Strategic Businesses Make Solid Contribution to Earnings
Condensed consolidated statement of income
For the fiscal
years ended 31 March 2004 and 2005
 |
| |
FY2004
31 March 2005
|
FY2003
31 March 2004 |
|
|
|
|
| Cost
of goods sold |
91,987 |
98,241 |
|
|
| Selling,
general and administrative expenses |
28,158 |
27,315 |
|
|
| Operating income |
10,255 |
9,463 |
|
|
| Non-operating
revenue |
771 |
686 |
|
|
| Non-operating
expenses |
1,320 |
1,829 |
|
|
| Recurring income |
9,705 |
8,320 |
|
|
| Extraordinary
gains |
1,621 |
2,204 |
|
|
| Extraordinary
losses |
3,276 |
3,682 |
|
|
| Profit before income
taxes |
8,050 |
6,843 |
|
|
| Taxes
and minority interest adjustments |
3,583 |
2,660 |
|
|
|
|
Condensed consolidated balance sheets
As of 31 March 2005
and 2004
|
| |
FY2004
31 March 2005
|
FY2003
31 March 2004 |
|
|
|
|
| Current assets |
61,525 |
65,617 |
|
|
| Cash
and equivalents |
6,001 |
7,584 |
|
|
| Fixed assets |
111,201 |
107,678 |
|
|
| Property,
plant and equipment |
69,289 |
66,568 |
|
|
| Intangible
assets |
2,091 |
2,279 |
|
|
| Investments
and other assets |
39,820 |
38,831 |
|
|
| Total Assets |
172,727 |
173,295 |
|
|
| Liabilities
and Shareholders' Equity |
|
|
|
|
| Current liabilities |
57,713 |
60,286 |
|
|
| Short-term
borrowing |
25,209 |
24,405 |
|
|
| Long-term liabilities |
21,165 |
19,538 |
|
|
| Long-term
liabilities |
9,651 |
9,953 |
|
|
| Total Liabilities |
78,879 |
79,824 |
|
|
| Minority Interest |
785 |
1,696 |
|
|
| Shareholders'
Equity |
93,062 |
91,774 |
|
|
| Total Liabilities,
Minority Interests and Shareholders' Equity |
172,727 |
173,295 |
|
|
|
|
For further information, please contact:
Kureha Chemical Industry Co., Ltd.
Public Relations Department
Tel. 03-3249-4651
Notes to Editors
About Kureha Chemical Industry Co., Ltd.
Kureha Chemical Industry Co., Ltd. is a leading chemical and plastic
products company, listed on both the Tokyo and Osaka Stock Exchanges
(4023). The company was established in 1944 as a manufacturer of caustic
soda, chlorine-based chemicals, and fertilizers.
Utilizing strong in-house R&D capabilities, Kureha has developed
into a leading manufacturer of advanced plastics (such as PPS resin
and PVDF resin), specialty chemicals (pharmaceuticals, including anti-cancer
agent Krestin, and agrochemicals) and specialty plastics (food packaging
products, including New Krewrap, and other household goods).
The company also undertakes a number of construction and maintenance
operations in association with each of its major businesses, as well
as providing transport, environmental management and other services.
Kureha's main factory is located in Nishiki, Fukushima Prefecture,
Japan. In addition, the company has overseas production facilities
in China, The Netherlands, and via a joint venture in the United States.
More information may be found at http://www.kureha.co.jp/ |
