Consolidated Financial Results for
FY2023 (April 1, 2023 - March 31, 2024)

May 15, 2024

HODOGAYA CHEMICAL CO., LTD.

1

Segment details
Businesses

Products

OLED Materials

OLED Materials（Transport Materials、 Emitting Materials、 Capping Layer Materials）、Materials for PCR Diagnostic Kits

Colorants

Aluminum Coloring Dyes、 Stationery Dyes、 Dyes for Hair Color Treatment、 Food
Additives

Segment

Functional
Colorants

Specialty
Polymers

Imaging Materials

Materials for Copier Toner、 Organic Photo Conductor Materials

Advanced Device
Materials

Dyes for Color Filters、 Near-infrared Absorption Materials、 Organic Solar Cell
Materials

Polyurethane
Materials

Urethane Materials、Adhesives、Release Agents

Construction
Materials

Waterproof Materials for Civil Engineering and Construction、Waterproofing andLeak-Plugging WorkSpecialty Chemicals

Intermediates for Pharmaceutical, Functional Polymers and Electronics

BasicChemicals

Industrial Chemicals

Hydrogen Peroxide and Derivatives、Industrial Chemicals

AgroScience

Agrochemicals
and Agricultural
Materials

Logistics

Logistics

HODOGAYA CHEMICAL CO., LTD.

Herbicides、 Pesticides、 Agricultural Materials (Oxygen Supply Materials)

Warehousing、 Consigned Freight Forwarding、 ISO Tank Container Storage Services2Overview(Millions of Yen)

第2四半期累計

FY2022

FY2023

ChangeNet sales

43,32444,261＋ 937

Operating profit

3,701

3,951＋ 250

Ordinary profit

4,211

4,711＋ 499

Profit attributable toowners of parent

2,223

2,480＋ 257

Exchange rate
HODOGAYA CHEMICAL CO., LTD.

USD=136.00JPY USD=145.31JPY
KRW=0.1037JPY KRW=0.1099JPY
3

Analysis of Net sales(Millions of Yen)

（単位：百万円）

43,324

Sales
Decrease
Polyurethane
Materials
Specialty
Chemicals

Imaging
Materials▲4,375

FY2022
Net ｓales
HODOGAYA CHEMICAL CO., LTD.

Sales
Increase

OLEDMaterials
Hydrogen
Peroxide
Agro-Science

Foreign
Exchange
Effect＋1,18544,261

Net
Increase＋937＋4,127

FY2023
Net ｓales4Overview
・Net sales increased by 937 million yen due toa decrease in Specialty Polymers and Logistics, despite
an increase in Functional Colorants, Basic Chemicals,and Agro-science, and the effect of the weaker yen.

・Operating profit increased by 250 million yen due toa increase in sales.
・Ordinary profit increased by 499 million yen due toa increase in operating profit.
・Profit attributable to owners of parent increased by257 million yen due to increase in ordinary profit.
HODOGAYA CHEMICAL CO., LTD.

5

Consolidated Balance Sheets(100 millions yen)
Mar.312023

Mar.31
2024

ChangeTotal current assets

365

386＋20Total liabilities

221

237＋15

Cash and deposits

104

129＋24

Trade payables

46

51＋5Notes and accounts
receivable - trade, andcontract assets

129

122(7)

interest-bearingdebt

105

93(11)

Inventory

120

126＋6

Other

70

91＋21

Other

118(2)

Total net assets

498

574＋75354

424＋70Share capital

111

111-Tangible and intangible
fixed assets

239292＋52

Capital surplus

79

79(0)

Investment securities

85

108＋23Retained earnings

186

206＋20Other2923(5)

Other

121

176＋55

720

811＋91

720

811

＋91

Total non-current
assetsTotal assets
HODOGAYA CHEMICAL CO., LTD.

Mar.31
2023

Total liabilities andnet assets

Mar.31
2024

Change6

Net sales by segment(Millions of Yen)FY2022

FY2023

ChangeOthers17,990
11,580
7,152
4,628
1,874
97

21,238
8,341
7,846
4,940
1,704
189

＋ 3,248(3,239)＋ 694＋ 311
(170)
＋ 92

Total

43,32444,261＋ 937

Functional Colorants
Specialty Polymers
Basic Chemicals
Agro-ScienceLogistics

HODOGAYA CHEMICAL CO., LTD.

7

Operating profit by segment(Millions of Yen)FY2022

FY2023

ChangeOthers

2,602861(575)457
341
123,197(94)
207
376
250
14＋ 594(956)
＋ 782
(81)
(91)
＋2Total

3,701

3,951＋ 250

Functional Colorants
Specialty Polymers
Basic Chemicals
Agro-ScienceLogistics

HODOGAYA CHEMICAL CO., LTD.

8

Functional Colorants
Net sales

Operating profit（100 million yen） （100 millions yen）

Operating profit【Quarterly】

Net sales（100 millions yen）

（100 million yen）

2401206030200

1004020160802010001206080

1Q
2Q
FY2022

3Q

4Q

1Q 2Q
FY2023

3Q

4Q

Net sales（Left）

40402000

FY2022

Operatingprofit（Right）

FY2023

HODOGAYA CHEMICAL CO., LTD.

9

Specialty Polymers
Net sales【Quarterly】

Operating profit（100 million yen） （100 millions yen）

Operating profit

Net sales（100 millions yen）

（100 million yen）

12060

10050804060

304020201002040

102000-5
1Q
FY2022

2Q

3Q

4Q

1Q 2Q
FY2023

3Q

4Q

Net sales（Left）
Operatingprofit（Right）

0FY2022

FY2023

HODOGAYA CHEMICAL CO., LTD.

-1010

Basic Chemicals
Net sales【Quarterly】

Operating profit（100 million yen） （100 millions yen）

Operating profit

Net sales（100 millions yen）

（100 million yen）

80

40306040301520

1010

500-520
1Q
FY2022

202Q

3Q

4Q

2Q
1Q
FY2023

3Q

4Q

Net sales（Left）

1000

Operatingprofit（Right）-10

FY2022

HODOGAYA CHEMICAL CO., LTD.

FY2023

11Agro-ScienceNet sales

Operating profit（100 million yen） （100 millions yen）

30604020【Quarterly】

Net sales

Operating profit（100 millions yen）

（100 million yen）

3015201010500-51Q
FY2022
201000

FY20222Q

3Q

4Q

1Q
FY2023 2Q

3Q

4Q

Net sales（Left）
Operatingprofit（Right）

FY2023

HODOGAYA CHEMICAL CO., LTD.

12Logistics
Net sales【Quarterly】

Operating profit（100 million yen） （100 millions yen）

Operating profit

Net sales（100 millions yen）

（100 million yen）

20101056342

2

101Q
FY2022

02Q

3Q

4Q

1Q
FY2023 2Q

3Q

4Q

Net sales（Left）
Operatingprofit（Right）

00

FY2022FY2023

HODOGAYA CHEMICAL CO., LTD.

13

Forecast for FY2024(Millions of Yen)FY2023Results

FY2024
ForecastNet sales

44,261

48,000Operating profit

3,951

4,500

Ordinary profit

4,711

4,800

Profit attributable toowners of parent

2,480

2,700

HODOGAYA CHEMICAL CO., LTD.

14

DividendDividends per Share

DOE（％）（JPY）

90

Since FY 2021 dividends increase for thefourth consecutive year (as forecast）

8575

80
65

7060

60
50

50

50
30

2525301025232.5

25

12025

42.5
37.5

5040

33025

32.5

37.5

42.5

00FY 2018

FY 2019

FY 2020
Interim

HODOGAYA CHEMICAL CO., LTD.

FY 2021Year-end

FY 2022

FY 2023

FY2024
Forecast

DOE15