Toagosei Co., Ltd. · TSE:4045
Toagosei — Q1 FY2023 Earnings Presentation
16 slides from Toagosei's earnings presentation, May 19, 2023
Slide 1: Financial Results for 1Q FY2023
Financial Results for 1Q FY2023 May 19, 2023 1
Slide 2: Table of Contents
Table of Contents １． Results for 1Q FY2023 P.3～ ２． ESG Initiatives P.9～ ３． Appendix P.12～ （Sub-segment Year-on-Year Comparison of Net Sales） 2
Slide 3: Results for 1Q FY2023
Results for 1Q FY2023 3
Slide 4: Overview of Results for 1Q FY2023
Overview of Results for 1Q FY2023 Rate of 1Q FY2022 1Q FY2023 Change Change Net sales (Millions of yen) 37,750 38,198 448 1.2% Operating income (Millions of yen) 4,109 2,587 (1,522) (37.0%) Operating income ratio 10.9% 6.8% (4.1P) ― Ordinary profit (Millions of yen) 4,654 2,974 (1,680) (36.1%) Net i
Slide 5: Analysis of Changes in Operating Income
Analysis of Changes in Operating Income 1Q FY2023 2,587 Millions of yen Year-on-year: -1,522 Millions of yen (Millions of yen) 5
Slide 6: Consolidated Results (by Segment)
Consolidated Results (by Segment) (Millions of yen) 1Q FY2022 1Q FY2023 Change Net sales Volume Unit price B－A A B Commodity Chemicals 15,941 17,243 (1,249) 2,551 1,302 Polymer & Oligomer 9,116 8,525 (1,265) 673 (590) Adhesive Material 2,758 2,680 (200) 121 (77) Performance Chemicals 2,470 2,517 (17
Slide 7: Consolidated Statement of Income
Consolidated Statement of Income (Non-operating Income/Expenses and Extraordinary Income/Losses) (Millions of yen) （(Millions of yen) Non-operating 1Q FY2022 1Q FY2023 Change Extraordinary 1Q FY2022 1Q FY2023 Change income/expenses income/losses Interest and dividend Gain on sales of Income 67 112 4
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet (Millions of yen) Dec. 31, 2022 Mar. 31, 2023 Change Dec. 31, 2022 Mar. 31, 2023 Change Current assets 138,985 128,445 (10,540) Total liabilities 54,328 51,495 (2,833) Notes and accounts Cash and deposits 40,366 35,472 (4,894) Payable 19,653 17,456 (2,197) Notes and accoun
Slide 9: ESG Initiatives
ESG Initiatives 9
Slide 10: ESG Initiatives
ESG Initiatives Endorsed the recommendations of the Task Force on Climate-Related Financial Jun. 2019 Disclosures (TCFD) Held an event for the Riko Challenge (science and technology challenge) organized by Aug. 2021 the Cabinet Office, Ministry of Education, Culture, Sports, Science and Technology (
Slide 11: ESG Initiatives
ESG Initiatives Mar. 2019 Abolished anti-takeover measures Mar. 2019 Elected a female director for the first time Mar. 2020 Introduced a restricted share remuneration system for directors Revised the Toagosei Group Basic Policy on Corporate Governance • Aim for improved shareholder returns as follow
Slide 12: Appendix
Appendix 12
Slide 13: Sub-segment Year-on-Year Comparison of Net Sales①
Sub-segment Year-on-Year Comparison of Net Sales① Year-on-year Commodity Chemicals Comparison Reason for the Change Business 1Q FY2023 Sales volume decreased, but net sales increased Inorganic chemicals 125% due to price revisions from the previous year Net sales decreased slightly due to a decrease
Slide 14: Sub-segment Year-on-Year Comparison of Net Sales②
Sub-segment Year-on-Year Comparison of Net Sales② Year-on-year Adhesive Materials Comparison Reason for the Change Business 1Q FY2023 Net sales decreased slightly due to a decrease in sales volume For consumer use: Decrease in number of visitors to Instant glue 96% home centers For industrial use: D
Slide 15: Sub-segment Year-on-Year Comparison of Net Sales③
Sub-segment Year-on-Year Comparison of Net Sales③ Year-on-year Comparison Plastics Business Reason for the Change 1Q FY2023 Net sales decreased due to a decrease in sales Piping equipment 88% volume because of little progress in the number of projects starting on home construction Net sales increase
Slide 16: The earnings forecasts include forecasts based on information available as of the date
The earnings forecasts include forecasts based on information available as of the date of the publication of this document. Actual results may differ to the figures contained herein due to various factors which may change in the future. This document is not intended to solicit investment. Please