UBE Corporation · TSE:4208

UBE — Q3 FY2020 Earnings Presentation

24 slides from UBE's earnings presentation, Feb 2, 2021

  1. Slide 1: Financial Results for the 3rd Quarter FY2020

    Financial Results for the 3rd Quarter FY2020 Explanatory material February 2, 2021 3rd Quarter: April – December

  2. Slide 2: FY2020 3rd Quarter Consolidated Results

    FY2020 3rd Quarter Consolidated Results 2

  3. Slide 3: Scope of Consolidation

    3rd Quarter of the FY2020 Scope of Consolidation End of FY2020 End of FY2019 Difference Item 3Q Notes (A) (B) （B) - （A) ＋ Premium Composite Technology North America, Inc. Number of － U-MHI Platech Co., Ltd. consolidated 69 66 (3) － U-MHI PLATECH AMERICA, INC. subsidiaries － AET Electrolyte Technolog

  4. Slide 4: Environmental Factors: Naphtha Material Price

    3rd Quarter of the FY2020 Environmental Factors FY2019 3Q FY2020 3Q Difference Item (A) (B) (B) - (A) Exchange Rate Yen/$ 108.7 106.1 (2.6) CIF $/ｔ 533 365 (168) Naphtha Domestic Yen/KL 42,300 28,900 (13,400) Material Price Benzene (ACP) $/ｔ 653 427 (226) Australian $/ｔ 101.5 77.3 (24.3) Coal (CIF)

  5. Slide 5: Major P/L Items

    3rd Quarter of the FY2020 Major P/L Items (Billions of yen) FY2019 3Q FY2020 3Q Difference Percentage Item (A) (B) (B) - (A) change Net sales 497.8 438.9 (58.9) (11.8)% Operating profit 25.4 13.8 (11.5) (45.6)% Ordinary profit 24.9 10.5 (14.3) (57.6)% Profit attributable to 15.1 8.9 (6.2) (40.9)% ow

  6. Slide 6: Net Sales and Operating Profit by Segment

    3rd Quarter of the FY2020 Net Sales and Operating Profit by Segment (Billions of yen) FY2019 3Q FY2020 3Q Difference Percentage Segment (A) (B) (B) - (A) change Chemicals 214.9 179.7 (35.2) (16.4)% Net sales Construction Materials 227.7 212.3 (15.3) (6.7)% Machinery 64.7 54.5 (10.1) (15.7)% Others 3

  7. Slide 7: Analysis - Total

    3rd Quarter of the FY2020 Analysis - Total (Billions of yen) Net sales Difference of operating profit 600.0 497.8 Chemicals (35.2) Price ※1 (4.5) 438.9 (58.9) Construction Materials (15.3) 合成ゴム 69.0 Machinery (10.1) 300.0 Others (1.2) Volume (8.6) Adjustment 3.0 カプロラクタム (6 0) 0.0 Fixed Cost FY2019 3

  8. Slide 8: Analysis - Chemicals

    3rd Quarter of the FY2020 Analysis - Chemicals (Billions of yen) Net sales Difference of operating profit Price ※1 (8.2) Engineering Plastics & Fine Chemicals (18.5) (35.2) Synthetic rubber (10.2) 合成ゴム 69.0 Specialty Products (3.9) Volume (4.3) Pharmaceutical (1.8) etc カプロラクタム (6.0) Fixed Cost (16.4

  9. Slide 9: Analysis - Construction Materials

    3rd Quarter of the FY2020 Analysis – Construction Materials (Billions of yen) Net sales Difference of operating profit Cement and Ready-mixed concrete 3.5 Construction materials and (6.8) Price ※1 3.7 (15.3) Limestone related products 69.0 Coal (11.4) Power (1.1) Volume (3.8) etc (6 0) Fixed Cost (6

  10. Slide 10: Analysis - Machinery

    3rd Quarter of the FY2020 Analysis - Machinery (Billions of yen) Net sales Difference of operating profit Price ※1 0.0 (10.1) 69.0 Volume (0.6) (6 0) Fixed Cost (15.7)% Decreased and Others ※2 (1.3) Operating profit Total (1.8) (1.8) *1: Including both selling and purchase change *2: Including margi

  11. Slide 11: Operating Profit – Profit attributable to owners of parent

    3rd Quarter of the FY2020 Operating Profit – Profit attributable to owners of parent (Billions of yen) FY2019 3Q FY2020 3Q Difference Item (A) (B) (B) - (A) Operating profit 25.4 13.8 (11.5) Non-operating income (expenses) (0.4) (3.2) (2.7) Net interests expenses 0.5 0.1 (0.4) Share of profit of ent

  12. Slide 12: Consolidated Balance Sheet

    3rd Quarter of the FY2020 Consolidated Balance Sheet (Billions of yen) End of FY2019 End of FY2020 3Q Difference Item (A) (B) (B) - (A) Current assets 303.9 317.9 13.9 Fixed assets 423.1 423.9 0.8 Total assets 727.2 742.0 14.8 Interest-bearing debt 190.7 223.9 33.1 Other liabilities 182.1 159.9 (22.

  13. Slide 13: Consolidated Statements of Cash Flows

    3rd Quarter of the FY2020 Consolidated Statements of Cash Flows (Billions of yen) Item FY2019 3Q FY2020 3Q Profit before income taxes 12.1 Depreciation and amortization 27.1 A.Cash flows from operating activities 46.1 38.6 Increase in working capital 12.0 Income taxes paid (7.0) etc. B.Cash flows fr

  14. Slide 14: Reference

    Reference 14

  15. Slide 15: Analysis of Operating Profit by Segment

    Reference: 3rd Quarter of the FY2020 Analysis of Operating Profit by Segment （Billions of yen） Operating profit Segment Fixed cost FY2019 3Q FY2020 3Q Difference Price Volume and others (A) (B) (B) - (A) *1 *2 Chemicals 11.0 1.5 (9.5) (8.2) (4.3) 3.0 Construction Materials 11.3 11.0 (0.2) 3.7 (3.8)

  16. Slide 16: Progress of Major P/L Items

    Reference: 3rd Quarter of the FY2020 Progress of Major P/L Items (Billions of yen) FY2019 Results (A) FY2020 Forecasts (B) Difference (B) - (A) Item 3Q 3Q 3Q Progress Progress 497.8 438.9 Net sales 667.8 592.0 (75.8) (58.9) 74.5% 74.1% 25.4 13.8 Operating profit 34.0 21.5 (12.5) (11.5) 74.7% 64.3% 24

  17. Slide 17: Net Sales

    Reference: 3rd Quarter of the FY2020 Net Sales (Billions of yen) FY2020 Full-year Segment Progress (forecast) 1Q 2Q 3Q 4Q Total Chemicals 52.5 59.7 67.3 ー 179.7 243.0 74.0% Construction Materials 69.1 69.9 73.2 ー 212.3 279.0 76.1% Machinery 16.7 18.2 19.6 ー 54.5 78.0 69.9% Others 0.7 0.7 0.8 ー 2.3 3

  18. Slide 18: Operating Profit

    Reference: 3rd Quarter of the FY2020 Operating Profit (Billions of yen) FY2020 Full-year Segment Progress (forecast) 1Q 2Q 3Q 4Q Total Chemicals (2.7) 0.1 4.1 ー 1.5 5.5 28.8% Construction Materials 1.9 3.7 5.3 ー 11.0 13.0 85.0% Machinery 0.2 0.0 0.8 ー 1.0 3.0 35.5% Others 0.0 0.1 0.1 ー 0.3 0.5 62.0%

  19. Slide 19: 3Q on 2Q - Net Sales

    Reference: 3rd Quarter of the FY2020 3Q on 2Q － Net Sales （Billions of yen） FY2020 FY2020 Difference Segment 2Q 3Q Major factors (A) (B) (B) - (A) Engineering Plastics & Fine Chemicals 4.8 Synthetic rubber 1.1 Chemicals 59.7 67.3 7.6 Specialty Products 0.3 Pharmaceutical 1.6 etc. Cement and Ready-mi

  20. Slide 20: 3Q on 2Q - Operating Profit

    Reference: 3rd Quarter of the FY2020 3Q on 2Q － Operating Profit （Billions of yen） FY2020 FY2020 Difference Segment 2Q 3Q Major factors (A) (B) (B) - (A) Engineering Plastics & Fine Chemicals 1.2 Synthetic rubber 1.0 Chemicals 0.1 4.1 3.9 Specialty Products 0.4 Pharmaceutical 1.5 etc. Cement and Rea

  21. Slide 21: Consolidated Key Indicators

    Reference: 3rd Quarter of the FY2020 Consolidated Key Indicators (Billions of yen) FY2020 full-year FY2019 Item FY2019 3Q FY2020 3Q (forecast) full-year Capital investment 26.6 24.7 47.0 47.6 Depreciation and amortization 27.2 27.1 36.0 36.8 Research and development expenses 9.7 8.3 14.0 12.8 Adjust

  22. Slide 22: Consolidated Major Subsidiaries

    Reference: 3rd Quarter of the FY2020 Consolidated Major Subsidiaries (Billions of yen) Difference of Net Sales operating Subsidiaries and affiliates Business profit from FY2020 3Q FY2019 3Q Manufacture and sales of nylon, caprolactam, ammonium sulfate and fine UBE Corporation Europe, S.A. Unipersona

  23. Slide 23: IR Calendar

    Reference: IR Calendar Announcement of FY2020 Business Results and Related Presentations  Announcement of FY2020 Business Results • May 12, 15︓00  Telephone Conference for FY2020 Business Results • May 12, 18︓00 － 19︓00  FY2021 Management Overview Briefing • May 19, 10︓00 － 11︓30 (Note) This sche

  24. Slide 24: Forward-looking statements notice

    This presentation material contains forward-looking statements concerning UBEʼs future plans, strategies, and performance. These forward-looking statements are not historical facts; rather, they represent assumptions and beliefs based on economic, financial, and competitive conditions currently obse

Ube — Q3 FY2020 Earnings Presentation on 6ix