Consolidated 11-year highlights

Transcription

1 Operating results Net sales 938,082 1,009,586 1,036, ,410 Gross profit 250, , , ,636 Percentage of net sales (%) Operating income 76,757 75,061 65,162 17,966 Percentage of net sales (%) Profit (loss) attributable to owners of parent 24,853 34,125 12,613 (42,963) Percentage of net sales (%) Financial position Total assets 943, ,917 1,015, ,157 Current assets 399, , , ,120 Property, plant and equipment, net 346, , , ,704 Total liabilities 568, , , ,171 Current liabilities 397, , , ,074 Long-term debt due after one year 108, , , ,081 Total net assets * 1 338, , , ,985 Total shareholders' equity * 1 338, , , , Cash flows Cash flows from operating activities 75,491 96,456 53,740 40,392 Depreciation and amortization 50,389 54,009 62,667 67,364 Cash flows from investing activities (74,062) (87,065) (79,218) (116,304) Purchase of property, plant and equipment (66,620) (69,996) (78,821) (75,845) Free Cash Flows 1,429 9,391 (25,478) (75,912) Cash flows from financing activities 1,511 (19,074) 16,080 79,178 Net increase (decrease) in cash and cash equivalents 4,689 (9,309) (9,272) 1, Per share data Profit (loss) attributable to owners of parent (43.7) Fully diluted Shareholders' equity * Cash dividends Ratios Net income to shareholders' equity (ROE) (%) Operating income to total assets (ROA) (%) Debt-to-equity ratio * Shareholders' equity ratio (%) * Dividend payout ratio (%) Other data R&D expenses () 31,196 35,097 36,282 37,630 Capital expenditure () 66,777 75,698 84,641 75,806 Number of shares issued (Thousands) 928, , , ,759 Number of employees : Japan 10,427 10,277 10,457 10,668 (Consolidated) : Overseas 8,392 8,776 8,668 8,785 Total 18,819 19,053 19,125 19,453 *1. Shareholders' equity after : Total net assets at end of period - subscription rights to shares at end of period - non-controlling interests at end of period *2. Figures prior to are calculated using total shareholders' equity as defined under previous accounting standard. 12

2 , , , , , , , , , , , , , , ,436 48,560 34,044 12,358 18,078 39,086 67, (35,684) 25,182 11,979 (29,131) 8,356 (8,086) 31, Consolidated results 823, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,113 80,433 77,132 53,669 64,305 38,587 76,030 80,641 61,879 56,410 52,304 46,877 45,664 43,030 38,894 (33,437) (27,745) (35,165) (37,868) (47,279) (49,624) (40,323) (34,119) (25,456) (27,641) (31,031) (30,863) (26,528) (31,895) 46,996 49,387 18,504 26,438 (8,692) 26,406 40,318 (42,949) (42,063) (14,123) (12,606) (7,902) 10,394 (8,317) 4,168 5,491 4,828 15,417 (15,725) 37,586 30,394 Yen (36.3) (29.6) 8.5 (8.2) ,356 31,483 31,844 33,185 32,234 32,365 33,285 36,314 29,249 32,294 36,261 30,182 28,106 38, , , , , , , ,759 10,197 9,954 9,708 9,616 9,436 9,268 9,265 8,581 7,588 7,111 7,021 6,320 6,512 6,491 18,778 17,542 16,819 16,637 15,756 15,780 15,756 13

3 Segment information Net sales Synthetic fibers 260, , , ,208 Electronics Materials and Performance Polymer Products 264, , , ,004 Healthcare 105, , , ,146 Trading and retail 259, , , ,163 Others 47,187 48,819 44,844 45,889 Total 938,082 1,009,586 1,036, ,410 Operating income Synthetic fibers 14,549 17,342 24,448 (2,780) Electronics Materials and Performance Polymer Products 40,950 33,900 20, Healthcare 19,318 21,192 21,691 24,838 Trading and retail 5,316 5,395 5,255 3,873 Others 3,760 4,320 3,516 3,589 Elimination and corporate (7,136) (7,088) (9,995) (11,780) Total 76,757 75,061 65,162 17,966 Total assets Synthetic fibers 355, , , ,937 Electronics Materials and Performance Polymer Products 279, , , ,288 Healthcare 82,818 78,973 85, ,845 Trading and retail 89,019 92,296 93,661 82,848 Others 67,164 72,936 67,219 52,749 Elimination and corporate 69,516 65,067 54,149 45,490 Total 943, ,917 1,015, ,157 R&D expenses Synthetic fibers Electronics Materials and Performance Polymer Products Healthcare Trading and retail Others Total Capital expenditure: Synthetic fibers 33,833 42,215 53,507 47,531 Electronics Materials and Performance Polymer Products 19,179 19,915 14,805 10,509 Healthcare 8,737 7,909 6,599 7,369 Trading and retail Others 3,424 2,989 3,920 3,664 Elimination and corporate 1,383 2,481 5,533 6,341 Total 66,777 75,698 84,641 75,806 Note: Change in industry segment classification: The segment of "Synthetic fibers" has been divided into two new segments, "High-performance fibers" and "Polyester fibers" from the year ended The former "New products and other businesses" had been renamed "IT and new products etc" from the year ended , the "IT and new products etc." has been renamed "Others" from the year ended Furthermore, from the year ended , the segments were reorganized again. The High-Performance Fibers segment has been renamed the Advanced Fibers and Composites segment, and now also includes polyester fibers for industrial applications, which was previously accounted for in the Polyester Fibers segment. The Films and Plastics segment has been renamed Electronics Materials and Performance Polymer Products, while the Pharmaceuticals and Home Health Care segment is now Healthcare. The apparel component of the Polyester Fibers segment has been incorporated into the Trading and Retail segment. Others (other businesses), which does not qualify as a reportable operating segment, retained the same name, but now also includes the polyester raw materials and polymerization businesses, previously part of the Polyester Fibers segment. 14

4 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,934 45,870 38,323 40,753 83,515 88,833 64,772 75, , , , , , , ,748 Consolidated results (15,111) ,423 6,309 (4,697) 5,742 14,353 18,499-3,017 1, ,997 23,446 3,733 (1,921) (7,218) 3,402 22,298 24,201 22,910 25,913 24,809 24,529 24,829 28,801 3,441 4,744 6,013 4,713 5,186 4,249 5,330 2,954 3,105 3,324 4,231 1,741 3,983 6,489 (10,046) (13,085) (13,143) (14,777) (11,902) (11,730) (14,287) 13,436 48,560 34,044 12,358 18,078 39,086 67, , , , , , , , , , , , , , , , , ,913 93,420 97, , , , ,990 78,212 76,472 85, , , , ,580 51,255 50,407 55,614 94,676 87,106 79,121 92,145 45,485 38,670 49,537 74,019 77, , , , , , , , , ,429 Billions of yen , ,077 7,982 13,253 9,062 10,034 12,575-4,204 4, ,797 4,277 4,427 4,019 2,638 1,676 2,505 8,444 12,441 11,332 11,680 12,545 11,232 13, ,009 2,239 1,626 2,025 2,930 2,263 1,242 1,985 3,751 3,014 2,296 4,910 5,467 1,735 1,527 1,319 1, ,628 36,314 29,249 32,294 36,261 30,182 28,098 38,341 15

5 Segment information Number of employees (Consolidated) Synthetic fibers 9,886 9,984 9,729 9,702 Electronics Materials and Performance Polymer Products 3,136 3,216 3,228 2,469 Healthcare 2,328 2,389 2,562 3,629 Trading and retail 1,202 1,198 1,229 1,209 Others 1,946 1,951 2,011 2,069 Corporate Total 18,819 19,053 19,125 19, Regional segment information Net sales Japan 556, , , ,054 Overseas 381, , , ,355 Asia Americas Europe, others Total 938,082 1,009,586 1,036, ,410 Note: Overseas sales information represents the combined net sales of consolidated subsidiaries to the Japanese market and overseas markets. 16

6 People 8, ,180 3,083 4,439 4,078 4,307 4,301-4,458 3, ,395 2,443 2,434 2,427 2,327 2,152 2,141 3,951 4,206 4,165 4,142 3,643 3,701 3,633 1,189 1,098 1,088 3,078 3,029 3,010 2,966 2,063 1,767 1,813 1,950 2,056 1,959 2, ,778 17,542 16,819 16,637 15,756 15,780 15,756 Consolidated results 488, , , , , , , , , , , , , , , , , , , ,195 64,129 71,004 51,398 50,108 56,534 56,645 59,129 70,342 48,854 61,882 64,127 67, , , , , , , ,748 17