The operating results forecasts and certain other statements contained in this document are forward-looking statements, which are rationally determined based on information currently available to the company. For a variety of reasons, actual performance may differ substantially from these projections. They
do not constitute a guarantee that the Company will achieve these forecasts or other forward-looking statements.
(Billions of yen)
Amount
* The Company conducted a consolidation of shares of common stock at the ratio of five shares to one share on October 1, 2018. Net income per share was calculated using the number of shares after the share consolidation.
Net sales reached a new record high for the first half.
Operating income, ordinary income, and net income attributable to owners of parent each recorded double-digit increases.
Priority-focused businesses, where the Company bolstered production capacity, expanded globally and drove growth.
Net sales (Billions of yen)
Operating income (Billions of yen)
FY2017
2Q net sales exceeded ¥150 billion for four consecutive quarters.
Operating income was temporarily impacted by damage caused by earthquakes, typhoons and other natural disasters, but the businesses which the Company prioritized and focused on strengthening, performed steadily.
(Billions of yen)
1Q
2Q
3Q
4Q
1Q
Net sales
144.3
148.0
153.7
150.2
152.3
153.8
Operating income
7.3
8.6
10.5
10.5
10.0
8.0
FY2018
2Q
(Millions of yen)
Amount
Amount
12,248
6,853
4,228
2,549
339
△ 10,340
15,879
In the Vinyls and Chlor-Alkali business, sales were favorable for PVC resins and caustic soda both in Japan and overseas.
In the Performance Polymers business, sales expanded as bolstered globally production capacity contributed.
In the E & I Technology business, sales were favorable, supported by increased demand for smartphones with higher functionality.
In the Performance Fibers business, demand for hair accessories in the African market made a full-fledged recovery.
The Foam & Residential Techs business was impacted by typhoons, earthquakes, etc.
In the Medical Devices business, sales increased in overseas markets, offsetting the negative impact of the revision of medical reimbursement prices in Japan. The Pharma business saw steady sales of biopharmaceuticals.
The Foods & Agris business worked to stimulate demand through proactive proposal-based sales, amid sluggish conditions in the markets for bakery products.
In the Supplemental Nutrition business, sales of the reduced form of coenzyme Q10 continued to increase.
Net sales
Operating income
Material Solutions Unit
124,391
8,918
7.7%
Quality of Life Solutions Unit
74,623
78,883
4,259
5.7%
Health Care Solutions Unit
21,675
23,680
2,004
9.2%
Nutrition Solutions Unit
79,857
78,546
△ 1,310
△1.6%
Others
628
551
△ 77 △12.3%
Adjustment
-
-
--
Total
292,258
306,053
13,795
4.7%
14,189
15.8%
7,628
774
11.3%
4,673
444
10.5%
2,173
△ 376 △14.8%
258
△ 80 △23.8%
△ 10,906
△ 565
-
18,016
2,137
13.5%
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Kaneka Corporation published this content on 16 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 November 2018 05:58:08 UTC
KANEKA CORPORATION is a Japan-based company engaged in four business segments. The Material Solutions Unit segment includes general purpose vinyl chloride resin, caustic soda, polyvinyl chloride special resin, modifier, modified silicone polymer, biodegradable polymer. Quality of Life Solutions Unit segment includes expanded styrene resin and molded products, extruded polystyrene foam boards, bead method expanded polyolefin, solar circuit method, super heat resistant polyimide films, optical materials, super heat conductive graphite sheets, solar cells, storage batteries for housing and others. The Health Care Solutions Unit segment includes medical devices, low molecular weight pharmaceutical raw materials, biopharmaceuticals, etc. The Nutrition Solutions Unit segment includes functional food ingredients, margarine, shortening, baker's yeast, spices, antifreeze ingredients, functional fertilizers and feeds.