Osaka Soda : 1H FY2022 Presentation Material - Results for 1H FY2022 & Full-Year Forecast
January 23, 2023
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1H FY2022 Presentation Material
- Results for 1H FY2022 & Full-Year Forecast -
1 December, 2022
Results for 1H FY2022
Earnings Trends
Achieved major increase in sales and record highs by significant margin at each stage of profit
Each stage of profit has doubled in five years
(Millions of yen)
Net income (right scale)
Operating income (right scale)
New record high
Ordinary income (right scale)
Net sales (left scale)
(Millions of yen)
60,000
14,000
52,674
53,026
51,915
50,000
12,000
45,178
10,854
42,157
9,722
10,000
40,000
7,505
8,000
30,000
6,158
4,9525,190
5,694
6,000
4,907
4,421
20,000
4,316
3,4973,698
3,355
3,191
4,000
2,474
10,000
2,000
0
0
1H FY2018
1H FY2019
1H FY2020
1H FY2021
1H FY2022
* Adopted the "Accounting Standard for Revenue Recognition," etc., from FY2021
2
Overview of Consolidated Financial Results
All results exceeded performance targets revised upward on 5 August
High-value-addedproducts such as Allyl Ethers and Healthcare drove performance
1H FY2021
1H FY2022
Revised
%Change
Change
Achieve
Change
target *
(YoY)
(YoY)
ment rate
(A)-(B)
(A)
(B)
to sales
to sales
(Millions of yen)
Net sales
42,157
-
51,915
-
23.1
9,758
51,000
101.8%
915
Operating income
5,694
13.5%
9,722
18.7%
70.7
4,028
9,200
105.7%
522
Ordinary income
6,158
14.6%
10,854
20.9%
76.3
4,696
10,100
107.5%
754
Net income
4,421
10.5%
7,505
14.4%
69.8
3,084
7,000
107.2%
505
Earnings per share
189.55
-
314.73
-
-
-
-
-
-
(yen)
Overseas sales
14,137
33.5%
20,299
39.1%
-
-
-
-
-
* Announced on 5 August
1H FY2021
1H FY2022
Average
Yen / USD
110 Yen
130 Yen
exchange rate
Yen / Euro
131 Yen
137 Yen
Naphtha price (Yen / KL)
49,500 Yen
83,750 Yen
3
1H FY2022 Results by Segment
Basic chemicals
(Millions of yen)
Net sales
21,988
Operating income
22,000
20,000
3,678
17,544
18,000
16,000
(*) 14,667
1,683
1,930
14,000
12,000
10,000
1H FY2020
1H FY2021
1H FY2022
Functional chemicals
(Millions of yen)
28,000
Net sales
26,426
26,000
Operating income
24,000
21,800
6,591
22,000
20,000
(*) 17,960
4,226
18,000
16,000
2,317
14,000
12,000
10,000
1H FY2020
1H FY2021
1H FY2022
Housing Facilities and Others
(Millions of yen)
4,500
4,000
Net sales
3,500
3,500
Operating income
3,000
2,812
2,500
(*) 1,879
2,000
1,500
1,000
110
99
139
500
0
1H FY2020
1H FY2021
1H FY2022
Demand for main products was robust
Conducted price revisions in response to rising raw material and fuel prices
5,000
4,500 Chlor-Alkali
4,000
Reached early resolution on price revisions centered on Caustic Soda
3,500
Epichlorohydrin(EP)
3,000
Expanded sales mainly in electronic materials.
2,500
2,000
Sales prices have been maintained, thanks partly to market prices remaining high, as
1,500
well as price revisions
1,000
Demand grew for main products and export prices increased
Allyl Ethers and Healthcare sales remained strong, as in FY2021
10,000 Synthetic Rubber
8,000
Epichlorohydrin Rubber : Automotive applications were affected by production
adjustments by automakers, but our share of the OA
6,000
applications market increased
4,000
Acrylic Rubber : Growth in sales for new users in Japan and Asia
Synthetic Resin
2,000
Increased demand in Europe and China for insulating varnish applications
Allyl Ethers
Sales of silane coupling agents were strong for functional paint and electronic material applications, mainly in Europe and the U.S.
1,000 Healthcare
800 Chromatography : Demand grew in Europe, the U.S., and Asia for applications
600
in diabetes drugs
APIs and intermediates : Increased sales for diabetes complications and insomnia
400
drugs, osteoporosis drugs
200
Increased as sales of Lifestyle-related products, etc.
0
* 1H FY2020 is calculated by assuming the adoption of the "Accounting Standard for Revenue Recognition"
4
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Osaka Soda Co. Ltd. published this content on 24 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2023 08:45:11 UTC.
OSAKA SODA CO., LTD. is a Japan-based chemical manufacturer that has three business segments. The Basic Chemical Product segment manufactures and sells caustic soda, hydrochloric acid, liquid chlorine, chlorine gas, sodium hypochlorite, sodium chlorite soda, caustic potash, hydrogen gas, epichlorohydrin, allyl chloride and others. The Functional Chemical Product segment manufactures and sells allyl ethers, epichlorohydrin rubber, dap resin, modifiers for energy saving tires, purified pharmaceutical materials, optical active materials, pharmaceutical active ingredients, intermediates, electrodes and lens materials, among others. The Housing Facility and Others segment is engaged in the provision of duping materials, housing related products.
OSAKA SODA CO., LTD. 
