The Company has applied ASBJ Statement No. 29 “Accounting Standard for Revenue Recognition”, etc. from the beginning of the previous fiscal year. The figures for the fiscal year ended Mar 31, 2022 represent amounts after the application of the said accounting standard, etc.​

Results

(Millions of yen)
FY2018 FY2019 FY2020 FY2021 FY2022
Net Sales 107,874 105,477 97,266 88,084 104,208
Operating Income 9,488 9,698 8,341 12,401 15,557
Ordinary Income 10,053 10,321 8,838 13,435 17,164
Net Income 6,793 6,506 6,050 9,442 10,570

Per share data

(yen)
FY2018 FY2019 FY2020 FY2021 FY2022
Earnings per share 297.10 276.14 257.37 404.73 428.43
Net assets per share 2,795.62 2,912.98 3,310.56 3,594.69 3,912.48
Dividend per share 65.0 65.0 65.0 80.0 90.0

Assets and Ｌiabilities

FY2018 FY2019 FY2020 FY2021 FY2022
Total Assets (Millions of yen) 112,661 110,851 119,373 129,159 138,029
Net Assets(Millions of yen) 64,548 69,121 77,232 83,896 99,543
Shareholder’s equity ratio (%) 57.3 62.4 64.7 64.9 72.1
Interest-bearing debt
(Millions of yen)		 19,231 17,767 15,909 15,905 7,664
D/E ratio (times) 0.3 0.3 0.2 0.2 0.1

Management index

FY2018 FY2019 FY2020 FY2021 FY2022
Return on equity [ROE] (%) 10.8 9.7 8.3 11.7 11.5
Return on assets [ROA] (%) 8.8 9.2 7.7 10.8 12.8
Price earnings ratio [PER] (times) 9.1 9.3 10.2 7.7 10.2
Capital expenditures
(Millions of yen)		 2,434 3,840 2,388 6,790 5,353
Depreciation (Millions of yen) 3,605 3,626 3,894 3,731 3,635
Research and development expenses
(Millions of yen)		 2,289 2,187 2,201 2,344 2,589

Cash flows

(Millions of yen)
FY2018 FY2019 FY2020 FY2021 FY2022
Cash flows from operating
activities		 9,854 10,336 9,347 13,378 9,354
Cash flows from investing
activities		 -4,542 -4,092 -1,850 -6,961 -5,380
Cash flows from financing
activities		 -5,003 -1,677 -4,464 -1,646 -4,596
Cash and cash equivalents at
the end of fiscal year		 24,376 28,899 31,936 37,016 36,843

Segment Information

Basic Chemical Products

(Millions of yen)
FY2018 FY2019 FY2020 FY2021 FY2022
Net Sales 48,955 48,263 42,416 36,942 44,122
Operating Income 5,124 4,854 3,555 4,658 4,753

Functional Chemical Products

(Millions of yen)
FY2018 FY2019 FY2020 FY2021 FY2022
Net Sales 43,005 41,639 40,744 45,879 53,108
Operating Income 5,459 5,537 5,780 8,684 11,554

Housing Facilities and others

(Millions of yen)
FY2018 FY2019 FY2020 FY2021 FY2022
Net Sales 15,912 15,574 14,106 5,261 6,977
Operating Income 169 475 254 332 594