Revenue growth led by Advanced Materials, Specialty Chemicals, Specialty Plastics and Other Operation, partially offset by weakness in Construction
Core operating profit decreased primarily due to higher raw material and energy costs affecting Specialty Plastics
Operating profit improved due to a decrease in impairment charges from ¥5.3bn (FY21) to ¥2.1bn (FY22)
Profit before taxes increased on higher operating profit
Profit attributable to the Company increased on higher profit before taxes
4
FY2021 Financial Summary (2)
Revenue & Core Operating Profit by Segment
(¥ billion)
FY2021
FY2022
1H
2H
Full-year
1H
2H
Full-year
Revenue
79.1
89.3
168.3
101.8
89.5
191.3
Advanced materials
28.8
37.9
66.7
47.3
35.4
82.7
Specialty chemicals
12.8
13.4
26.2
17.5
14.3
31.8
Specialty plastics
22.9
21.8
44.8
23.8
23.0
46.8
Construction
5.5
6.7
12.2
4.2
7.1
11.3
Other operations
9.0
9.5
18.5
8.9
9.8
18.7
Core operating profit
11.1
14.2
25.3
16.6
7.7
24.3
Advanced materials
2.6
7.4
10.0
9.0
1.1
10.1
Specialty chemicals
1.2
0.3
1.4
1.6
0.2
1.8
Specialty plastics
5.1
4.7
9.9
4.3
4.3
8.6
Construction
0.4
0.6
1.0
0.3
0.6
0.9
Other operations
1.8
1.3
3.1
1.4
1.4
2.8
Adjustments
0.0
0.1
0.1
-0.0
-0.1
-0.2
Other income
0.5
0.8
1.2
0.5
0.6
1.2
Other expenses
0.2
6.2
6.5
0.4
2.6
3.0
Operating profit
11.4
8.8
20.1
16.7
5.6
22.4
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Kureha Corporation published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2023 06:12:09 UTC.
KUREHA CORPORATION is a Japan-based company that mainly offers functional, chemical and resin products. The Company operates in five business segments. The Functional Products segment manufactures and sells functional resins and carbon products. The Chemical Products segment manufactures and sells pharmaceuticals, agricultural chemicals, inorganic chemicals, and organic chemicals. The Resin Products segment manufactures and sells food packaging materials and household products. The Construction-Related segment engages in construction contract for civil engineering and construction work, construction work supervision and repair work supervision for industrial facilities. The Others segment engages in transportation and warehousing business, sales, rental and management of real estate, industrial waste treatment and sales of environment-related treatment equipment, operation of hospitals and nursing care facilities for the elderly, as well as others.