.2% | ||||||||
Overseas sales by region (Consolidated)
Millions of yen | |
5,000 | |
4,000 | |
3,000 | |
2,000 | |
1,000 | China |
Asia (Excluding China) | |
0 | South and North America, Europe, Others |
4 |
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Arakawa Chemical Industries Ltd. published this content on 02 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2023 08:39:08 UTC.