AICA KOGYO COMPANY, LIMITED Aica Kogyo Co., Ltd.
Support Data for the Summary of Consolidated Financial Results
for the Six Months Ended September 30, 2023
October 30, 2023
Stock code: 4206
ⒸAica Kogyo Co., Ltd. | ＊ "FY" in this material indicates the fiscal year ending March 31 of the succeeding year. | |
1. Consolidated Financial Results
[JPY million] | |||||||
FY2022 Q1-Q2 | 115.53FY2023 Q1-Q2 | ||||||
Results | Profit | Profit | |||||
Forecast | Results | YoY | vs Fcst. | ||||
margin | Margin | ||||||
Net Sales | 117,704 | － | 119,000 | 113,307 | ー | ▲3.7% | 95.2% |
Operating Profit | 9,437 | 8.0% | 10,000 | 11,406 | 10.1% | +20.9% | 114.1% |
Ordinary Profit | 10,294 | 8.7% | 10,300 | 12,047 | 10.6% | +17.0% | 117.0% |
Net Income* | 6,436 | 5.5% | 6,200 | 7,390 | 6.5% | +14.8% | 119.2% |
[Unit per share: JPY] | |||||||
Earnings per share | 100.62 | ー | 96.93 | 115.53 | － | +14.8% | 119.2% |
Decrease in sales and increase in profit
Operating Profit, Ordinary Profit, Net Income*：Reached a record high
*Profit attributable to owners of parent
ⒸAica Kogyo Co., Ltd. | 2 |
2. Results by Segment
[JPY million]
Net Sales | Operating Profit | |||||||||||
FY2022 | ||||||||||||
FY2023 | FY2023 | FY2022 | FY2023 | FY2023 | ||||||||
Q1-Q2 | Q1-Q2 | YoY | Q1-Q2 | vs Fcst. | Q1-Q2 | Q1-Q2 | YoY | Q1-Q2 | vs Fcst. | |||
Results | Results | Forecast | Results | Results | Forecast | |||||||
Chemical | 3,783 | 4,225 | +11.7% | 3,800 | 111.2% | Amount | ||||||
71,654 | 63,697 | ▲11.1% | 72,000 | 88.5% | ||||||||
Products | ||||||||||||
5.3% | 6.6% | ー | 5.3% | ー | MarginProfit | |||||||
Laminates | 7,459 | 9,090 | +21.9% | 8,100 | 112.2% | Amount | ||||||
& | 46,050 | 49,610 | +7.7% | 47,000 | 105.6% | |||||||
Building | MarginProfit | |||||||||||
Materials | 16.2% | 18.3% | ー | 17.2% | ー | |||||||
(Adjustments) | ▲1,804 | ▲1,909 | +5.8% | ▲1,900 | ー | Amount |
9,437 | 11,406 | +20.9% | 10,000 | 114.1% | Amount | |||||
Total | 117,704 | 113,307 | ▲3.7% | 119,000 | 95.2% | |||||
8.0% | 10.1% | ー | 8.4% | － | MarginProfit |
ⒸAica Kogyo Co., Ltd. | 3 |
3. Dividends Per Share
Basic policy is to continue progressive dividend
[JPY]
Interim Dividends | Year-end Dividends |
Per Share | Per Share |
AICA's track record of annual dividend payments as of FY2022
Increase in dividends for 14th consecutive year No dividend reduction for 25th consecutive year
Expect to increase in Dividends per Share for FY2023*
85
47
92
50
103
56
106
57
107
58
108
58
109 111*
59 59*
(Forecast)
28
13
15
30
15
15
32
17
15
34
17
17
36
19
17
38
19
19
43
23
20
46
25
21
38
42
47
49
49
50
50 52
FY2008 | FY2010 | FY2012 | FY2014 | FY2016 | FY2018 | FY2020 | FY2022 | FY2023 |
FY2023 dividends are current forecast values
ⒸAica Kogyo Co., Ltd. | 4 |
【 Appendix 】 Historical Consolidated Results for the Six Months Ended September 30
Net Sales | [JPY million] |
120,000 | 117,704 |
113,307 | Profit |
100,000 | 98,650 | ||
91,848 | 12,047 | 12,000 | |
80,000 | 10,502 | 77,927 |
10,156 |
60,000 | 6,582 | 6,484 | 6,267 |
10,294 | 10,000 |
8,000 | |
7,390 | |
6,436 | 6,000 |
3,841 |
40,000
FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |||
Q1-Q2 | Q1-Q2 | Q1-Q2 | Q1-Q2 | Q1-Q2 | |||
Net Sales | Ordinary Profit | Net Income* | |||||
*Profit attributable to owners of parent
4,000
2,000
ⒸAica Kogyo Co., Ltd. | 5 |
【 Appendix 】 Historical and Planned Consolidated Results for the Year Ended March 31
Net Sales | [JPY million] | ||
260,000 | |||
250,000 | |||
242,055 | Profit | ||
220,000 | 214,514 |
191,501 | 24,000 | ||||
180,000 | 174,628 | 21,840 | 22,088 | 22,500 | |
21,333 | 20,000 | ||||
18,438 | |||||
140,000 | 12,732 | 13,117 | 13,200 | ||
10,759 | 10,059 | ||||
100,000 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 |
(forecast) | |||||
Net Sales | Ordinary Profit | Net Income* |
*Profit attributable to owners of parent
16,000
12,000
8,000
ⒸAica Kogyo Co., Ltd. | 6 |
【 Appendix 】 Sales Breakdown for Chemical Products
[JPY billion] | ||||||||
FY2022 | FY2023 | |||||||
Q1-Q2 | ||||||||
Full Year | Q1-Q2 | Q1-Q2 | YoY | vs Fcst. | ||||
Results | Forecast | Results | ||||||
Adhesives*1 | 51.11 | 101.50 | 51.35 | 45.11 | ▲11.7% | 87.9% | ||
(Of which, AAP*2) | (41.22) | (81.07) | (41.40) | (35.05) | ▲15.0% | 84.7% | ||
Construction Resins*1 | 4.74 | 9.81 | 4.80 | 4.99 | +5.3% | 104.0% | ||
Specialty & | 9.49 | 17.70 | 9.50 | 7.47 | ▲21.2% | 78.7% | ||
Performance Materials*1 | ||||||||
Other Products*1 | 6.30 | 12.28 | 6.35 | 6.11 | ▲3.1% | 96.3% |
Total
71.65
141.31
72.00
63.69
▲11.1% 88.5%
*1. Changes in product group classification: Hot melts and acrylic compounds, which had been classified in the Specialty & Performance Materials / Other product groups, are now classified into the Adhesives category from this fiscal year onward.
Sales of KUNSHAN AICA KOGYO CO., LTD. and Shenyang AICA-HOPE Kogyo Co., Ltd., which had been classified directly under the Adhesives, Construction Resins, and Specialty & Performance Materials product groups, are now classified as AAP sales from this fiscal year onward.
*2. AAP: AICA Asia Pacific Group
ⒸAica Kogyo Co., Ltd. | 7 |
【 Appendix 】 Sales Breakdown for Laminates & Building Materials
High Pressure Laminates
(HPL)
Decorative Polyester Boards,
Decorative Films
Melamine Fire Retardant
Decorative Panels "CERARL"
Noncombustible
Decorative Panels
Building and
Housing Materials*
Total
FY2022 | ||
Q1-Q2 | Full Year | Q1-Q2 |
Results | Forecast | |
14.10 | 32.20 | 14.80 |
5.83 | 12.50 | 5.85 |
10.14 | 21.74 | 10.20 |
3.85 | 7.80 | 3.86 |
12.10 | 26.48 | 12.29 |
46.05 | 100.74 | 47.00 |
[JPY billion]
FY2023
Q1-Q2 | YoY | vs Fcst. |
Results | ||
15.91 | +12.8% | 107.5% |
5.84 | +0.2% | 99.9% |
10.81 | +6.6% | 106.0% |
3.46 | ▲10.0% | 89.9% |
13.56 | +12.0% | 110.4% |
49.61 | +7.7% | 105.6% |
*Changes in product group classification: The former Countertops, Postforming Products and Fittings, Interior Housing Materials product groups are now integrated into the Building and Housing Materials category from this fiscal year onward.
ⒸAica Kogyo Co., Ltd. | 8 |
- Appendix 】 Overseas Sales by Segment
Chemical Products
Laminates
- Building Materials
Total
[JPY billion] | ||||
FY2022 | FY2023 | |||
Q1-Q2 Results | Q1-Q2 Results | |||
Overseas | Overseas | Overseas | YoY | Overseas |
Net Sales | Sales Ratio | Net Sales | Sales Ratio | |
53.79 | 75.1% | 45.29 | ▲15.8% | 71.1% |
8.35 | 18.1% | 9.47 | +13.4% | 19.1% |
62.14 | 52.8% | 54.77 | ▲11.9% | 48.3% |
ⒸAica Kogyo Co., Ltd. | 9 |
"FY" in this material indicates the fiscal year ending March 31 of the succeeding year.
This document has been translated from the Japanese original for reference purpose only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
The matters such as current plan, prospect, strategy, or conviction which indicated in this report but not historical fact are only the expectation of the future achievement, and there are the risks or unexpected factors.
This information has made based on the judgment of the manager of Aica Kogyo Co., Ltd. using current available information. The actual result can be difference from the current prospect because of various important elements, so please avoid depending on fully to only this prospect.
This document is not a thing for investment inducement. We request that the decision about the investment will be performed by the judgment of each user.
ⒸAica Kogyo Co., Ltd. | 10 |
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Aica Kogyo Company Limited published this content on 30 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 08:11:44 UTC.
