Segment Information

Fiscal 2023 Results (2023 April 1 to 2024 March 31)

Advanced Materials

Advanced Plastics

Automobile components (Fortron KPS)
Automobile components (Fortron KPS)

In the advanced plastics category, despite higher sales of polyphenylene sulfide (PPS) and polyglycolic acid (PGA) products used in the process of shale oil and gas fracking, lower sales of polyvinylidene fluoride (PVDF), used as a binder material for lithium-ion secondary batteries, and other processed plastics products caused revenue and operating profit to decline.

Carbon Products

Insulating materials for high temperature furnaces (KRECA FR)
Insulating materials for high temperature furnaces (KRECA FR)

Revenue and operating profit rose in the carbon products category as sales of heat insulating material for high-temperature furnaces increased.

Specialty Chemicals

Agrochemicals and Pharmaceuticals

Therapeutic agent for chronic renal failure (KREMEZIN)
Therapeutic agent for chronic renal failure (KREMEZIN)

In the agrochemicals and pharmaceuticals category, although revenue rose on higher sales of agricultural and horticultural fungicides and Kremezin, a treatment for chronic renal failure, operating profit declined due to higher R&D and other expenses.

Industrial Chemicals

Organic Chemicals (Para-Dichlorobenzene)
Organic Chemicals (Para-Dichlorobenzene)

In the industrial chemicals category, sales of inorganic and organic chemicals increased, and both revenue and operating profit in this category increased.

Specialty Plastics

Consumer Products

Household wrap film (NEW Krewrap)
Household wrap film (NEW Krewrap)

In the consumer goods category, both revenue and operating profit increased due to higher sales of New Krewrap plastic wrap for household use and Seaguar fluorocarbon fishing lines.

Food Packaging Materials

Food packaging film (Krehalon)
Food packaging film (Krehalon)

In the commercial food packaging materials category, revenue and operating profit were flat year on year.

Construction and Other Operations

Construction

Construction work
Construction work

In Construction, revenue and operating profit rose due to an increase in private-sector construction projects.

Other Operations

Industrial waste treatment facility
Industrial waste treatment facility

In the environmental engineering category, revenue increased but operating profit declined mainly due to higher expenses. In the logistics category, revenue and operating profit declined. In the hospital operations category, revenue increased and operating loss declined.