Toyo Ink SC : Supplemental data of FY2023 First Half Financial Results

Toyo Ink SC Holdings Co., Ltd.

TSE Code: 4634

August 7, 2023

Supplemental data of

FY2023 First Half Financial Results

※The forecasts sets out in this presentation are based on the assumptions and beliefs of our management in light of the information available to it as of August 7, 2023. Changes in global, economic and business conditions could cause actual results to differ materially from these forecasts. All amounts are rounded to the nearest 100 million yen.

Copyright © TOYO INK SC HOLDINGS CO., LTD. All Rights Reserved.

FY2023 First Half Business Performance

Net sales

Operating

profit

Ordinary

profit

Profit attributable to

owners of parent

Operating margin

Overseas sales ratio

(Unit: 1 billion yen)

1H, FY2022	1H, FY2023	Increase/	FY2023
decrease (%)	Forecast
154.8	153.7	-0.7	330.0
4.6	4.8		11.0
3.0
6.7	5.4	-20.2	9.5
8.4	3.8	-54.3	6.0

+0.1

3.0% 3.1% （point)3.3%

+0.3

52.5% 52.8% （point)

As at	As at
Dec. 31, 2022	June 30, 2023	FY2023	First Half

(Unit: 1 billion yen)

		As at	As at	Increase/
		Dec. 31, 2022	June 30, 2023	decrease (%)
	Current assets	229.2	221.9	-3.2
		181.9
	Fixed assets	204.1	12.2
	Total assets	411.2	426.1	3.6
	Current
	113.5	120.8	6.5
	liabilities
	Long-term	69.8	59.9	-14.3
	liabilities
	Total liabilities	183.3	180.7	-1.4
	Total net assets	227.9	245.4	7.7
	Total of liabilities	411.2	426.1	3.6
	and net assets
Year End		As at		As at
Dec. 31, 2022	June 30, 2023
(forecast)

Interest-bearing debt

(1 billion yen)

Net worth ratio (%)

D/E ratio

86.4 87.4

53.3 55.5

0.42 0.42

			Consolidated
			subsidiaries
Dividend	45	45
Equity method
(yen/1share)			companies

61 57

76

	Supplemental data of FY2023 First Quarter Financial Results
1	Copyright © TOYO INK SC HOLDINGS CO., LTD. All Rights Reserved.

Performance by Segment

				1H, FY2023		Increase/		Increase/		FY2023			Increase/
					decrease (%)		decrease (%)		Total Results			decrease (%)
				( 1 billion yen )
					Year on Year		Quarter on Quarter		( 1 billion yen )			Year on Year
				Net sales		Operating		Net sales		Operating		Net sales		Operating		Net sales			Operating			Net sales			Operating
					profit			profit			profit				profit					profit
Colorants		Japan	9.7	0.3	-4.9	-58.2		13.7	215.6	18.3	0.4	-10.7	-75.1
and
Overseas	15.7	0.9	5.7	353.1		7.8	279.1	30.2	1.1	6.3	246.4
Functional
Materials		Total
		20.7		0.9		1.9		82.9		10.4		70.3		39.4		1.5		-0.0			-2.4

Polymers	Japan	12.4	0.4	-7.5	2.2	6.9	6.1	23.9	0.8	-7.3	-6.7
Overseas
and	9.1	0.7	-5.6	65.2	14.2	42.3	17.1	1.2	-6.8	54.5
Coatings	Total	19.0	1.1	-4.0	58.5	9.8	38.5	36.3	1.9	-4.7	28.1

			Japan	11.0	0.3	0.5	40.7	-0.6	-42.5	22.0	0.9	3.5	63.8
	Packaging		Overseas	9.5	0.4	-9.7	-	0.5	172.5	18.9	0.6	-2.1	-
			Total						-4.6		294.1		-0.3		3.4						0.9		201.2
				20.1		0.7						40.4		1.4
	Printing		Japan	9.2	-0.2	0.1	-	0.3	-	18.3	-0.5	1.9	-
		Overseas
	and		10.4	0.3	-3.9	-33.6	6.0	92.0	20.1	0.5	-1.1	-44.5
	Information
		Total
			18.5		0.1		-2.0		-56.2		-3.3		-		36.3		-0.0		0.0		-
	Others	1.4	0.0	7.3	-99.7	-7.1	-95.4	2.8	0.0	13.6	-97.7
	Adjustment	-0.8	-0.0	-	-	-	-	-1.6	-0.0	-	-
	Total consolidated		78.8		2.8		-2.1		58.1		5.4		48.9		153.7		4.8		-0.7		3.0
(Note) The segment performance for Japan and overseas does not take into account eliminations between regions. Supplemental data of	FY2023 First Quarter Financial Results
2												Copyright © TOYO INK SC HOLDINGS CO., LTD. All Rights Reserved.

Performance by Region

FY2023

Japan

Asia

Europe

The Americas

Adjustment

Total consolidated

（Note）

FY2022

( 1 billion yen )

Japan

Asia

Europe

The Americas

Adjustment

Total consolidated

3

1H, FY2023	Increase/decrease	Increase/decrease		FY2023		Increase/decrease
( % )	( % )		Total Results	( % )
(1 billion yen )
Year on Year	Quarter on Quarter		( 1 billion yen )		Year on Year
Net sales	Operating	Net sales	Operating	Net sales	Operating		Net sales	Operating		Net sales		Operating
profit	profit	profit		profit			profit
43.6	0.7	-3.0	-37.9	4.6	-6.4		85.3		1.5		-3.2		-49.6
							60.6		2.4		-3.6		44.1
31.7	1.5	-3.6	69.7	9.4	65.9
6.4	0.6	-9.9	108.0	-7.2	-		13.4		0.6		5.6		39.7
							12.2		0.3		13.3		-
6.4	0.2	12.2	-	11.3	45.4
-9.3	-0.2	-	-	-	-	-17.8		-0.2		-		-
78.8	2.8	-2.1	58.1	5.4	48.9	153.7		4.8		-0.7		3.0
1st Quarter	2nd Quarter	3rd Quarter		4th Quarter		Total
Net sales	Operating	Net sales	Operating	Net sales	Operating		Net sales	Operating		Net sales		Operating
profit	income	profit		profit			profit
43.1	1.8	44.9	1.2	42.7	-0.5	46.3		0.4	177.0	2.9
30.0	0.8	32.8	0.9	32.4	0.9	31.6		1.1	126.9	3.7
5.5	0.2	7.1	0.3	7.0	-0.1	7.3		0.1	26.9	0.5
5.0	-0.0	5.7	-0.1	6.3	0.0	5.6		-0.0	22.7	-0.1
-9.4	0.1	-10.2	-0.5	-8.1	0.4	-9.9		-0.1	-37.6	-0.1
74.2	2.8	80.5	1.8	80.2	0.7	80.9		1.6	315.9	6.9
					Supplemental data of	FY2023 First Quarter Financial Results
				Copyright © TOYO INK SC HOLDINGS CO., LTD. All Rights Reserved.