Results Highlights

Highlights: FY2017 1Q Results (As of August 1, 2017)

  • Net sales: Increased
    • Solid overall sales performance across all businesses
    • Positive impact from the consolidation of CSP* in composites
      * Continental Structural Plastics Holdings Corporation: Became a consolidated subsidiary in January 2017
  • Operating income: Increased
    • Strong sales of aramid fibers for automobiles
    • Impact of licensing out an investigational antibody candidate targeting tau for a possible new treatment of Alzheimer's disease
  • Profit attributable to owners of parent: Increased
    • Mainly due to the increase in operating income

In the fiscal year 2017, March 31, 2018, consolidated net sales for the 1st quarter amounted to 198.2 billion yen, increased +24.0 billion yen compared with 174.2 billion yen for the 1st quarter of fiscal 2016. Operating income for the 1st
quarter of fiscal 2017 were 19.1 billion yen, increased +3.4 billion yen compared with 15.7 billion yen for the 1st quarter of fiscal 2016. Ordinary income for the 1st
quarter of fiscal 2017 amounted to 20.0 billion yen, increased +5.6 billion yen compared with 14.4 billion yen for the 1st
quarter of fiscal 2016. Profit attributable to owners of parent of 13.4 billion yen for the 1st
quarter of
fiscal 2017 increased +2.0 billion yen compared with profit attributable to owners of parent of 11.4 billion yen in the 1st quarter of fiscal 2016.

Total assets as of June 30, 2017, amounted to 972.3 billion yen, increased +8.2 billion yen from the end of fiscal 2016(964.1 billion yen). Shareholders´ equity was 362.2 billion yen, decrease of +23.8 billion yen compared with 338.4 billion yen. Interest-bearing debt was increased +9.9 billion yen, from 376.2 billion yen at the end of fiscal 2016 to 386.2 billion yen.

* Profit attributable to owners of parent