Sumitomo Bakelite : Financial Results for 1st Quater and Business Outlook
August 07, 2023 at 03:55 am EDT
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Financial Results
for 1st Quarter of FY2023
August 7, 2023
Sumitomo Bakelite Co., Ltd.
2021.5.12
Ver6.6
Outline of Financial Results for 1st Quarter of FY2023
2
Financial Results for 1st Quarter of FY2023 (Y/Y)
［Unit: Billion yen］
【IFRS】
1Q of FY2022
1Q of FY2023
Variance (Y/Y)
【IRS】
(1)
(2)
(2)-(1)
Ratio
71.7
70.3
-1.5
-2.1%
Revenue
Business Profit
6.9
6.6
-0.3
-4.3%
Operating Profit
6.7
6.5
-0.2
-3.5%
Profit attributable to
4.7
5.7
1.0
21.3%
owners of parent
* "Business profit" is calculated by deducting "Cost of sales" and "Selling, general and administrative expenses" from "Revenue".
FOREX
1Q - FY2022
1Q - FY2023
JPY / USD
129.04
138.11
JPY / EUR
138.24
150.35
3
Revenue and Business Profit by Business Segment (Y/Y)
[Unit: Billion yen]
Revenue
30.0
21.2
25.9
24.3
24.4 25.7
20.0
20.2
10.0
0.0
0.2 / 0.2
Semiconductor Materials High Performance Plastics
Quality of Life Products Other / All
Business Profit
6.0
4.5
4.2
4.0
2.3
1.1
2.0
2.0
1.1
-0.9 /-0.9
0.0
Semiconductor Materials High Performance Plastics
Quality of Life Products
Other / All
1Q of FY2022
1Q of FY2023
4
Quarterly Revenue by Business Segment
[Unit: Billion yen]
Semiconductor Materials
High Performance Plastics
Quality of Life Products
30
21.220.619.718.020.2
25.924.926.225.324.3
24.426.027.124.725.7
20
10
0
1Q
2Q
3Q
4Q
1Q
1Q
2Q
3Q
4Q
1Q
1Q
2Q
3Q
4Q
1Q
FY
FY
FY
FY
FY
FY
2022
2023
2022
2023
2022
2023
■ Semiconductor Materials
The demand for semiconductor encapsulation materials has bottomed out
and is slowly recovering.
■ High Performance Plastics
The impact of inventory adjustment in consumer applications remains
significant.
■ Quality of Life Products
Sales revenue remained strong in films & sheets products and
healthcare-related products.
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Sumitomo Bakelite Co. Ltd. published this content on 07 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2023 07:54:12 UTC.
Sumitomo Bakelite Company Limited is a Japan-based company mainly engaged in the manufacture and sale of semiconductor-related materials, high-functional plastic and quality of life related products. The Company operates in three segments. The Semiconductor-related Materials segment provides epoxy molding materials for semiconductor encapsulation, liquid resins for semiconductor uses and semiconductor substrate material. The High-Functional Plastic segment provides phenolic molding materials, industrial phenolic resins, molding products and synthetic resin-based adhesives, among others. The Quality of Life Product-related segment offers medical equipment, thermoplastic resins, vinyl resin sheets and melamine resin decorated sheets, among others. Other businesses include contract works of research and test and the leasing of land, etc.
SUMITOMO BAKELITE COMPANY LIMITED 
