Slide 1: Financial Results for 2Q FY 2014
Financial Results for 2Q FY 2014 August 7, 2014 This document is a translation of the official Japanese version provided for information purpose only.
Slide 2: Overview of Results for 2nd Quarter of FY2014
Overview of Results for 2nd Quarter of FY2014 Scope of consolidation Number of consolidated subsidiaries: 22 (no change from FY2013) Number of equity-method affiliates: 2 (no change from FY2013) 2013 2Q 2014 2Q Change (Millions of Net sales yen) 73,643 74,954 1,311 1.8% Operating (Millions of income
Slide 3: Consolidated Results (by Segment)
Consolidated Results (by Segment) Net Sales (by consolidated segment) (Millions of yen) Change in net sales 2013 2Q 2014 2Q Volume Unit price Change Commodity Chemicals 22,679 22,270 -631 221 -409 Acrylic Products 28,436 29,910 590 883 1,473 Specialty Chemicals 8,104 8,202 -19 117 97 Plastics 12,754
Slide 4: Other Income/Expenses and Extraordinary Income/Loss (Consolidated)
Other Income/Expenses and Extraordinary Income/Loss (Consolidated) [Other income/expenses] [Extraordinary income/loss) (Millions of yen) (Millions of yen) 2013 2Q 2014 2Q Change 2013 2Q 2014 2Q Change Interest and dividend income 276 289 12 Subsidy income 222 25 -197 Equity in earnings of affiliates
Slide 5: Consolidated Balance Sheet
Consolidated Balance Sheet (Millions of yen) [Balance Sheet] Dec. 31, Jun. 30, ①Part of internal reserve is held as Change 2013 2014 securities. Cash and deposits 17,029 12,935 -4,094 Notes and accounts ②Non-current assets increased as a receivable 43,028 42,098 -930 result of installation of a new
Slide 6: Overview of Consolidated Subsidiaries
Overview of Consolidated Subsidiaries (Results for 2nd Quarter of FY2014) (Millions of yen) Ownership Net sales Operating income (loss) Net income (loss) Company name Segment (%) 2013 2Q 2014 2Q 2013 2Q 2014 2Q 2013 2Q 2014 2Q Commodity 1 Toa Techno-Gas Chemicals 100 2,067 2,141 185 189 137 128 2 (O
Slide 7: Consolidated Results Forecast for FY2014
Consolidated Results Forecast for FY2014 (Million yen) FY2014 1H FY2014 2H FY2014 forecast Change FY2013 (A) (results) (forecast) (B) (B-A) Net sales 151,081 74,954 79,046 154,000 2,918 Operating income 14,501 6,088 7,912 14,000 -501 Operating income 9.6% 8.1% 10.0% 9.1% -0.5% ratio Other 845 321 79
Slide 8: Consolidated Results Forecast for FY2014 (by Segment)
Consolidated Results Forecast for FY2014 (by Segment) Net Sales (Millions of yen) FY2013 FY2014 Change Factors for change results forecast Commodity [Increase] Liquefied hydrogen chloride 45,627 45,700 73 [Decrease] Hydrochloric acid, chlorine Chemicals Acrylic 59,069 61,500 2,431 [Increase] Acrylic
Slide 9: Historical Consolidated Results
Historical Consolidated Results (Millions of yen) (Yen) 30,000 60 52.1 51.0 25,000 50 21,271(13.8%) 20,000 36.8 36.4 35.7 40 17,338(11.3%) 14,583(9.8%) 14,501(9.6%) 15,000 13,133 13,000 14,000(9.1%) 30 9,699 9,605 9,400 10,000 20 6,088 5,000 4,253 10 0 0 FY2010 FY2011 FY2012 FY2013 FY2014 (forecast)
Slide 10: Reference for Consolidated Performance
Reference for Consolidated Performance (Billions of yen) FY2014 FY2010 FY2011 FY2012 FY2013 forecast Depreciation and amortization 8.1 8.9 8.8 7.6 8.4 Capital investment 10.3 10.0 12.8 7.4 13.0 Research and development expenses 4.5 4.6 4.4 3.8 4.1 Overseas sales 28.5 24.9 22.6 23.8 25.8 Interest-bea
Slide 11: Historical Reference for Consolidated Performance
Historical Reference for Consolidated Performance (Millions of yen) (Millions of yen) 200,000 50,000 74.4% 75.3% 72.8% 72.4% 160,000 150,223 40,000 63.4% 143,722 132,074 123,826 120,000 110,283 30,000 80,000 20,000 13,501 12,598 13,099 12,220 12,000 40,000 10,000 0 0 FY2010 FY2011 FY2012 FY2013 FY20
Slide 12: Business Trend (1): Commodity Chemicals, Acrylic Products
Business Trend (1) Commodity Chemicals (1) Expansion of high-purity liquefied hydrogen chloride business • Exports to Asia increased, where semiconductor production is increasing. • Response to enlarge containers in line with increasing consumption by customers. → Plan for further expansion at produ
Slide 13: Business Trend (2): Specialty Chemicals, Plastics
Business Trend (2) Specialty Chemicals (1) Development of new functional adhesives • Promoted customized development for customers in electronics and other cutting- edge fields. • Established New Products Development Group in the Functional Chemicals Department for a more flexible development struct
Slide 14: Launch of Aron Alpha "Color Change" in July 2014
New Product in Aron Alpha Series Launch of Aron Alpha “Color Change” in July 2014 This new product changes its color from purple to transparent. (1) Purple when it is applied Because the adhesive is colored, it is easy to see where the adhesive is applied, preventing excessive application or omissio