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.
Cash Flows
(millions yen) 2014/03 2015/03 2016/03 2017/03 2018/03 2019/03 2020/03 2021/03 2022/03 2023/03
Cash flows from
operating activities
29,480 20,263 19,603 31,390 20,121 26,803 27,281 24,408 23,141 20,039
Cash flows from
investing activities
-20,187 -15,807 -5,090 -11,913 -16,171 -17,694 -17,543 -17,606 -10,641 -15,158
Cash flows from
financing activities
5 -12,498 -9,432 -14,103 -6,241 -6,437 -13,894 -8,402 -11,090 -7,950
Cash and cash equivalents at the end of period 50,619 43,374 47,464 51,785 50,532 52,697 46,663 47,483 52,962 53,096
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