ASAHI KASEI CORPORATION Fiscal 2021 2nd Quarter
Financial Results
- supplementary financial summary -
November 5, 2021
Asahi Kasei Corporation
Focus of H1 2021 results and FY 2021 forecast
H1 2021 results
- Net sales, operating income, ordinary income, and net income all at new record highs for H1
- Recovery in Material; Health Care overcoming decline in ventilator shipments to maintain previous year's level
FY 2021 forecast
- Net sales, operating income, ordinary income, and net income all forecasted to reach new record highs
- Full-yearforecast upward revised with strong H1 performance
- H2 expected to generally track initial forecast, but increasing uncertainty in the operating climate
Shareholder returns
- Interim dividend of ¥17 per share, full-year dividend forecast of ¥34 per share
- Cumulative payout ratio of 38.3% forecasted for FY 2019-2021 period
- No change in basic policy for stable and continually increased dividends while making determination in consideration of full-year results
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Contents
1. Consolidated results for 1st half fiscal year 2021
5 | Summary of financial results |
6-7 | Sales and operating income by segment |
8 | Statements of income |
9 | Balance sheets |
10 | Cash flows |
2. Forecast for fiscal year 2021
12 Consolidated operating performance forecast
13-14 Sales and operating income forecast by segment
3. Appendix
16 Sales and operating income increase/decrease by segment Sales and operating income by business category
Sales and operating income forecast by business category
25 Overseas sales
26 Extraordinary income and loss
27 Primary investments by business category
28 Major investments
29-37 Overview of results by segment
38-39 Quarterly sales and operating income
40-41 Sales and operating income for FY 2019-2021
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.
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1. Consolidated results for 1st half
fiscal year 2021
4
Summary of financial results
- Considerable increase in net sales and operating income compared to year-ago period significantly impacted by COVID-19
- Results largely in line with previous forecast, but higher net income with partial booking in H1 of income tax reduction forecasted for H2 from reconfiguration of Veloxis organizations
H1 2020 | H1 20211 | Increase | % change | |
(decrease) | ||||
a | b | b-a | ||
Net sales | 989.4 | 1,181.0 | 191.7 | +19.4% |
Operating income | 76.8 | 113.1 | 36.4 | +47.4% |
Ordinary income | 77.5 | 119.2 | 41.8 | +53.9% |
Net income attributable to owners of the parent | 46.8 | 91.3 | 44.5 | +95.1% |
¥/US$ exchange rate (market average) | 107 | 110 | 3 | |
¥/€ exchange rate (market average) | 121 | 131 | 10 | |
Net income per share (EPS) (¥) | 33.72 | 65.79 | ||
Dividends per share (¥) | 17 | 17 | ||
(¥ billion, unless otherwise specified)
H1 2021 | Increase | |
forecast | % change | |
(decrease) | ||
in Aug.1 | ||
c | b-c | |
1,198.0 | (16.9) | -1.4% |
106.0 | 7.1 | +6.7% |
110.0 | 9.2 | +8.4% |
72.0 | 19.3 | +26.8% |
110 | 0 | |
131 | (0) | |
1 The Accounting Standard for Revenue Recognition is applied beginning with FY 2021. | 5 |
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Disclaimer
Asahi Kasei Corporation published this content on 05 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2021 04:01:04 UTC.
