UBE Corporation · TSE:4208
UBE — Q1 FY2019 Earnings Presentation
20 slides from UBE's earnings presentation, Jul 31, 2019
Slide 1: Financial Results for the 1st Quarter FY2019
Financial Results for the 1st Quarter FY2019 Explanatory material July 31, 2019 1st Quarter: April – June
Slide 2: Scope of Consolidation
1st Quarter of the FY2019 Scope of Consolidation End of FY2019 End of FY2018 Difference Item 1Q Notes (A) (B) （B) - （A) Number of consolidated 71 71 0 subsidiaries Number of equity method 25 25 0 affiliates Total 96 96 0 2
Slide 3: Environmental Factors
1st Quarter of the FY2019 Environmental Factors FY2018 1Q FY2019 1Q Difference Item (A) (B) (B) - (A) Exchange Rate Yen/$ 109.1 109.9 0.8 CIF $/ｔ 616 567 (49) Naphtha Domestic Yen/KL 48,400 45,500 (2,900) Material Price Benzene(ACP) $/ｔ 850 618 (232) Australian $/ｔ 125.0 106.3 (18.7) Coal (CIF) Yen/
Slide 4: Major P/L Items
1st Quarter of the FY2019 Major P/L Items (Billions of yen) FY2018 1Q FY2019 1Q Difference Percentage Item (A) (B) (B) - (A) change Net sales 169.0 165.0 (4.0) (2.4)% Operating profit 6.1 7.3 1.2 19.7% Ordinary profit 10.2 7.7 (2.5) (24.5)% Profit attributable to 6.9 4.5 (2.3) (34.4)% owners of pare
Slide 5: Net Sales and Operating Profit by Segment
1st Quarter of the FY2019 Net Sales and Operating Profit by Segment (Billions of yen) Segment FY2018 1Q FY2019 1Q Difference (A) (B) (B) - (A) Chemicals 75.0 74.5 (0.5) Net sales Construction Materials 76.9 75.4 (1.5) Machinery 18.7 18.8 0.0 Others 1.1 1.1 0.0 Adjustment (2.9) (4.9) (2.0) y Total 16
Slide 6: Analysis - Total
1st Quarter of the FY2019 Analysis - Total (Billions of yen) Net Sales Difference of operating profit 240.0 (4.0) Chemicals (0.5) Price ※1 2.7 169.0 165.0 Construction Materials (1.5) 合成ゴム 69.0 Machinery 0.0 120.0 Others 0.0 Volume 2.7 Adjustment (2.0) カプロラクタム (6 0) 0.0 Fixed Cost FY2018 1Q FY2019 1
Slide 7: Analysis - Chemicals
1st Quarter of the FY2019 Analysis - Chemicals (Billions of yen) Net Sales Difference of operating profit (0.5) Price ※1 1.8 Engineering Plastics & Fine Chemicals (1.0) Synthetic rubber (0.9) 合成ゴム 69.0 Specialty Products 0.5 Volume 2.5 Pharmaceutical 1.5 etc カプロラクタム (6 0) Fixed Cost (0.8)% Decreased
Slide 8: Analysis – Construction Materials
1st Quarter of the FY2019 Analysis – Construction Materials (Billions of yen) Net Sales Difference of operating profit (1.5) Cement and Ready-mixed concrete (0.4) Construction materials and 0.5 Price ※1 0.6 Limestone related products 69.0 Coal (1.2) Power 0.4 Volume 0.4 etc (6 0) Fixed Cost (2.0)% D
Slide 9: Analysis - Machinery
1st Quarter of the FY2019 Analysis - Machinery (Billions of yen) Net Sales Difference of operating profit 0.0 Price ※1 0.3 69.0 Volume (0.1) (6 0) Fixed Cost 0.5% Increased and Others ※2 0.1 Operating profit Total 0.2 0.2 *1: Including both selling and purchase change *2: Including marginal profit o
Slide 10: Operating Profit – Profit attributable to owners of parent
1st Quarter of the FY2019 Operating Profit – Profit attributable to owners of parent (Billions of yen) FY2018 1Q FY2019 1Q Difference Item (A) (B) (B) - (A) Operating profit 6.1 7.3 1.2 Non-operating income/expenses 4.1 0.4 (3.7) Net Interests expenses 1.2 0.4 (0.7) Share of profit of entities accou
Slide 11: Consolidated Balance Sheet
1st Quarter of the FY2019 Consolidated Balance Sheet (Billions of yen) End of FY2018 End of FY2019 1Q Difference Item (A) (B) (B) - (A) Current assets 315.6 308.1 (7.5) Fixed assets 424.4 421.7 (2.6) Total assets 740.2 730.0 (10.2) Interest-bearing debt 187.2 192.3 5.0 Other liabilities 198.4 188.2
Slide 12: Consolidated Statements of Cash Flows
1st Quarter of the FY2019 Consolidated Statements of Cash Flows (Billions of yen) Item FY2018 1Q FY2019 1Q Profit before income taxes 7.2 A.Cash flows from operating activities 13.0 15.5 Depreciation and amortization 9.0 Income taxes paid (5.0) etc. B.Cash flows from investing activities (8.8) (10.2
Slide 13: Reference
Reference 13
Slide 14: Analysis of Operating Profit by Segment
Reference: 1st Quarter of the FY2019 Analysis of Operating Profit by Segment （Billions of yen） Operating profit Segment Fixed cost FY2018 1Q FY2019 1Q Difference Price Volume and others (A) (B) (B) - (A) *1 *2 Chemicals 3.5 4.6 1.1 1.8 2.5 (3.1) Construction Materials 2.4 2.3 (0.1) 0.6 0.4 (1.1) *3
Slide 15: Progress of Major P/L Items
Reference: 1st Quarter of the FY2019 Progress of Major P/L Items (Billions of yen) FY2018 (A) FY2019 (B) Difference (B) - (A) Item 1Q 1Q 1Q Progress Progress 169.0 165.0 Net sales 730.1 760.0 29.9 (4.0) 23.2% 21.7% 6.1 7.3 Operating profit 44.5 47.0 2.5 1.2 13.7% 15.6% 10.2 7.7 Ordinary profit 47.8 4
Slide 16: Net Sales
Reference: 1st Quarter of the FY2019 Net Sales (Billions of yen) FY2019 Full-year Segment Progress (Forecast) 1Q 2Q 3Q 4Q Total Chemicals 74.5 - - - 74.5 345.0 21.6% Construction Materials 75.4 - - - 75.4 330.0 22.9% Machinery 18.8 - - - 18.8 100.0 18.9% Others 1.1 - - - 1.1 5.0 23.7% Adjustment (4.
Slide 17: Operating Profit
Reference: 1st Quarter of the FY2019 Operating Profit (Billions of yen) FY2019 Full-year Segment Progress (Forecast) 1Q 2Q 3Q 4Q Total Chemicals 4.6 - - - 4.6 26.5 17.7% Construction Materials 2.3 - - - 2.3 15.0 15.3% Machinery 0.4 - - - 0.4 6.0 7.5% Others 0.1 - - - 0.1 0.7 19.4% Adjustment (0.2) -
Slide 18: Consolidated Key Indicators
Reference: 1st Quarter of the FY2019 Consolidated Key Indicators (Billions of yen) FY2019 full-year FY2018 Item FY2018 1Q FY2019 1Q (forecast) full-year Capital investment 7.2 5.6 50.0 41.7 Depreciation and amortization 8.9 9.0 37.0 36.4 Research and development expenses 3.2 3.2 14.0 12.1 Adjusted o
Slide 19: Consolidated Major Subsidiaries
Reference: 1st Quarter of the FY2019 Consolidated Major Subsidiaries (Billions of yen) Difference of Net Sales operating Subsidiaries and affiliates Business profit from FY2019 1Q FY2018 1Q Manufacture and sales of nylon, caprolactam, ammonium sulfate and fine UBE Corporation Europe, S.A. Unipersona
Slide 20: Forward-looking statements disclaimer
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 date currently available.