Presentation of Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

November 29, 2023

Copyright(c) ASAHI YUKIZAI CORPORATION

Business Overview

Copyright(c) ASAHI YUKIZAI CORPORATION

Business Overview

Asahi Yukizai Group's Three Business Segments

Water Treatment & Natural Resources Development Divisions

Net sales: 3.4 billion yen

Operating profit: 30 million yen

Resin Divisions

24

Net sales:

10.7 billion yen

Operating profit: 0.7 billion yen

%

Valve & Piping Systems Divisions

Net sales: 29.7 billion yen

Operating profit: 7.6 billion yen

8%

FY2023

Net sales

43.8 billion yen 68%

Operating profit

8.3 billion yen

Copyright(c) ASAHI YUKIZAI CORPORATION

2

Securities code: 4216

Summary

Record-High Sales and Profit in Half-Year Financial Results

Net sales: 43.8 billion yen Operating profit: 8.3 billion yen

Upward Revision of Full-Year Forecast

Net sales: 86 billion yen

Operating profit: 14.5 billion yen

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Net sales: 84 billion yen

Operating profit: 12 billion yen

Increased Dividends

Interim: 50 yen

Year-end: 50 yen (forecast)

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Interim: 40 yen

Year-end: 40 yen (forecast)

Copyright(c) ASAHI YUKIZAI CORPORATION

3

Securities code: 4216

Financial Results for the Second Quarter

Copyright(c) ASAHI YUKIZAI CORPORATION

Company-wide Results

Consolidated

FY2022

FY2023

basis

1H

1H

Net sales

35,938

43,844

Operating

5,339

8,291

profit

Ordinary

5,839

8,560

profit

Quarterly profit

3,813

5,471

attributable to owners

of parent

Quarterly profit per

199.08

285.55

share

Amount: million yen

Changes from the

previous year

Amount of Rate of

change change

+7,907

+22.0%

+2,952

+55.3%

+2,721

+46.6%

+1,658

+43.5%

Amount: yen

+86.47

Copyright(c) ASAHI YUKIZAI CORPORATION

5

Securities code: 4216

Trends in Company-wide Sales, Operating Profit, and Operating Profit Ratio ‒ 1H

Sales: 100 million yen

Operating Profit: 100 million yen

500

100

450

400

80

350

60

300

250

40

200

150

20

100

0

50

0

△ 20

01

03

04

02

06

11

12

13

14

15

18

20

00

05

07

08

09

10

21

22

16

17

19

23

00 1H

01 1H

021H

031H

04 1H

05 1H

06 1H

07 1H

081H

09 1H

10 1H

111H

12 1H

13 1H

14 1H

15 1H

16 1H

171H

18 1H

19 1H

201H

21 1H

22 1H

23 1H

175

162

137

147 175

177

194

189

191

134

152

170

158

158

191

209

189

215

274

264

239

294

359

438

売上⾼

Net sales

6

-1

-6

-3 9

7

16

12

4

-11

2

6

1

-1

5

7

6

12

17

17

8

25

53

83

営業利益

Operating profit

Operating

3%

-1%-5%-2% 5%

4%

8%

6%

2%

-8%

1%

3%

1%

0%

3%

3%

3%

5%

6%

7%

3%

8% 15% 19%

営業利益率

profit ratio

6

Copyright(c) ASAHI YUKIZAI CORPORATION

Securities code: 4216

Asahi America

Momentum of FY2022 is Continuing in FY2023.

Sales in thousand dollars

売上⾼:千ドル 160,000

120,000

80,000

Trends in sales, ordinary profit, and ordinary profit ratio

Ordinary profit in 経常thousand利益:千dollarsドル

50,000

40,000

30,000

20,000

40,000

10,000

0

0

FY201616年度

FY201717年度

FY201818年度

FY201919年度

FY202020年度

21FY2021年度

FY202323年度

FY202222年度

売上⾼

45,972

50,238

55,078

56,540

52,072

65,829

104,108

Net sales

5,369

5,429

6,246

5,734

4,633

7,181

25,628

経常利益

Ordinary profit

Ordinary profit

12%

11%

11%

10%

9%

11%

25%

経常利益率

ratio

Exchange rate

108.8

112.2

110.4

109.1

106.8

109.8

131.4

yen/dollar

Copyright(c) ASAHI YUKIZAI CORPORATION

7

Securities code: 4216

Trends in Company-wide Sales, Operating Profit, and Operating Profit Ratio ‒ Quarter

Sales: 100 million yen

Operating Profit: 100 million yen

250

200

150

100

50

0

1Q

2Q

3Q

4Q

1Q

2Q

3Q

20年度

19FY2019年度

FY2020

120

144

145

157

112

127

142

売上⾼

Net sales

6

11

12

14

1

7

10

営業利益

Operating profit

Operating profit

5%

8%

8%

9%

1%

6%

7%

営業利益率

ratio

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

21FY2021年度

FY202222年度

FY202323年度

155

137

158

178

175

168

192

204

207

210

228

15

8

17

23

18

21

33

31

35

41

42

10%

6%

11%

13%

10%

12%

17%

15%

17%

19%

18%

45

40

35

30

25

20

15

10

5

0

Copyright(c) ASAHI YUKIZAI CORPORATION

8

Securities code: 4216

Valve & Piping Systems Divisions ‒ 1H

Plant construction demand in semiconductor related businesses is strong both in Japan and overseas. Increase in overseas sales and effect of yen depreciation, etc. resulted in profit increase.

Amount: million yen

FY2022

1H

FY2023

Results

Amount of change Rate of change

Valve &

Piping

Systems

Divisions

Net sales

Operating profit

Operating profit ratio

22,787

5,050

22.2%

29,742 +6,955 +30.5%

7,633 +2,583 +51.1%

25.7% +3.5%

Sales: 100 million yen

Operating Profit: 100 million yen

350

100

300

80

250

200

60

150

40

100

20

50

0

0

15 1H

16 1H

17 1H

18 1H

19 1H

20 1H

21 1H

22 1H

23 1H

Net sales

121

109

119

164

159

146

171

228

297

Operating

9

8

9

15

13

8

19

51

76

profit

Operating

8%

7%

8%

9%

8%

6%

11%

22%

26%

profit ratio

Copyright(c) ASAHI YUKIZAI CORPORATION

9

Securities code: 4216

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Disclaimer

Asahi Yukizai Corporation published this content on 29 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2023 09:51:12 UTC.