Profitability

Revenue

Revenue
J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
  Million yen (%) Million yen (%) Million yen (%) Million yen (%) Million yen (%)
Total 150,182 140,779 132,294 147,329 148,266
Advanced Materials 36,187 24% 35,565 25% 33,369 25% 41,640 28% 45,749 31%
Specialty Chemicals 35,535 24% 30,621 22% 25,866 20% 26,176 18% 27,309 18%
Specialty Plastics 46,519 31% 42,311 30% 42,791 32% 45,397 31% 45,148 30%
Construction & Other Operations 31,939 21% 32,280 23% 30,266 23% 34,115 23% 30,059 20%

Operating income

Operating income
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J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
Operating income (million yen)14,551 7,384 9,255 12,973 17,173
Ratio of operating income to revenue (%) 9.7 5.2 7.0 8.8 11.6

※ Operating income under IFRS includes 'other income' and 'other expenses' which are unusual and infrequent items. Note this differs from the calculation method for operating income under J-GAAP.

Income before tax

Income before tax
J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
Income before tax (million yen) 13,593 6,580 8,981 12,683 17,435
Ratio of income before tax to revenue (%) 9.1 4.7 6.8 8.6 11.8

Net income attributable to owners of parent

Net income attributable to owners of parent
J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
Net income attributable to owners of parent (million yen) 9,195 4,881 7,001 9,697 13,934
Ratio of net income attributable to owners of parent to revenue (%) 6.1 3.5 5.3 6.6 9.4

Return on Assets (ROA)

Return on Assets (ROA)
J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
ROA (%) 5.7 2.7 3.8 5.3 7.1
Total assets (million yen) -Average value during the period 237,078 246,420 237,357 238,594 244,817

※ ROA (J-GAAP, IFRS) = income before tax/Total assets×100

Return on Equity (ROE)

Return on Equity (ROE)
J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
ROE (%) 8.3 4.1 5.8 7.1 9.0
Shareholders' equity (million yen) -Average value during the period 110,956 118,300 121,237 137,245 155,373

※ ROE (J-GAAP) = Net income attributable to owners of parent/Shareholders' equity×100
※ ROE (IFRS) = Net income attributable to owners of parent/Shareholders' equity×100

Other indicators

J-GAAP IFRS IFRS IFRS IFRS
FY2014 FY2015 FY2016 FY2017 FY2018
Capital expenditure (Billion yen) 176 114 103 98 132
Depreciation (Billion yen) 83 103 102 99 103
Research and development expenses (Billion yen) 50 49 47 50 53
Interest-bearing debt (Billion yen) 866 812 710 481 390