Note: This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

October 27, 2022

Consolidated Financial Results for the Six Months Ended September 30, 2022
(Under Japanese GAAP)
Company name:
DKS Co. Ltd.
Listing:
Tokyo Stock Exchange
Security code:
4461
URL:
https://www.dks-web.co.jp
Representative:
YAMAJI Naoki, President COO
Inquiries:
SHIMIZU Shinji, Director and Administrative Supervisor
TEL:+81-75-323-5822
Scheduled date to file quarterly securities report:
November 10, 2022
Scheduled date to commence dividend payments:
December 6, 2022
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
Yes(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the six months ended September 30, 2022 (from April 1, 2022 toSeptember 30, 2022)(1) Consolidated operating results (cumulative)
Net sales
Six months ended
September 30, 2022
September 30, 2021

Millions of yen

7.8
8.5

% Millions of yen

717
2,447

Profit attributable toowners of parent

Ordinary income(70.7)
37.7

For the six months ended September 30, 2022
For the six months ended September 30, 2021

Basic earnings per
share
Six months ended
September 30, 2022
September 30, 2021

Operating income% Millions of yen

32,76530,387

Note: Comprehensive income(Percentages indicate year-on-year changes)

872
2,152

% Millions of yen(59.5)
29.5

(396)
1,160

%

–
14.4

¥765 million [(56.0)%]¥1,738 million [(7.4)%]

Diluted earnings
per share

Yen

Yen

(40.00)114.03––(2) Consolidated financial position
Total assets
As of
September 30, 2022
March 31, 2022
Reference:

Net assets

Equity-ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

84,24986,46939,06940,38341.5
42.5

3,661.75
3,610.31

EquityAs of September 30, 2022
As of March 31, 2022

¥34,999 million¥36,767 million

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarterend

Yen

Yen

Fiscal year ended March 31,
2022
Fiscal year ending March 31,
2023

–

35.00

–

40.00

Third quarterend
Yen

Fiscal year ending March 31,
2023 (Forecast)

Note:

Fiscal year-end

Total

Yen

Yen

–

45.00

80.00

–

40.00

80.00

Revisions to the forecast of cash dividends most recently announced: None

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 toMarch 31, 2023)
Net sales

Full year

Note:

Operating income(Percentages indicate year-on-year changes.)
Basic
Profit attributable toOrdinary income
earnings perowners of parent
shareMillions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

70,000

11.7

3,500

(24.3)

3,500(16.5)

1,000(59.9)

102.70

Revisions to the earnings forecasts most recently announced: None

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in thechange in scope of consolidation): None
Newly included: – companies
Excluded:– companies(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial
statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes(ii) Changes in accounting policies due to reasons other than (i): None(iii) Changes in accounting estimates: None(iv) Restatement: None
Note: For details, kindly refer to “2. Quarterly Consolidated Financial Statements and Notes, (4)Notes to Quarterly Consolidated Financial Statements (Changes in accounting policies)” inpage 10 of attached materials.
(4) Number of issued shares (ordinary shares)(i) Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2022

10,684,321 shares

As of March 31, 2022

10,684,321 shares(ii) Number of treasury shares at the end of the period
As of September 30, 2022
As of March 31, 2022

1,126,123 shares
500,351 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the
fiscal year)
Six months ended September 30, 2022

9,916,768 shares

Six months ended September 30, 2021

10,179,418 shares

* Quarterly financial results reports are exempt from quarterly review conducted by certified public
accountants or an audit corporation.
* Proper use of earnings forecasts, and other special matters(Notice concerning forward-looking statements)
Forward-looking statements, including the consolidated forecasts stated in these materials, are based on
information currently available to the Company and certain assumptions deemed reasonable. Consequently,
no statements herein constitute assurances regarding actual results by the Company. Results may differ
materially from the consolidated forecasts due to various factors.

DKS Co. Ltd. (4461)

Attached Material
Index
1. Qualitative Information on Quarterly Financial Results ........................................................................... 2(1) Explanation of Operating Results ....................................................................................................... 2(2) Explanation of Financial Position ...................................................................................................... 4(3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Information ................ 5
2. Quarterly Consolidated Financial Statements and Notes .......................................................................... 6(1) Quarterly consolidated balance sheet ................................................................................................. 6(2) Quarterly Consolidated Statement of Income and Quarterly Consolidated Statement ofComprehensive Income ...................................................................................................................... 8
Quarterly consolidated statement of income (cumulative) ................................................................. 8
Quarterly consolidated statement of comprehensive income (cumulative) ........................................ 9(3) Quarterly consolidated statement of cash flows ............................................................................... 10(4) Notes to Quarterly Consolidated Financial Statements .................................................................... 11(Notes on premise of going concern) ............................................................................................... 11(Notes when there are significant changes in amounts of equity) .................................................... 11(Changes in accounting policies)...................................................................................................... 11(Notes on quarterly consolidated statement of income) ................................................................... 12(Segment information, etc.) .............................................................................................................. 13(Notes on revenue recognition) ........................................................................................................ 13-1-

DKS Co. Ltd. (4461)

1. Qualitative Information on Quarterly Financial Results(1) Explanation of Operating Results
During the six months ended September 30, 2022, the Japanese economy made progress towardnormalization while balancing measures to combat COVID-19 and socioeconomic activities. At thesame time, higher prices of food, daily necessities, and other items due to the Russia-Ukraine conflict
and the weak yen, and concerns over potential global economic recession, among others, are major risk
factors. In the chemical industry, prices for domestic naphtha, resources and energy, raw materials, andother products remain high, posing a threat to all companies.
Under this environment, the Group’s efforts to adjust product prices in response to soaring raw material
prices were delayed, which put a squeeze on profit. We will continue to move forward with price passon activities and strive to secure profit through efforts such as cost reductions at production sites andacceleration of new business revenue generation.
Concerning the results for the six months ended September 30, 2022, net sales were ¥32,765 million(up 7.8% year on year), thanks to significant growth of flame retardants for overseas markets in the
Functional Materials segment.
Operating income was ¥717 million (down 70.7% year on year). Profit decreased mainly in the
Surfactants and Functional Materials segments due primarily to an increase in R&D expenses for the
future and a sharp rise in raw material prices that exceeded price pass-on measures. In addition,
ordinary income was ¥872 million (down 59.5% year on year), despite recovery of non-operating
income and expenses. On top of this, an impairment loss was recorded for non-current assets in the
Polyurethane Materials segment as an extraordinary loss, so the loss attributable to owners of parent
after deducting income tax expenses came to ¥396 million (profit of ¥1,160 million in the same periodof the previous year).
Results by segment are as follows.
Surfactants
Net sales in the Surfactants segment were generally firm.
In Japan, sales were sluggish in IT and electronics applications, and paint and coloring agent
applications, but remained firm in machinery and metal applications. Sales for soap and detergent
applications grew significantly.
Overseas, sales for rubber and plastic applications were sluggish.
As a result, net sales in this segment were ¥9,534 million (up 5.2% year on year).
Operating income was ¥904 million (down 29.7% year on year) due to the impact of soaring raw
materials prices.
Amenity Materials
Net sales in the Amenity Materials segment were generally firm.
In Japan, sales of cellulose polymers were sluggish in energy and environmental applications. Salesof sucrose fatty acid esters remained strong for food applications, and sales of vinyl polymers werefirm for rubber and plastic applications.
Overseas, sales of sucrose fatty acid esters were sluggish in food applications, while those for
personal care (cosmetics) applications grew significantly. As a result, net sales in this segment were
¥4,158 million (up 7.8% year on year).
Operating income was ¥58 million (down 75.3% year on year) due to the impact of soaring raw
materials prices and increased operating expenses.

-2-

DKS Co. Ltd. (4461)

Polyurethane Materials
Net sales in the Polyurethane Materials segment were generally sluggish.
Sales of environmentally friendly synthetic lubricants related to CFC regulations grew
substantially, but sales of civil engineering chemicals related to public works fell sharply.
Demand for functional polyurethane was firm for IT and electronics applications.
As a result, net sales in this segment were ¥4,218 million (down 0.4% year on year).
The Company posted an operating loss of ¥198 million for the period (recorded ¥51 million
operating income for the same period of the previous year) due to the impact of soaring raw
materials prices.
Functional Materials
Net sales in the Functional Materials segment generally increased significantly.
In Japan, sales of radcure resin materials and waterborne polyurethane for IT and electronics
applications were both sluggish, but sales of flame retardants for rubber and plastic applications
grew significantly.
Overseas, flame retardants for rubber and plastics grew significantly, and radcure resin materials
for IT and electronics applications also grew significantly.
As a result, net sales in this segment were ¥11,518 million (up 22.7% year on year).
Operating income was ¥248 million (down 68.3% year on year) due to an increase in operating
expenses, mainly R&D expenses, in addition to the impact of soaring raw material prices.

Electronic Device Materials
Net sales in the Electronic Device Materials segment fell significantly overall.
Sales of ionic liquids for display applications were sluggish, and sales of conductive pastes forsolar cell applications fell significantly. As a result, net sales in this segment were ¥3,093 million(down 14.8% year on year).
Due to the significant drop in net sales, operating income was ¥152 million (down 57.9% year onyear).
Life Sciences
Net sales in the Life Sciences business segment increased by ¥34 million (16.5%) year on year, to¥242 million. We launched our new brand “TENCHUKASOU” and are promoting thorough brandimage recognition. Improvement of cognitive function has been confirmed in clinical trials on
intake of I. Japonica-Bombyx Fungus containing Naturido. Based on the results of this research, wewill move on to the notification phase for food with functional claims and work on new productdevelopment.
The OEM business for pharmaceutical additives and health foods made through the concentrationand pulverization of extracts from natural materials was steady. As for operating income, although
net sales increased, with upfront operating expenses for establishment of brand image, the result
was an operating loss of ¥448 million (operating loss of ¥272 million in the same period of theprevious year).

-3-

DKS Co. Ltd. (4461)(2) Explanation of Financial Position(Assets)
Current assets as of September 30, 2022 were ¥44,533 million, down ¥2,001 million from the end of
the previous fiscal year. This was primarily due to a decrease of ¥4,981 million in cash and deposits,
despite an increase of ¥1,493 million in inventories such as merchandise and finished goods. Noncurrent assets totaled ¥39,715 million, down ¥219 million from the end of the previous fiscal year.
This was primarily due to a decrease of ¥215 million in property, plant and equipment. As a result, total
assets amounted to ¥84,249 million, down ¥2,220 million from the end of the previous fiscal year.
(Liabilities)
Current liabilities as of September 30, 2022 were ¥24,407 million, up ¥2,680 million from the end of
the previous fiscal year. This was primarily due to a ¥1,400 million increase in short-term borrowings
and a ¥1,210 million increase in notes and accounts payable-trade. Non-current liabilities totaled¥20,772 million, down ¥3,586 million from the end of the previous fiscal year. This was primarily due
to a decrease of ¥3,192 million in long-term borrowings.
As a result, total liabilities at the end of the period under review were ¥45,180 million, down ¥906
million from the end of the previous fiscal year.
(Net assets)
Total net assets as of September 30, 2022 were ¥39,069 million, down ¥1,314 million from the end of
the previous fiscal year. This was primarily due to an increase in treasury shares of ¥1,466 million due
to purchase of treasury shares, and a decrease in retained earnings of ¥854 million, resulting from loss
attributable to owners of parent of ¥396 million and dividend of surplus of ¥458 million, despite anincrease in foreign currency translation adjustment of ¥549 million and an increase in non-controllinginterests of ¥452 million.
As a result, the equity ratio came to 41.5% (42.5% as of the end of the previous fiscal year).
(Consolidated cash flows)
Cash and cash equivalents (“cash”) in the six months ended September 30, 2022 were ¥7,161 million, adecrease of ¥4,989 million compared to the end of the previous fiscal year.
The respective cash flow positions and the factors thereof in the six months ended September 30, 2022
are as follows.
Cash flows from operating activities
Net cash provided by operating activities was ¥595 million (¥3,049 million was provided in the same
period of the previous year). This was due to a decrease in funds resulting primarily from an increase ininventories of ¥1,233 million (an increase of ¥1,100 million in the same period of the previous year)
and an increase in trade receivables of ¥1,120 million (a decrease of ¥708 million in the same period of
the previous year), and an increase in funds resulting primarily from depreciation of ¥1,675 million(¥1,700 million in the same period of the previous year) and an increase in trade payables of ¥1,140
million (an increase of ¥710 million in the same period of the previous year).

-4-

DKS Co. Ltd. (4461)

Cash flows from investing activities
Net cash used in investing activities was ¥1,320 million (1,032 million was used in the same period of
the previous year). This was due to a decrease in funds resulting from expenditures for purchase ofproperty, plant and equipment of ¥1,221 million (¥1,026 million for the same period of the previousyear).
Cash flows from financing activities
Net cash used in financing activities was ¥4,455 million (compared to ¥3,447 million in the same
period of the previous year). This was due to a decrease in funds resulting primarily from repayment oflong-term borrowings of ¥2,904 million (¥3,387 million in the same period of the previous year),purchase of treasury shares of ¥1,499 million, and payment of dividends of ¥458 million (¥356 million
in the same period of the previous year).

(3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Information
Consolidated financial results forecast has not changed from the forecast for the full year announced asof September 29, 2022.
Forward-looking statements, including the consolidated forecasts stated in these materials, are based on
information currently available to the Company and certain assumptions deemed reasonable.
Consequently, the actual results for the Company may significantly differ due to various factors.

-5-

DKS Co. Ltd. (4461)

2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly consolidated balance sheet(Millions of yen)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Prepaid expenses
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
Land
Leased assets, net
Construction in progress
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Long-term prepaid expenses
Deferred tax assets
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-6-

As of March 31, 2022

As of September 30, 2022

12,224
14,9591,532

7,243
16,146
1,719

11,582
21
3,905
317
1,996
(4)
46,534

12,778
21
4,202
520
1,906
(5)
44,533

13,541
5,555
730
9,638
2,800
1,091
33,35813,354
4,907
756
9,934
2,596
1,592
33,142

213
405
618

–
369
369

4,004
16
231
172
1,228
310
(6)
5,958
39,93586,469

4,145
15
183
186
1,288
390
(6)
6,204
39,71584,249

DKS Co. Ltd. (4461)(Millions of yen)

Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Lease liabilities
Accrued expenses
Income taxes payable
Accrued business office taxes
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Corporate bonds
Long-term borrowings
Lease liabilities
Deferred tax liabilities
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets-7-

As of March 31, 2022

As of September 30, 2022

10,204
429
6,711
558
348
576
41
816
2,040
21,726

11,415
462
8,111
526
382
350
20
784
2,352
24,4076,000
15,051
2,551
318
107
74
255
24,35946,0866,000
11,858
2,350
99
126
74
263
20,77245,1808,895
7,278
20,498(1,021)35,6508,895
7,276
19,643(2,488)33,327

181

210

507
427
1,116
3,616
40,38386,469

1,057
404
1,672
4,069
39,06984,249

DKS Co. Ltd. (4461)(2) Quarterly Consolidated Statement of Income and Quarterly Consolidated Statement ofComprehensive Income
Quarterly consolidated statement of income (cumulative)(Millions of yen)Six months ended September
30, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Corporate bond interest
Inactive facility expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary losses
Impairment losses
Amortization of goodwill
Loss on disposal of non-current assets
Loss on valuation of investment securities
Total extraordinary losses
Profit (loss) before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit (loss)
Profit attributable to non-controlling interests
Profit (loss) attributable to owners of parent-8-

Six months ended September
30, 2022

30,38722,538
7,848
5,400
2,447

32,76526,080
6,684
5,967
717

4
38
26

4
50
44

1
45
116

169
76
346

96
18
228
68
411
2,152

90
18
–
81
191
872

–
–
65
29
95
2,057
596
46
642
1,414
254
1,160

786
137
42
–
966
(93)
259
(230)
29
(122)
273
(396)

DKS Co. Ltd. (4461)

Quarterly consolidated statement of comprehensive income (cumulative)(Millions of yen)Six months ended September
30, 2021
Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to noncontrolling interests-9-

Six months ended September
30, 2022

1,414

(122)

(267)
430
132

29
829
(23)

28

52

323
1,738

887
765

1,299

159

438

605

DKS Co. Ltd. (4461)(3) Quarterly consolidated statement of cash flows(Millions of yen)Six months ended September
30, 2021
Cash flows from operating activities
Profit (loss) before income taxes
Depreciation
Amortization of goodwill
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in retirement benefit liability
Interest and dividend income
Interest expenses
Corporate bond interest
Share of loss (profit) of entities accounted for using
equity method
Impairment losses
Loss on disposal of non-current assets
Loss on valuation of investment securities
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Other
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Purchase of investment securities
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Repayments of lease liabilities
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 10 -

Six months ended September
30, 2022

2,057
1,700
75

(93)
1,675
213

(7)

(0)

(333)
(42)
96
18

(93)
(55)
90
18

(26)

(44)

–
65
29
708
(1,100)
710
(277)
3,673
92
(114)
(602)
3,049

786
42
–
(1,120)(1,233)
1,140
(245)
1,080
85
(108)
(461)
595

(67)
67
(1,026)(1)(4)(1,032)(76)
77(1,221)(1)(98)(1,320)465
160(3,387)
(289)
(0)
(356)
(40)
(3,447)327
500(2,904)(267)(1,499)(458)(152)(4,455)69

191(1,361)
11,531
10,170(4,989)12,151
7,161

DKS Co. Ltd. (4461)(4) Notes to Quarterly Consolidated Financial Statements(Notes on premise of going concern)
Not applicable.
(Notes when there are significant changes in amounts of equity)
Purchase of treasury shares
The Company purchased treasury shares as outlined below under the provisions of Article 156 of theCompanies Act, which is applied after replacing the applicable words under the provisions of Article
165, Paragraph 3 of the Companies Act. The purchase of treasury shares based on the resolution at theboard of directors meeting held on June 24, 2022 has been completed with purchases made throughAugust 22, 2022.
(1) Classes of shares subject to acquisition
Ordinary share of the Company(2) Total number of shares acquired
641,700 shares(3) Total acquisition cost of shares
1,499,961,900 yen(4) Acquisition period
July 1–August 22, 2022 (contract basis)(Changes in accounting policies)
Application of Implementation Guidance for Accounting Standard for Fair Value Measurement
We have applied the “Implementation Guidance on Accounting Standard for Fair Value Measurement”(ASBJ Guidance No. 31, June 17, 2021; “Fair Value Measurement Implementation Guidance”) fromthe beginning of the first quarter, and decided to apply new accounting standards set forth in the Fair
Value Measurement Implementation Guidance prospectively in accordance with the transitional
treatment provided for in Section 27-2 of the Fair Value Measurement Implementation Guidance.
There is no impact of application of this implementation guidance on the quarterly consolidated
financial statements.

- 11 -

DKS Co. Ltd. (4461)(Notes on quarterly consolidated statement of income)
Inactive facility expenses
Expenses related to inactive equipment in the six months ended September 30, 2021 are fixed costs
related to the period during which production of radcure resin material manufacturing equipment in the
Chitose Plant of the Yokkaichi Branch was suspended.
Impairment losses
First six months ended September 30, 2022 (from April 1, 2022 to September 30, 2022)(1) The Group recorded impairment losses on the asset group(s) below.
Loca
tion
DKS Co., Ltd. Yokkaichi
Branch(Yokkaichi City, Mie)

Use

Class

Polyurethane material
manufacturing equipment
Total

Amount(Millions of yen)

Buildings and structures

67

Machinery, equipment andvehicles

718
786(2) Background behind recognition of impairment loss
The above assets are non-current assets belonging to the asset group of the Company’s Polyurethane
Materials segment.
During the six months ended September 30, 2022, the profitability of the above assets declined due
to delays in product price adjustments in response to soaring raw material prices and new
development activities. In conjunction with this, the book value of the above assets was reduced to
the recoverable amount, and that amount was recorded under extraordinary losses as an impairment
loss.
The recoverable amount of this asset group is measured by utility value, which is zero because no
future cash flows are expected.
(3) Method of asset grouping
Categories corresponding to product composition and manufacturing method are the smallest units
for grouping assets. Idle assets are grouped individually.
Amortization of goodwill
Amortization of goodwill recorded under extraordinary losses for the six months ended September 30,
2022 was calculated based on the provisions of paragraph (32) of the “Practical Guidelines on
Accounting Standards for Capital Consolidation Procedures in Preparing Consolidated Financial
Statements” (final revision of JICPA Accounting Practice Committee Statement No. 7, February 16,2018).

- 12 -

DKS Co. Ltd. (4461)(Segment information, etc.)
Segment information
I

First six months ended September 30, 2021 (from April 1, 2021 to September 30, 2021)
Disclosure of sales and profit (loss) for each reportable segment and information on breakdownof revenues(Millions of yen)
Surfactants

Amenity
Materials

Polyurethane
Materials

Functional
Materials

Electronic
Life Sciences
Device Materials

Revenue from contacts
with customers

9,063

3,858

4,234

9,391

3,632

207

30,387

Revenues from externalcustomers

9,063

3,858

4,234

9,391

3,632

207

30,387

Transactions with othersegments

–

–

–

–

–

–

–

9,063

3,858

4,234

9,391

3,632

207

30,387

1,287

237

51

783

361

(272)

2,447

Total

Net sales

Total
Segment profit (loss)
operating income (loss)

Note: Total amount of profit or loss in reportable segments and operating income in the quarterly consolidated statement ofincome coincide.

II First six months ended September 30, 2022 (from April 1, 2022 to September 30, 2022)
Disclosure of sales and profit (loss) for each reportable segment and information on breakdownof revenues(Millions of yen)
Surfactants

Amenity
Materials

Polyurethane
Materials

Functional
Materials

Electronic
Life Sciences
Device Materials

Revenue from contacts
with customers

9,534

4,158

4,218

11,5183,093

242

32,765

Revenues from externalcustomers

9,534

4,158

4,218

11,5183,093

242

32,765

Transactions with othersegments

–

–

–

–

–

–

–

9,534

4,158

4,218

11,5183,093

242

32,765

904

58

(198)

248

152

(448)

717

Total

Net sales

Total
Segment profit (loss)
operating income (loss)

Note: Total amount of profit or loss in reportable segments and operating income in the quarterly consolidated statement ofincome coincide.

(Notes on revenue recognition)
Information on revenue from contracts with customers is as stated in Notes (Segment information, etc.)- 13 -