ProfileStrategy

Foundation

At a Glance
FY2022

Net sales: 174.9 billion yen

Operating profit: 8.4 billion yen

Sales composition ratio
Environmental Protection,
Construction and Others
Informationand Electrics/Electronics

13％

EnvironmentalProtection,
Construction
and Others

33％

Toiletries and
Health Care

14％

Plastics andTextiles

28％

Information andElectrics/Electronics

Petroleum andAutomotives

Net sales / Operating profit by segment
Net sales (billion yen)
80

Operating profit (billion yen)

55.2
40

57.0

54.9

54.3

53.7

84

3.4
1.9

1.8

1.3

0.1

040

Operating profit (billion yen)

43.1

3.442.7 4.2

37.3 3.8

8

42.5

48.2
3.7

4

2.90

Plastics andTextilesPetroleum andAutomotives

Plastics andTextilesOperating profit (billion yen)

40

3.6
22.1

3.2
21.4

20.8

2.98

3.7
25.4

428.1 2.80

Overview of segments for the current fiscal year

Surfactants for detergents, surfactants for haircare products, agents for papermaking,superabsorbent polymers (SAPs), rawmaterials for pharmaceuticals, germicides/disinfectants, surgical hemostatic agents, clinicaldiagnostic reagents for enzyme immunoassay(EIA), potting resins for artificial kidneys

In the Toiletries segment, although demand for polyethylene glycol declined due to the lockdown inShanghai, China, sales of papermaking chemicals remained strong, resulting in steady sales. In theHealth Care segment, sales of superabsorbent polymers decreased in volume in all locations.
Although sales increased slightly due to the revision of selling prices in response to rising raw material
costs, operating profit declined significantly.
Total net sales in this segment increased by 3.9% year on year to 57.068 billion yen, and operating
profit was 0.113 billion yen (a decrease of 94.2% year on year).

Thermoplastic polyurethane beads for theinterior parts of automobiles (TUBs), rawmaterials for polyurethane foams (PPG),
lubricant additives, additives for fuel oil,water-soluble cutting fluid, halogen-freecleaning agents, base materials for synthetic
lubricants, paste resins for design models,
resins for automobile paints

Information andElectrics/Electronics

4.340

22.7

43.3
20.9

8

17.0 1.7

20.9 2.5

23.1 2.50EnvironmentalProtection,
Construction
and Others

40840416.5 1.3

15.2 1.3

18.6 1.5

18.20

In the Petroleum and Automotives segment, sales increased due to price revisions caused by soaring
raw material costs, despite a decrease in demand for raw materials for polyurethane foams used in
automobile seats and other applications, thermoplastic polyurethane beads for interior parts ofautomobiles, and lubricant additives due to automobile production adjustments. Total net sales in thissegment increased by 13.5% year on year to 48.279 billion yen, and operating profit was 2.988 billion
yen (a decrease of 20.5% year on year) due to a decrease in sales volume.

2019080

Operating profit (billion yen)

54.0

53.0
4.0

40

856.0 5.2

4.5

40
Net sales (billion yen)

Permanent antistatic agents, pigment
dispersants, resin modifiers, paint resins,defoaming agents, base materials forpolyurethane elastomers, chemical boards formodels, agents for textile manufacturing,chemicals for carbon fibers, agents forfiberglass, polyurethane resins for artificial
and synthetic leather

In the Plastics segment, although sales of permanent antistatic agents were weak, sales of paintcoating agents and additives increased overseas, resulting in strong sales. In the Textiles segment,sales experienced a large increase as sales of chemicals for carbon fibers increased steadily andsales of polyurethane resins for synthetic leather and elastomer fiber were strong. Total net sales inthis segment increased by 10.6% year on year to 28.177 billion yen, and operating profit was 2.837
billion yen (a decrease of 23.6% year on year) due to a decrease in sales volume.

Polyester beads used as a core component ofpolymerization toners (PEBs), toner resins,
electrolytes for aluminum electrolytic
capacitors, adhesives for electronic materials,
chemicals for use in electronic parts
manufacturing, UV/EB curing resins

In the Information segment, sales experienced a large increase. This was mainly due to recovery of
office printing demand, which had stagnated due to the COVID-19 pandemic, as well as strong salesof raw materials for polyester beads as a core component of polymerization toners and pulverized
toner resins. In the Electrics/Electronics segment, although demand for raw materials used ingeneral-purpose resists declined due to the slowdown in the semiconductor market, sales ofphotosensitized materials used as raw materials in cutting-edge resists increased, and sales ofelectrolytes for aluminum electrolytic capacitors also increased, resulting in strong sales. Total net
sales in this segment increased by 10.4% year on year to 23.163 billion yen, and operating profit was2.558 billion yen (an increase of 1.9% year on year).

80

Operating profit (billion yen)

40

29.0

3.5

30.0

4.0

84.5

431.00

Polymer flocculants for wastewater treatment,cationic monomers, PPG for furniture and heatinsulating materials, slurry agents, reactive
hot-melt adhesives, raw materials for building
sealants, cement chemicals

1.40

2018

1.2

0.3

0.00
Net sales (billion yen)

80

Operating profit (billion yen)

40

25.0

3.2

8

4.5

3.8

4

26.0

25.5

00
Net sales (billion yen)

Operating profit (billion yen)

1.4

400

18.2

8

64.0

59.5

54.0

Net sales (billion yen)
80

Operating profit (billion yen)

Net sales (billion yen)0

Operating profit (billion yen)

Net sales (billion yen)80

0

Net sales (billion yen)
80

Targets in the New Medium-Term
Management Plan 2025

Main products

0
Net sales (billion yen)80

attributable to owners of parent was 5.684 billion yen (a decrease of 15.2% year on year) due to a decrease in sales volume, an increase in selling and general administrative expenses, and other factors.

30％

29％yen (a decrease of 29.2% year on year), ordinary profit was 9.918 billion yen (a decrease of 22.3% year on year), and profit

0

Net sales (billion yen)
80

Toiletries andHealth Care1％26％16％

Petroleum andAutomotives

factors such as price revisions in response to rising raw material costs. In terms of profits, operating profit was 8.405 billion

Operating profit composition ratio by segment

10％

Toiletries andHealth CareNet sales for the current consolidated fiscal year amounted to 174.973 billion yen (an increase of 7.7% year on year) due to2020

20212022（FY）

In the Environmental Protection segment, although demand for cationic monomers for polymer
flocculants for overseas markets was sluggish, sales increased due to price revisions caused bysoaring raw material costs. In the Construction segment, sales of raw materials for polyurethane
foams mainly used in furniture and heat insulating materials were weak due to a lull in demand forstaying at home. Total net sales in this segment decreased by 1.7% year on year to 18.284 billion yen,and operating profit was 1.408 billion yen (a decrease of 11.3% year on year).

80

Operating profit (billion yen)

8404

19.0

21.0

23.0

1.0

1.2

1.4

2023

2024

2025

00（FY）(Note) Operating profit for each reportable segment is calculated without including R&D expenses related to new businesses that do not belong to each segment.

5

Sanyo Chemical Group Integrated Report 2023

Sanyo Chemical Group Integrated Report 2023

6