プラスチック・繊維産業関連分野の売上高は同10.4%減の252.35億円、営業利益は同14.9%減の23.67億円となった。プラスチック産業関連分野は、永久帯電防止剤が電子部品需要低迷のため低調となり、塗料コーティング用薬剤・添加剤も需要が減少し売上高は減少した。繊維産業関連分野は、風力発電用風車向けの炭素繊維用薬剤が低調に推移し、またタイヤコード糸等の製造時に使用される油剤の需要回復が遅れており、売上高は低調に推移した。Sanyo Chemical Industries, Ltd. <4471> announced its consolidated financial results for the fiscal year ending March 2024 on the 14th. Sales revenue decreased by 8.8% YoY to JPY 159.51 billion, operating profit decreased by 39.8% YoY to JPY 4.886 billion, ordinary profit decreased by 17.5% YoY to JPY 8.186 billion, and net loss attributable to parent company shareholders was JPY 8.501 billion (compared to profit of JPY 5.684 billion in the previous year).
Sales revenue in the lifestyle and health industry-related field decreased by 19.6% YoY to JPY 45.895 billion, and operating loss was JPY 1.421 billion (compared to a profit of JPY 0.23 billion in the same period of the previous year). In the lifestyle industry-related field, sales revenue decreased due to decreased demand for surfactants for liquid laundry detergents and polyethylene glycol in both domestic and overseas markets. In the health industry-related field, sales revenue decreased significantly due to a decrease in sales volumes of high water-absorbent resin in Japan and Asia.
Sales revenue in the petroleum and transportation machinery industry-related field increased by 4.6% YoY to JPY 50.479 billion, and operating profit decreased by 4.0% YoY to JPY 2.819 billion. Although demand for raw materials for polyurethane foam used in automobile seats and other products was weak due to the inflow of low-priced foreign products, lubricant additives and urethane beads for automotive interior skin materials continued to perform well, leading to healthy sales revenue growth.
Sales revenue in the plastics and fibers industry-related field decreased by 10.4% YoY to JPY 25.235 billion, and operating profit decreased by 14.9% YoY to JPY 2.367 billion. In the plastics industry-related field, sales revenue decreased due to weak demand for permanent antistatic agents for electronic components and a decrease in demand for paint coating agents and additives. In the fibers industry-related field, sales revenue decreased due to weak demand for carbon fiber agents for wind turbines and delayed recovery of demand for oil agents used in tire cord yarn manufacturing and other applications.
Sales revenue in the information and electronic industry-related field decreased by 1.3% YoY to JPY 22.87 billion, and operating profit decreased by 27.0% YoY to JPY 1.831 billion. In the information industry-related field, despite a decrease in demand for toner-related materials, sales revenue remained flat due to price revisions due to high raw material prices, etc. In the electrical and electronic industry-related field, sales revenue decreased due to weak demand for aluminum electrolytic capacitors due to poor performance in the consumer market, despite a recovery in sales of related materials due to the recovery of the semiconductor market.
Sales revenue in the environment and housing industry-related field and others decreased by 17.8% YoY to JPY 15.03 billion, and operating profit decreased by 60.7% YoY to JPY 0.539 billion. In the environmental industry-related field, sales revenue remained weak due to decreased demand for cationic monomers for polymer flocculants. In the housing industry-related field, sales of raw materials for polyurethane foam used in furniture and insulation materials and raw materials for building sealants decreased.
The consolidated business results forecast for the fiscal year ending March 2025 are: a decrease of 9.1% YoY in sales revenue to JPY 145.00 billion, an increase of 63.7% YoY in operating profit to JPY 8.000 billion, an increase of 16.0% YoY in ordinary profit to JPY 9.500 billion, and net income attributable to parent company shareholders is expected to be JPY 2.500 billion. The company intends to promote profit improvement through structural reform and expansion of high value-added products.
