Quarterly Earnings

2Q/FY2017 Results

October 27, 2017 - Tokuyama Corporation announced its consolidated results for the second quarter fiscal 2017(April 1, 2017 to September 30, 2017). Consolidated net sales increased 2.5%, or ¥3.5 billion compared with the corresponding period of the previous year, to ¥146.1 billion. This was largely attributable to an increased sales volume in major products such as cement and revision in selling prices of caustic soda and petroleum products.

Operating profit increased 7.1%, or ¥1.2 billion compared with the corresponding period of the previous year, to ¥18.8 billion. Despite a upturn in fuel and raw material costs, this was due mainly to an increased sales volume in major products and improved profitability with the effect of the revision in selling prices.


(In billions, except per share amounts) Q2 FY2016 YTD Q2 FY2017 YTD Difference(%)
Net sales ¥142.5 ¥146.1 +3
Operating income ¥17.6 ¥18.8 +7
Profit attributable to
owners of parent
¥18.4 ¥0.1 (99)
Basic earnings per share ¥261.42 (¥20.87) -

Operating results by segment (year on year)
Chemicals: Higher earnings on higher sales, due mainly to increase in sales volume and price revision of Caustic soda and petroleum products.
Specialty Products: Lower earnings on higher sales, due to a robust sales volume of semiconductor-grade polycrystalline silicon and IC Chemical, and removal of Tokuyama Malaysia Sdn. Bhd. from the Company’s scope of consolidation.
Cement: Higher earnings on lower sales. While domestic sales volume and exports increased,this was attributable to increased production costs as a results of the rise in raw material costs such as coal.
Life & Amenity: Lower earnings on lower sales, owing decrease in sales volume of products for generic pharmaceuticals while increase in sales volume of dental materials and equipment and ion exchange membranes.



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