Earnings Calls

Last Earnings Call

Fiscal Period
Q1 2021
Call Date
Aug 11, 2020
AI Summary
Q1 2021

Q1 Results: Sales were JPY 49.3 billion, operating profit JPY 9.8 billion, and net income JPY 7.6 billion.

Profit Beat: Operating profit and net income both surpassed company outlook by JPY 1.3 billion and JPY 0.8 billion, respectively.

No Guidance Change: Full year and second quarter outlooks remain unchanged; company sees limited COVID-19 impact overall.

Segment Trends: Chemicals segment faced declining sales, while Performance Materials and some Agrochemicals and Pharmaceuticals products performed strongly.

Shareholder Returns: JPY 7 billion share repurchase completed; no change to payout or dividend targets.

Cash Position: Operating cash flow rose by JPY 2.4 billion year-on-year; end-Q1 cash balance was JPY 16.6 billion, up JPY 1 billion.

Key Financials
Sales
JPY 49.3 billion
Operating Profit
JPY 9.8 billion
Net Income
JPY 7.6 billion
Operating Profit (Outlook)
JPY 9.8 billion
Net Income (Outlook)
JPY 7.6 billion
Cash at End of Q1
JPY 16.6 billion
Investing Cash Flow
minus JPY 1.5 billion
Equity Ratio
78.8%
Intangible Assets
JPY 7.2 billion
Dividend Payout Ratio (FY 20 target)
45%
Total Payout Ratio (FY 20 target)
75%
Share Repurchase (FY 20 to July 28)
JPY 7 billion

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