Supplementary Data for FY2013 Business Results (From

Transcription

1 Supplementary Data for Business Results (From April 1,2012 to March 31, 2013 ) * "FY ended March 31" "JSR's accounting period (fiscal year) is defined as the period from April 1 to March 31 of the following year. When noted "", this indicates the period from April 1, 2012 to March 31, 2013." JSR Corporation NB: The forecasts, future plans and strategies made in this document contain a variety of uncertain factors since it has been prepared based on judgments from information that is currently available. Actual business results may differ from those projected, depending on factors such as the economic status of the market surrounding the company.

2 (Consolidated) Overall Income Statements (Unit:\mm) Net sales 349, , , % Cost of sales 260, , , % SGA 53,496 57,119 +3, % Operating income 35,964 35, % Non operating income/expenses 5,608 8,270 +2, % Current income 41,573 43,476 +1, % Extraordinary profit/losses % Net income before tax 41,244 42,847 +1, % Corporate tax and others 14,786 12,556 2,230 85% Minority interests % Net income 26,407 30,278 +3, % Comprehensive income 26,037 42, , % EPS (yen) % ROE 9.7% 10.3% 0.6% Exchange rate (yen/us$) % Naphtha price (yen/kl) 54,900 57,300 +2, % JSR Corporation 1

3 (Consolidated) Segment Data (Petrochemicals Total) Reference: Sales volume of Elastomers (non-consolidated) (Unit:\mm) 633, , , % Net sales Elastomers 180, , , % Plastics 51,236 51, % Petrochemicals Total 232, , , % Operating Elastomers 19,358 17,923 1,435 93% income Plastics 2,138 2, % Petrochemicals Total 21,496 20, % Operating income Elastomers 10.7% 9.2% to sales Plastics 4.2% 5.7% Petrochemicals Total 9.3% 8.4% JSR Corporation 2

4 (Consolidated) Segment Data (Fine Chemicals and others) (Unit:\mm) Net Sales Semiconductor materials 46,832 47, % Reference FPD materials 54,914 54, % Strategic businesses and others 16,128 22,342 +6, % Fine Chemicals and others Total 117, ,931 +6, % Operating income 14,468 14, % Operating income to sales 12.3% 11.6% (Reference: Sales growth by product of Fine Chemicals and others) (Semiconductor Materials) Mar2013 YoY (FPD Materials) Mar2013 YoY ArF photoresists Approx. 100% * Alignment films Approx. 105% Multilayer materials Approx. 100% Color pigmented resists Slightly over 90% Others Approx. 105% Others Approx. 100% (Lithography materials overall Approx. 100% LCD materials Approx. 100% CMP materials Approx. 95% OPSTAR Approx. 75% Packaging materials Slightly over 110% (Strategic businesses and others) Mar2013 YoY Others Approx. 90% OFC Slightly under 105% (Other semiconductor materials Slightly over 95% ARTON Approx. 165% *Sales growth of ArF has been revised to Approx.100% from Approx 105%. JSR Corporation 3

5 (Consolidated) Segment Data (Quarterly Trends) Jan-Mar.2012 Apr-Jun.2012 Jul-Sep.2012 Oct-Dec.2012 Jan-Mar.2013 Quarter-on-quarter Net sales Elastomers 49,670 49,459 46,547 46,584 53,205 +6, % Plastics 13,507 13,195 12,564 13,272 12, % Fine Chemicals and other Products 27,429 30,299 30,507 32,916 30,206 2,709 92% Total 90,607 92,955 89,619 92,773 96,138 +3, % Operating Elastomers 4,393 4,401 3,448 3,841 6,232 +2, % income Plastics % Fine Chemicals and other Products (Unit:\mm) 2,064 3,831 3,942 3,165 3, % Total 6,902 8,718 8,339 7,881 10,266 +2, % Exchange rate (yen/us$) Naphtha price (yen/kl) % 54,100 60,600 49,800 55,800 63,000 +7, % (Reference: Sales breakdown of Fine Chemicals and Other Products) Jan-Mar.2012 Apr-Jun.2012 Jul-Sep.2012 Oct-Dec.2012 Jan-Mar.2013 (Unit:\bn) Quarter-on-quarter Semiconductor materials % FPD materials % Strategic businesses % and others JSR Corporation 4

6 (Consolidated) Non operating income/expenses, Extraordinary income/losses Non operating income/expenses (Unit: mm) Interest and dividends income Equity in earnings of affiliates 4,729 4, Foreign exchange gains 359 2,975 +2,616 Others 1, Total non operating income 6,883 9,409 +2,525 Interest expenses Others 1,127 1, Total non operating expenses 1,274 1, Non operating income/expenses 5,608 8,270 +2,661 Extraordinary income/losses (Unit: mm) Gain on sales of investment securities Gain on sales of non-current assets 4,287-4,287 Total extraordinary income 4, ,073 Impairment loss 1,919-1,919 Loss on abandonment of non-current assets 1,182-1,182 Loss on disaster Others Total extraordinary losses 4, ,772 Extraordinary income/losses JSR Corporation 5

7 (Consolidated) Balance Sheets 2012/3E 2013/3E (Unit: mm) (Assets) Current assets 292, , ,995 Cash, deposits and marketable securities 89, , ,616 Notes and accounts receivable 89,193 91,511 +2,317 Inventories 64,946 74,687 +9,740 Others 48,295 42,617 5,679 Non-current assets 138, , ,247 Tangible and intangible assets 85,671 99, ,843 Investments and other assets 52,597 63, ,403 Total assets 430, , ,242 (Liabilities) Current liabilities 129, , ,968 Notes and accounts payable 83,077 97, ,148 Others 46,800 44,620 2,180 Non-current liabilities 18,457 25,355 +6,897 Total liabilities 148, , ,866 (Net assets) Shareholder's equity 284, , ,298 Accumulated other comprehensive income 3,323 8, ,386 Others 1,402 7,092 +5,690 Total net assets 282, , ,376 Liabilities and net assets 430, , ,242 JSR Corporation 6

8 (Consolidated) Statements of Cash Flows (Unit: mm) Cash flows from operating activities 28,980 47, ,738 Income before income taxes 41,244 42,847 +1,602 Depreciation and amortization 17,783 19,232 +1,448 Increase(decrease) in working capital 5,368 3,939 +9,307 Others 24,679 18,298 +6,380 Cash flows from investment activities 21,130 58,696 37,566 Purchase of tangible and intangible assets 16,564 27,869 11,304 Changes in investments for cash management purposes * 3,508 25,000 21,491 Others 1,057 5,827 4,770 Free cash flows 7,850 10,977 18,827 Adjusted free cash flows (excluding " * ") 11,359 14,022 +2,663 Cash flows from financing activities 7,692 10,159 2,466 Decrease(increase) in treasury stock 1 6,000 5,999 Cash dividends paid 7,720 7, Others 29 3,802 +3,773 Effect of exchange rate change on cash and cash equivalents Net increase (decrease) in cash and cash equivalents 421 1,772 +2, ,363 19,100 Others 0 5,983 +5,983 Cash and cash equivalents at end of period 67,198 53,818 13,380 * Changes in investments for cash management purposes were derived from purchases and redemption at maturity of financial instruments held for cash management purposes with original maturities of longer than three months. JSR Corporation 7

9 Reference Data Projections for FY2014 <Consolidated> (Unit:\bn) FY2014 Increase/decrease 1st half 2nd half Full year 1st half 2nd half Full year 1st half 2nd half Full year Net sales Operating income Current income Net income Depreciation Capital expenditures R&D expenses Exchange rate (yen/us$) Naphtha price (yen/kl) 55,200 59,400 57,300 63,000 63,000 63,000 (Reference: Sales by segment) (Unit:\bn) FY2014 Increase/decrease 1st half 2nd half Full year 1st half 2nd half Full year 1st half 2nd half Full year Elastomers Plastics Fine Chemicals and others Total JSR Corporation 8