Segment Information

Fiscal 2023 Results (2023 April 1 to 2024 March 31)

Advanced Materials

Advanced Plastics

Automobile components (Fortron KPS)
Automobile components (Fortron KPS)

In the advanced plastics category, revenue and operating profit both declined due to lower sales of polyvinylidene fluoride (PVDF) for lithium-ion secondary battery binders, polyphenylene sulfide (PPS), and processed polyglycolic acid (PGA) products used in shale oil and gas extraction. Additionally, gains from the reversal of inventory valuation losses on PGA products were smaller than in the previous fiscal year.

Carbon Products

Insulating materials for high temperature furnaces (KRECA FR)
Insulating materials for high temperature furnaces (KRECA FR)

In the carbon products category, although sales of bead-shaped activated carbon increased, revenue and operating profit both declined due to lower sales of heat insulating materials for high-temperature furnaces.

Specialty Chemicals

Agrochemicals and Pharmaceuticals

Therapeutic agent for chronic renal failure (KREMEZIN)
Therapeutic agent for chronic renal failure (KREMEZIN)

In the agrochemicals and pharmaceuticals category, revenue and operating profit both declined due to lower sales of agricultural and horticultural fungicides as well as Kremezin, a treatment for chronic renal failure.

Industrial Chemicals

Organic Chemicals (Para-Dichlorobenzene)
Organic Chemicals (Para-Dichlorobenzene)

In the industrial chemicals category, revenue and operating profit also declined due to reduced sales of both inorganic and organic chemicals.

Specialty Plastics

Consumer Products

Household wrap film (NEW Krewrap)
Household wrap film (NEW Krewrap)

In the consumer goods category, although sales of Seaguar fluorocarbon fishing lines increased, revenue and operating profit both declined due to lower sales of New Krewrap plastic wrap for household use.

Food Packaging Materials

Food packaging film (Krehalon)
Food packaging film (Krehalon)

In the commercial food packaging materials category, revenue and operating profit both declined following the discontinuation of heat-shrink multilayer film sales during the first half of the fiscal year.

Construction and Other Operations

Construction

Construction work
Construction work

In Construction, revenue increased due to growth in both public and private-sector construction projects; however, operating profit declined as a result of changes in the sales mix.

Other Operations

Industrial waste treatment facility
Industrial waste treatment facility

In the environmental engineering category, revenue and operating profit both increased due to higher volumes of waste processing. In other businesses, revenue was on par with the previous year, but operating profit increased due to improved bed occupancy rates in the hospital operations.