Financial results overview for the fiscal year ended March 31, 2023

In the fiscal year under review, consolidated net sales increased year-on-year, operating income increased, ordinary income, and profit attributable to owners of the parent decreased.
●Consolidated net sales totaled 198,380 million yen, an increase of 13,574 million yen (7.3%) year-on-year. Sales in the pharmaceuticals business underperformed, while the functional chemicals and safety systems businesses outperformed the previous fiscal year.
●Consolidated operating income totaled 21,505 million yen, an increase of 454 million yen (2.2%) year-on-year, outperforming the previous fiscal year in the pharmaceuticals and safety systems businesses, while underperforming in the functional chemicals industry.
●Consolidated ordinary income totaled 23,025 million yen, a decrease of 128 million yen (0.6%) year-on-year.
●Profit attributable to owners of parent was 14,984 million yen, a decrease of 2,196 million yen (12.8%) year-on-year, owing to recognition of an impairment loss on property, plant, and equipment.
Assets
(millions yen) 2014/03 2015/03 2016/03 2017/03 2018/03 2019/03 2020/03 2021/03 2022/03 2023/03
Total assets 247,592 265,126 272,679 272,791 285,600 293,571 278,496 294,535 315,459 322,858
Net assets 177,935 199,680 200,492 205,866 220,619 229,043 210,019 228,273 246,425 255,027
Liabilities 69,657 65,445 72,186 66,924 64,980 64,528 68,477 66,261 69,034 67,831
Equity ratio 67.2% 70.4% 69.3% 71.1% 72.9% 73.6% 75.2% 77.2% 77.8% 78.7%
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