Slide 1: FY2019 1Q Results
FY2019 1Q Results August 8, 2019
Slide 2: FY2019 1Q Overview
1 FY2019 1Q Overview (in billions of yen) FY2019 1Q vs. FY2018 1Q FY2018 1Q FY2019 1Q Change (%) • Revenue declined in all segments except Other Operations Revenue 34.6 32.0 -2.5 (-7.3%) • Higher operating profit mainly Operating profit 3.2 4.4 1.1 (35.5%) resulting from an increase in other income
Slide 3: FY2019 1Q Overview
2 FY2019 1Q Overview FY2018 1Q FY2019 1Q (billions of yen) AM SC SP CO OO Corporate AM SC SP CO OO Corporate Revenue 11.0 6.0 11.4 2.2 4.0 34.6 9.9 5.3 11.0 1.8 4.1 32.0 Segment operating profit 0.6 0.4 1.8 0.0 0.2 3.1 1.2 0.1 1.5 -0.0 0.3 3.1 Adjustments 0.0 0.0 Other income 0.1 *1 1.5 Other expens
Slide 4: Segment Performance: Advanced Materials
3 Segment Performance: Advanced Materials (billions of yen) FY2018 FY2019 Change Full-year 1Q 1Q % FY2018 FY2019e Advanced Materials Advanced plastics 6.9 6.4 -8% 28.5 34.2 Carbon products 1.6 1.5 -4% 6.1 5.9 Other 2.4 2.0 -20% 11.1 10.4 Segment revenue 11.0 9.9 -10% 45.7 50.5 Segment operating prof
Slide 5: Segment Performance: Specialty Chemicals
4 Segment Performance: Specialty Chemicals (billions of yen) FY2018 FY2019 Change Full-year 1Q 1Q % FY2018 FY2019e Specialty Chemicals Agrochemicals 1.3 0.9 -26% 8.3 6.5 Pharmaceuticals 1.3 1.1 -17% 5.0 5.3 Industrial chemicals 1.9 1.7 -10% 7.6 7.5 Other 1.5 1.6 7% 6.4 7.7 Segment revenue 6.0 5.3 -1
Slide 6: Segment Performance: Specialty Plastics
5 Segment Performance: Specialty Plastics (billions of yen) FY2018 FY2019 Change Full-year 1Q 1Q % FY2018 FY2019e Specialty Plastics Home products 5.1 5.2 2% 20.5 20.8 Fishing lines 0.8 0.9 19% 2.9 3.0 Food packaging 4.2 3.6 -14% 16.2 15.3 Other 1.4 1.2 -11% 5.5 5.9 Segment revenue 11.4 11.0 -4% 45.
Slide 7: Segment Performance: Construction
6 Segment Performance: Construction (billions of yen) FY2018 FY2019 Change Full-year 1Q 1Q % FY2018 FY2019e Construction Construction 3.7 3.6 -5% 20.3 19.5 Intercompany elimination -1.5 -1.8 --- -7.9 -7.0 Segment revenue 2.2 1.8 -19% 12.4 12.5 Segment operating profit 0.0 -0.0 --- 0.7 0.4 FY2019 1Q
Slide 8: Segment Performance: Other Operations
7 Segment Performance: Other Operations (billions of yen) FY2018 FY2019 Change Full-year 1Q 1Q % FY2018 FY2019e Other operations Environmental engineering 2.5 2.6 6% 12.0 11.4 Logistics 2.1 2.0 -4% 8.3 8.5 Hospital operations 0.9 1.0 11% 3.7 3.9 Other 0.5 0.6 15% 1.9 2.2 Intercompany eliminations -2
Slide 9: Financial Position
8 Financial Position (billions of yen) Assets Liabilities and Equity Mar.31 Jun.30 Mar.31 Jun.30 Change Change 2019 2019 2019 2019 Cash and cash equivalents 6.0 7.0 1.0 Trade and other payables 24.0 21.8 -2.2 Trade and other receivables 30.7 26.2 -4.5 Interest-bearing debt 39.0 49.0 10.0 Inventories
Slide 10: PGA Business Update (Frac plug application in shale oil market)
14 PGA Business Update (Frac plug application in shale oil market) Sales of Kureha Degradable Plugs (KDP) Bakken by Kureha Energy Solutions (billions of yen) 1.5 Niobrara Sales Sales Sales Sales planplan *Announced in May ‘19 1.0 Oklahoma Haynesville 0.5 Permian Eagle Ford 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4
Slide 11: FY2019 Full-Year Forecast
10 FY2019 Full-Year Forecast (billions of yen) FY2019 forecast FY2019 forecast FY2018 (May 14, 2019) (Aug. 8, 2019) Full- Full- Full- 1H 2H year 1H 2H year 1H 2H year Revenue 72.5 75.8 148.3 75.0 77.0 152.0 70.0 82.0 152.0 Operating profit 7.1 10.1 17.2 8.0 18.0 26.0 9.0 17.0 26.0 Profit before inco
Slide 12: FY2019 Full-Year Forecast: Supplementary information
Supplementary information 11 FY2019 Full-Year Forecast *FY2019 forecast by segment remains unchanged and as announced on May 14, 2019 Segment Performance: FY2019e vs. FY2018 (billions of yen) Revenue Operating …FY2018 Profit …FY2018 50.5 …FY2019e 6.7 …FY2019e 45.7 45.1 45.0 6.0 6.1 4.6 27.3 27.0 3.3
Slide 13: FY2019 Full-Year Forecast: Supplementary information
Supplementary information 12 FY2019 Full-Year Forecast *FY2019 forecast by segment remains unchanged and as announced on May 14, 2019 FY2018 FY2019e (billions of yen) AM SC SP CO OO Corporate AM SC SP CO OO Corporate Revenue 45.7 27.3 45.1 12.4 17.6 148.1 50.5 27.0 45.0 12.5 17.0 152.0 Segment opera
Slide 14: Disclaimer
Disclaimer • These materials are supplied to provide a deeper understanding of our company, and are not intended to as a solicitation for investment or other actions. • These materials have been prepared by our company based on the information available at this point in time. However, actual perform