The Company has applied ASBJ Statement No. 29 “Accounting Standard for Revenue Recognition”, etc. from the beginning of the 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)
2018/3 2019/3 2020/3 2021/3 2022/3
Net Sales 101,231 107,874 105,477 97,266 88,084
Operating Income 7,318 9,488 9,698 8,341 12,401
Ordinary Income 7,485 10,053 10,321 8,838 13,435
Net Income 4,778 6,793 6,506 6,050 9,442

Per share data

(yen)
2018/3 2019/3 2020/3 2021/3 2022/3
Earnings per share 223.24 297.10 276.14 257.37 404.73
Net assets per share 2,698.66 2,795.62 2,912.98 3,310.56 3,594.69
Dividend per share 57.5 65.0 65.0 65.0 80.0

Assets and Liabilities

2018/3 2019/3 2020/3 2021/3 2022/3
Total Assets (Millions of yen) 115,020 112,661 110,851 119,373 129,159
Net Assets(Millions of yen) 60,953 64,548 69,121 77,232 83,896
Shareholder’s equity ratio (%) 53.0 57.3 62.4 64.7 64.9
Interest-bearing debt
(Millions of yen)
23,504 19,231 17,767 15,909 15,905
D/E ratio (times) 0.4 0.3 0.3 0.2 0.2

Management index

2018/3 2019/3 2020/3 2021/3 2022/3
Return on equity [ROE] (%) 8.4 10.8 9.7 8.3 11.7
Return on assets [ROA] (%) 6.9 8.8 9.2 7.7 10.8
Price earnings ratio [PER] (times) 12.6 9.1 9.3 10.2 7.7
Capital Expenditures
(Millions of yen)
5,963 2,434 3,840 2,388 6,790
Depreciation (Millions of yen) 3,185 3,605 3,626 3,894 3,731

Cash flows

(Millions of yen)
2018/3 2019/3 2020/3 2021/3 2022/3
Cash flows from operating
activities
7,757 9,854 10,336 9,347 13,378
Cash flows from investing
activities
-7,398 -4,542 -4,092 -1,850 -6,961
Cash flows from financing
activities
3,097 -5,003 -1,677 -4,464 -1,646
Cash and cash equivalents at
the end of fiscal year
23,993 24,376 28,899 31,936 37,016

Segment Information

Basic Chemical Products

(Millions of yen)
2018/3 2019/3 2020/3 2021/3 2022/3
Net Sales 44,513 48,955 48,263 42,416 36,942
Operating Income 2,221 5,124 4,854 3,555 4,658

Functional Chemical Products

(Millions of yen)
2018/3 2019/3 2020/3 2021/3 2022/3
Net Sales 40,680 43,005 41,639 40,744 45,879
Operating Income 6,017 5,459 5,537 5,780 8,684

Housing Facilities and others

(Millions of yen)
2018/3 2019/3 2020/3 2021/3 2022/3
Net Sales 16,038 15,912 15,574 14,106 5,261
Operating Income 137 169 475 254 332