Slide 1: Financial Results for FY2016
Financial Results for FY2016 February 14, 2017 This document is a translation of the official Japanese version provided for information purpose only.
Slide 2: Overview of Results for FY2016
Overview of Results for FY2016 Scope of consolidation Number of consolidated subsidiaries: 20 (increase of 1 from FY2015: Toagosei (Thailand) established in August 2016) Number of equity-method affiliates: 2 (no change from FY2015) FY2015 FY2016 Change (Millions of Net sales yen) 139,848 135,382 -4,
Slide 3: Consolidated Results (by Segment)
Consolidated Results (by Segment) Net sales (by consolidated segment) (Millions of yen) Changes in net sales FY2015 FY2016 Volume Unit price Change Commodity Chemicals 42,458 41,217 -301 -939 -1,241 Acrylic Products 52,039 49,213 3,912 -6,737 -2,825 Specialty Chemicals 15,682 15,346 268 -604 -336 Pl
Slide 4: Other Income/Expenses and Extraordinary Income/Loss (Consolidated)
Other Income/Expenses and Extraordinary Income/Loss (Consolidated) [Other income/expenses] [Extraordinary income/expenses] (Millions of yen) (Millions of yen) FY2015 FY2016 Change FY2015 FY2016 Change Interest and dividend Subsidy income 116 10 -105 income 708 820 112 Equity in earnings of Gain on s
Slide 5: Consolidated Balance Sheet
Consolidated Balance Sheet (Millions of yen) Dec. 31, Dec. 31, [Balance Sheet] Change 2015. 2016 ①”Cash and deposits” and “securities” Cash and deposits 15,969 28,966 12,997 increased owing to enhanced liquidity in Notes and accounts hand. receivable 38,699 40,302 1,603 ②”Retained earnings” increase
Slide 6: Overview of Consolidated Subsidiaries (Results for FY2016)
Overview of Consolidated Subsidiaries (Results for FY2016) (Millions of yen) Net income (loss) Ownership Net sales Operating income (loss) attributable to owners of Company name Segment (%) parent FY2015 FY2016 FY2015 FY2016 FY2015 FY2016 Commodity 1 Toa Techno-Gas Chemicals 100 4,521 4,557 442 597
Slide 7: Consolidated Results Forecast for FY2017
Consolidated Results Forecast for FY2017 (Millions of yen) FY2017 1H FY2017 2H FY2017 forecast Change FY2016 (A) (forecast) (forecast) (B) (B-A) Net sales 135,382 67,500 70,500 138,000 2,618 Operating income 16,147 7,700 8,600 16,300 153 Operating income ratio 11.9% 11.4% 12.2% 11.8% -0.1% Other 787
Slide 8: Revision of Business Segmentation
Revision of Business Segmentation Previous business segmentation After revision [Business supporting the Commodity Chemicals management base] Electrolysis products Commodity Chemicals High-purity inorganic products Acrylic Products Acrylic monomer [Businesses with core roles in the growth strategy]
Slide 9: Consolidated Results Forecast for FY2017 (by segment)
Consolidated Results Forecast for FY2017 (by segment) Net sales (Millions of yen) FY2016 FY2017 Change Factors for change results forecast Commodity Chemicals 60,707 62,100 1,393 [Increase] Acrylic monomer Polymer & Oligomer 26,715 26,400 -315 [Increase] Acrylic polymer [Decrease] Polymer flocculant
Slide 10: Historical Consolidated Results
Historical Consolidated Results (Millions of yen) (Yen) 30,000 120 104.8 25,000 100 86.6 20,000 72.9 80 63.9 16,147(11.9%) 16,300(11.8%) 14,501(9.6%) 12,347(8.8%) 15,000 13,801 60 12,015(8.1%) 50.9 11,400 9,605 10,000 40 8,414 6,696 5,000 20 0 0 FY2013 FY2014 FY2015 FY2016 FY2017 (forecast) Operatin
Slide 11: Reference for Consolidated Performance
Reference for Consolidated Performance (Billions of yen) FY2017 FY2013 FY2014 FY2015 FY2016 forecast Depreciation and amortization 7.6 8.6 8.8 7.9 7.9 Capital investment 7.4 7.8 5.8 5.1 15.8 Research and development expenses 3.8 3.9 3.7 3.6 3.7 Overseas sales 23.8 24.8 23.1 21.6 20.0 Interest-bearin
Slide 12: Historical Reference for Consolidated Performance
Historical Reference for Consolidated Performance (Millions of yen) (Millions of yen) 200,000 50,000 76.5% 77.3% 76.0% 75.9% 175,967 74.4% 167,990 158,173 160,000 152,711 40,000 143,722 120,000 30,000 80,000 20,000 13,099 13,234 12,693 12,307 12,149 40,000 10,000 0 0 FY2013 FY2014 FY2015 FY2016 FY20
Slide 13: Overview of Consolidated Subsidiaries (FY2017 Forecast)
Overview of Consolidated Subsidiaries Reference (FY2017 Forecast) (Millions of yen) Net income (loss) Net sales Operating income (loss) attributable to owners of Ownership Company name Segment (%) parent FY2017 FY2017 FY2017 FY2016 FY2016 FY2016 forecast forecast forecast Commodity 1 Toa Techno-Gas
Slide 14: Medium-Term Management Plan (2017-2019) - Trajectory Toward Growth 2019
Medium-Term Management Plan (2017- 2019) － Trajectory Toward Growth 2019－ 作成日 2008.2.28
Slide 15: Review of ALL TOA 2016
Review of ALL TOA 2016
Slide 16: Medium-Term Management Plan ALL TOA 2016
Medium-Term Management Plan ALL TOA 2016 “Strengthen and Creation” Growth Strategy (1) Develop new next-generation products ●Accelerate the speed of product & technology development through integrated R&D system [General Center of R&D] Base Technology Center Applied Research Lab New Products Researc
Slide 17: Actions for Major Products｜ALL TOA 2016
Actions for Major Products｜ALL TOA 2016 Commodity products High-value-added products Electrolysis products •Decision to upgrade the facility for caustic High-purity inorganic products •Expansion of the facility for high-purity potash liquefied hydrogen chloride •Establishment of the optimum producti
Slide 18: Operating Income Trend｜ALL TOA 2016
Operating Income Trend｜ALL TOA 2016 (Billions of yen) 200 ALL TOA 2016 18.5 Operating income target 16.1 14.5 12.0 12.3 Progress of high-value- 100 10.0 Commodity products added products (Products that are growing steadily High-purity inorganic 9.2 10.2 8.0 8.4 products Acrylic polymer High-value
Slide 19: Trajectory Toward Growth 2019
Trajectory Toward Growth 2019
Slide 20: Core of Growth Strategy｜New Product Development and Market Development
Core of Growth Strategy｜New Product Development and Market Development Strengths of the Group’s technology Target market Acrylic polymer synthesizing Telecommunications technology ●Communication terminals Wide-ranging technology including ●Displays water-based, solvent-based, etc. ●Electronic compo
Slide 21: Trajectory Toward Growth 2019 Action Plan 1
Trajectory Toward Growth 2019 Action Plan 1 Businesses with core roles in the growth strategy Polymer & Oligomer •Strengthening of local marketing and progress to the Phase 2 business plan in Thailand •Acceleration of development of functional powder polymer (dispersants, pressure-sensitive adhesive
Slide 22: Trajectory Toward Growth 2019 Action Plan 2
Trajectory Toward Growth 2019 Action Plan 2 Businesses with core roles in the growth strategy Plastics •Nursing care: Cultivation of demand in new fields (products outside the scope of the long-term care insurance scheme) and development of new products •Elastomers: Launch of products with new funct
Slide 23: Trajectory Toward Growth 2019 Quantitative Plan
Trajectory Toward Growth 2019 Quantitative Plan FY2019 Net sales 155 billion yen Targets Operating income (Operating income ratio) 18 billion yen (11.6%) Net income 12.5 billion yen Investment Plan (Billions of yen) (Billions of yen) 2008 - 10 2008～10 23.0 Growth strategy Result M&A development 2011
Slide 24: Trajectory Toward Growth 2019 Net sales
Trajectory Toward Growth 2019 Net sales (100 millions of yen) 2,000 1,550 1,500 1,380 1,354 その他 Other 83 64 69 141 125 高機能無機材料 Performance 119 Chemicals 325 接着材料 1,000 267 264 Adhesive Material ﾎﾟﾘﾏｰ・ｵﾘｺﾞﾏｰ Polymer & Oligomer 264 269 288 樹脂加工 Plastics 500 Commodity 基幹化学品 Chemicals 607 621 593 0 2019
Slide 25: Trajectory Toward Growth 2019 Operating income
Trajectory Toward Growth 2019 Operating income (100 millions of yen) Highest-ever 200 operating income 212 18 in FY2010 161 163 23 150 18 17 39 その他 Other 29 29 Performance 高機能無機材料 Chemicals 46 46 100 52 接着材料 Adhesive Material ﾎﾟﾘﾏｰ・ｵﾘｺﾞﾏｰ Polymer & Oligomer 20 20 50 樹脂加工 Plastics 20 47 50 Commodity