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Business Results and Financial Highlights

Business Results (Quartely Trends)

Comments

    The first quarter of FY ending March 2018’s Results

  • Both sales and operating profit (OP) increased sharply YoY. Moreover, it showed great progress toward our target which we announced in April.

  • Petrochemical Products Business: Both sales and OP increased YoY.

  • Both sales and OP of the Elastomer business increased sharply YoY. That was because spread between sales price and raw material price was sharply widen as a result of sales price revision among the recovery in the market condition since the second half of last year as well as sales volume increase.

  • Both sales and OP of the Plastic business also increased YoY mainly because of export sales increase.

  • Fine Chemicals and other Businesses: Both sales and OP increased YoY.

  • The sales of the Semiconductor materials business grew significantly YoY. That was attribute to the sales growth of the materials for cutting-edge processes in our major customers and strong demand in the semiconductor industry.

  • In the Display materials business, the sales were steady thanks to sales increase of our main products.

  • In the Life Sciences business, we continued to focus on launching the business and invest for growth in the fields related to antibody drugs.


  • From this quarter, IFRS (International Accounting Standard) has been applied.

  • We have not revised the projection for the FY ending March 2018.

  • Comments of the past is here.
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