Home / Investor Relations / Business Results and Financial Highlights / Business Results

Investor Relations

Business Results and Financial Highlights

Business Results

Comments

    The FY ended March 2017’s Results
  • The operating profit of the FY ended March 2017 decreased YoY mainly due to the negative impact of the stronger yen compared to the previous year. However, it was significantly higher than our revised target which we announced in October thanks to the recovery in the Petrochemicals market.
  • Petrochemicals Business: Both the sales and the profit of the Elastomer business increased YoY. The earnings jumped up in the second half of the fiscal year because of the recovery in the market condition and expansion in sales. The second phase of our SSBR plant in Thailand began full-scale operation.
  • Fine Chemicals and other Businesses: The profit decreased YoY due to the negative impact of the stronger yen even though the sales exceeded the previous year. In the Semiconductor materials business, the sales of the materials for cutting-edge processes grew steadily. In the Display materials business, the sales increased YoY in rapidly growing Chinese market even with intensified competition.

  • The FY ending March 2018’s Projection
  • We forecast that earnings of FY ending March 2018 will exceed the results of FY ended March 2017. Sales: 405.0 billion yen, Operating Profit: 35.0 billion yen.
  • Petrochemicals Business: We aim to gain benefits from the wider margin spread thanks to the recovery in the market condition and increase sales volume by full-scale operation in our SSBR plant in Thailand.
  • Fine Chemicals and other Businesses: In the Semiconductor materials business, we aim to expand sales of the materials for cutting-edge processes. In the Display materials business, we aim for further increase in our Chinese market share. In the Life Sciences business, we expect further growth in the fields related to antibody drugs.
  • The new medium-term management plan “JSR20i9” starts from FY ending March 2018. There willbe unforeseeable business condition for the time being, however, we aim for solid future growth.
  • Comments of the past is here.
Investor Relations