ASAHI KASEI CORPORATION Fiscal 2020
Financial Results
- supplementary financial summary -
May 13, 2021
Asahi Kasei Corporation
Contents
1. Consolidated results for fiscal 2020
4 | Summary of financial results |
5 | Impact of COVID-19 |
6 | Sales and operating income by segment |
7 | Statements of income |
8 | Balance sheets |
9 | Cash flows |
2. Forecast for fiscal 2021
11 | Consolidated operating performance forecast |
12 | Sales and operating income forecast by segment |
3. Appendix
14 | Sales and operating income increase/decrease by |
segment | |
15 | Extraordinary income and loss |
16 | Overseas sales by business category |
17-18 | Sales and operating income by business category |
19-20 | Sales and operating income increase/decrease |
by business category | |
21-22 | Sales and operating income forecast |
by business category | |
23 | Primary investments by business category |
24 | Major investments |
25-34 | Overview of results by segment |
35-36 | Quarterly sales and operating income |
Disclaimer
The forecasts and estimates shown in this document are dependent on a variety of assumptions and
economic conditions. Plans and figures depicting the future do not imply a guarantee of actual outcomes.
2
1. Consolidated results for fiscal 2020
3
Summary of financial results
- Decline in Material and Homes covered by rise in Health Care; sales and operating income largely even with previous year
- Large decrease in net income resulting from temporary income tax expense related to reconfiguration of Veloxis organizations
- Maintaining dividends at ¥34 per share in accordance with policy of stable and continually increased dividends
(¥ billion, unless otherwise specified)
FY 2019 | FY 2020 | ||
Result | Forecast | ||
in Feb. | |||
Net sales | 2,151.6 | 2,106.1 | 2,091.0 |
Operating income | 177.3 | 171.8 | 160.0 |
Ordinary income | 184.0 | 178.0 | 165.0 |
Net income attributable to owners of the parent | 103.9 | 79.8 | 71.0 |
¥/US$ exchange rate (market average) | 109 | 106 | 106 |
¥/€ exchange rate (market average) | 121 | 124 | 122 |
Net income per share (EPS) (¥) | 74.85 | 57.49 | |
Dividends per share (¥) | 34 | 34 | |
Payout ratio (%) | 45.4 | 59.1 | |
Net income per shareholders' equity (ROE) (%) | 7.6 | 5.6 |
FY 2020 vs. FY 2019 | Result vs. forecast in Feb. | ||
Increase | % change | Increase | % change |
(decrease) | (decrease) | ||
(45.6) | -2.1% | 15.1 | +0.7% |
(5.5) | -3.1% | 11.8 | +7.4% |
(6.0) | -3.2% | 13.0 | +7.9% |
(24.2) | -23.2% | 8.8 | +12.3% |
(3) | 0 |
3 | 2 |
4
Impact of COVID-19
➢ Decline in demand for automotive and petrochemical products mainly in Q1; demand | |
recovery and market price improvement from Q2 | |
Material | ➢ Increased demand for LIB1 separators and electronic materials resulting from stay-at-home |
demand | |
➢ Severe conditions for apparel fibers continued; some signs of recovery | |
➢ Number of visitors to model homes decreased due to COVID-19 restrictions, severe | |
Homes | environment for orders throughout the year |
➢ Reinforcing measures to attract customers with online events, etc.; some signs of recovery | |
in orders | |
➢ Large increase in demand for ventilators in Critical Care | |
Health Care | ➢ Increased demand for virus removal filters related to development and manufacture of |
COVID-19 drugs and vaccines | |
➢ Sales calls to hospitals curtailed by COVID-19 restrictions |
1 Lithium-ion battery
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Disclaimer
Asahi Kasei Corporation published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 22:39:08 UTC.
