Forecasts of operational performance, as well as future predictions described in this document, were prepared based on information available as of the day on which this document was released. This document in no way guarantees the condition and operational performance of the company in the future.
Contents
Ⅰ FY2022 Financial Results Summary
P. 2
Ⅱ Mid-Term Management Plan
P.15
"Chori Innovation Plan 2025 (CIP2025)"
Ⅲ Appendix
P.37
CHORI CO., LTD.
1
FY2022 Financial Results Summary
CHORI CO., LTD.
2
FY2022 Financial Results Summary
Key Points of the Summary
POINT
Final year of the Medium-Term Management Plan "Chori Innovation Plan 2022 (CIP2022)"
•
•
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Achieved all of CIP2022 financial targets (Net Sales, Ordinary Profit, ROA, ROE).
Reached a new stage to "consistently deliver ordinary income at the ¥10.0 billion level," for the second consecutive fiscal year.
Ordinary profit and net profit attributable to owners of parent hit new record highs following the previous fiscal year.
Business
results summary
Increased sales YoY with significant increase in each profit
Increased sales across all segments. Both the Fibers, Textiles and Garments business and the Chemicals business were strong.
Net Sales
¥329.4 billion
(CIP2022 target
¥280.0 billion)
Ordinary Profit
¥12.4 billion
(CIP2022 target
¥11.0 billion)
ROA (ordinary profit basis)
9.0%
(CIP2022 target
8% or more)
ROE (net profit basis)
11.8%
(CIP2022 target)
11% or more)
Financial
base
Shareholder
returns
Topics
Equity-to-assetratio: 50.4% Maintained at a high level
The year-end dividend is as announced on January 27, 2023.
Year-end dividend of ¥55 per share, annual dividend of ¥105 per share (dividend payout ratio of 32%)
Disclosed the new medium-term management plan "Chori Innovation Plan 2025 (CIP2025)."
Period: FY2023 - FY2025 (three-year plan)
CHORI CO., LTD.
3
FY2022 Financial Results Summary
Business Results Breakdown (YoY Comparison)
POINT
The business environment of the global and Japanese economy remains uncertain. Saw a slowdown in FY2022 4Q, mainly in the overseas business.
Increased sales YoY with significant increase in profit in both the Fibers, Textiles and Garments business and the Chemicals business. However, a provision of allowance for doubtful accounts of ¥1.7 billion was recorded additionally in the Machinery business.
Chori Co. Ltd. published this content on 08 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2023 06:12:08 UTC.
CHORI CO., LTD. operates in three business segments. The Textile segment provides chemical fibers, natural fibers, cotton, original yarn, fabrics, silk, textiles and industrial materials. The Chemical Products segment offers organic and inorganic chemical products, precision chemicals, pharmaceutical materials, additives of food and feed, as well as natural mineral products. The Machinery segment provides vehicles and machines, as well as related materials. The others segment is involved in the office outsourcing business.
CHORI CO., LTD. 
