1. Steady implementation of capital investment decided on for the previous medium-term management plan "PROUD 2020"
→ We made steady progress on major projects, including a new isoprene plant in Thailand,
a new water-soluble poval film plant in Poland, and new equipment for Calgon Carbon (U.S.).
Expansion of the Environmental Solutions Business
We integrated Calgon Carbon Division and the Carbon Materials Division, whose main product is activated carbon, and launched the Environmental Solutions Division. We built a centralized management system and accelerated initiatives to generate synergy.
EVAL ™ Production Capacity Increase
We will make a decision in early stage of the next medium-term management plan period.
New line for VECSTAR ™ FCCL
We monitor penetration of 5G carefully and will decide as demand increase.
5.Promotion of digitalization in entire group
We launched the Global Digital Transformation (GDX) Promotion Team and accelerated our efforts to enhance added value strategies and reform operating processes.
4
Forecast for FY2021
(Billion yen)
FY2021 Revised
FY2021 Original
Difference
FY2020 Result
Difference
Forecast
Forecast
Net Sales
610.0
570.0
40.0
541.8
68.2
Operating
66.0
55.0
11.0
44.3
21.7
Income
Ordinary Income
61.0
50.0
11.0
39.7
21.3
Net Income*
33.0
30.0
3.0
2.6
30.4
Reference
JPY/USD
106
105
107
JPY/EUR
127
125
122
Domestic naphtha
47
35
34
(JPY1,000/kl)
5
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Kuraray Co. Ltd. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 02:10:07 UTC.
Kuraray Co., Ltd. is the world's leader in the manufacturing and marketing of chemical products, resins and synthetic fibers. Net sales break down by family of products as follows:
- chemical and resin (45.6%): functional resins and films, elastometers, thermoplastics, adhesives, fine chemistry products, etc. primarily for cosmetic products, televisions and mobile phones screens, foot packaging and paper manufacturing;
- fibers and textile products (29.8%): synthetic fibers and man-made leather, polyester, nonwoven textile products, resins, etc. sold under the brands Kuralon, Clarino Vectran and Kuraflex;
- functional materials (18.8%): methacrylic resin, medical chemicals, carbon materials, etc.;
- other (5.8%): primarily dental treatment and water purifying products.
At the end of 2019, the group had 52 production worldwide.
Net sales break down geographically as follows: Japan (27.1%), China (13.8%), Asia (12.3%), Europe (23.6%), the United States (18.5%) and other (4.7%).