Member of Financial Accounting Standards Foundation

Financial Results for the 2nd Quarter of the Fiscal Year Ending March 31, 2023
November 9, 2022
Listed stock exchanges: Tokyo Stock Exchange
Company name: Unitika Ltd.
Code number: 3103
URL: https://www.unitika.co.jp/e/home.htm
Representative: Shuji Ueno, President and Chief Executive Officer
Contact: Masumi Fujimoto General Manager of Accounting Department
TEL: +81-6-6281-5721
Expected submission of quarterly report: November 11, 2022
Expected commencement date for paying dividend: –Preparation of supplementary explanation documents for quarterly financial results: Yes
Holding of an analyst meeting for quarterly financial results: Yes (for securities analysts and institutional investors)(Figures rounded down to nearest million yen.)
1. Consolidated performance for 2nd quarter of fiscal year ending March 31, 2023 (April 1, 2022 to September 30, 2022)(1) Consolidated performance (accumulation)(Percentages represent changes from same period in previous year.)Net sales

Operating profit%
6.5—

Millions of yen

Q2 of FY ending March 31, 2023
Q2 of FY ended March 31, 2022

(Note) Comprehensive income

59,10555,514%(55.4)
21.2

Millions of yen

1,514
3,392

Quarterly profit
attributable to owners ofparentOrdinary profit
%
33.1
81.4

Millions of yen

3,887
2,922

Millions of yen

2,909
2,214

%
31.4
(40.7)

Q2 of FY ending March 31, 2023: 3,390 million yen [4.0%]
Q2 of FY ended March 31, 2022: 3,260 million yen [(20.8%)]
Quarterly profit per share

Diluted quarterly profit per share
Yen
47.83
35.61

Q2 of FY ending March 31, 2023
Q2 of FY ended March 31, 2022

Yen
23.32
18.16

(2) Consolidated financial situation
Total assets
Q2 of FY ending March 31, 2023
FY ended March 31, 2022

(Reference) Shareholders’ equity

Net assets

Millions of yen
195,696
191,399

Capital adequacy ratio

Millions of yen
46,15943,071

%
22.6
21.6

2nd quarter of fiscal year ending March 31, 2023: 44,277 million yen
Fiscal year ended March 31, 2022: 41,296 million yen

2. Dividend payment
Annual dividend per share
End of Q1

End of Q2

FY ended March 31, 2022
FY ending March 31, 2023

End of Q3
Yen
0.00

Yen
⎯
⎯

Year end
Yen

Total

⎯

Yen
0.00

Yen
0.00

⎯

0.00

0.00

0.00

FY ending March 31, 2023 (forecast)(Note) Revision of the latest dividend forecast: None
(Note) The abovementioned Dividend payment refers to dividends paid to the holders of common stock. For details of dividend payment
to the holders of class shares (unlisted), the rights of which are different from those of common stock, please refer to Dividend
payment to the holders of class shares mentioned below.
3. Forecast of consolidated performance for fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023)(Percentages represent changes from same period in previous year.)Net sales

FY ending March 31, 2023

Operating profit

Millions of yen%

126,000

9.8

Millions of yen(Note) Revision of the latest forecasts of operational results: Yes

Profit attributable toowners of parent

Ordinary profit

Profit per
share

%

Millions of yen%

Millions of yen%

Yen

3,900 (35.1)

5,000(21.9)

2,600

16.9

39.85

Member of Financial Accounting Standards Foundation* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying change of scope of
consolidation): Yes
New companies: ― (company name)
Excluded companies: One (company name) Unitika Plant Engineering Co., Ltd.
(2) Adoption of special accounting methods for preparing quarterly consolidated financial statements: No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
 Changes in accounting policies due to revisions of accounting standards: Yes
 Changes of accounting policies other than the above: No Changes in accounting estimates: No
 Retrospective restatement: No(4) Number of shares outstanding (Common stock) Number of shares outstanding at end of term (including treasury stock):
2nd quarter of the fiscal year ending March 31, 2023: 57,752,343 sharesFiscal year ended March 31, 2022: 57,752,343 shares Number of treasury stocks at end of term
2nd quarter of the fiscal year ending March 31, 2023: 96,173 sharesFiscal year ended March 31, 2022: 95,761 shares Average number of shares outstanding during the term (quarterly consolidated accumulated period)
2nd quarter of the fiscal year ending March 31, 2023: 57,656,445 shares
2nd quarter of the fiscal year ended March 31, 2022: 57,657,021 shares* This brief report of quarterly financial statements is not subject to audit procedures by a certified public accountant or an independent
auditor.
* Explanation on appropriate use of forecasts of performance and other special items
The forward-looking statements in this document concerning forecasting of performance etc. are based on currently available information andassumptions considered by the Company to be reasonable. Such statements are neither promises nor guarantees of future performance. The actual
performance may be significantly different from forecasts due to various factors. Concerning assumptions used as a basis for forecasting businessperformance and precautionary statements when using the forecast of performance, please refer to 1. Qualitative Information on Quarterly Results(3) Explanation of future forecast information including forecast of consolidated performance on page 3 of the attachment.
(Method to obtain the supplementary documents for quarterly financial results)
The Company plans to hold a conference call for institutional investors and securities analysts for quarterly financial results on Tuesday, November 22,
2022. It plans to post the supplementary documents for quarterly financial results to be used in this investor conference call on its website.

Member of Financial Accounting Standards Foundation

Dividend payment to the holders of class shares
The breakdown of dividends per share related to class shares, the rights of which are different from those of common stock, is asfollows:
Annual dividends
End of Q1
Class A share
FY ended March 31, 2022
FY ending March 31, 2023

Yen
—
—

End of Q2
Yen
0.00
0.00

FY ending March 31, 2023 (forecast)Class B share
FY ended March 31, 2022
FY ending March 31, 2023
FY ending March 31, 2023 (forecast)End of Q3
Yen

—
—

Yen
0.00
0.00

Total

Yen
12,000.00

Yen
12,000.00

12,000.00

12,000.00—

Yen
23,740.00

Yen
23,740.00—

23,740.00

23,740.00

—
—

Yen

Year end

YenUnitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

 Table of contents for the attachment
1. Qualitative Information on Quarterly Results................................................................................................... 2(1) Explanation of operational results................................................................................................................ 2(2) Explanation of financial position ................................................................................................................. 3(3) Explanation of future forecast information including forecast of consolidated performance ...................... 3
2. Quarterly Consolidated Financial Statements and Main Notes ........................................................................ 4(1) Quarterly consolidated balance sheets ......................................................................................................... 4(2) Quarterly consolidated statements of income and quarterly consolidated statements ofcomprehensive income ................................................................................................................................ 6
Quarterly consolidated statements of income
Six-month period ended September 30, 2022 ......................................................................................... 6
Quarterly consolidated statements of comprehensive income
Six-month period ended September 30, 2022 ......................................................................................... 7(3) Quarterly consolidated statements of cash flows ......................................................................................... 8(4) Notes on quarterly consolidated financial statements .................................................................................. 9(Notes on assumption of going concern) ..................................................................................................... 9(Notes on significant changes in shareholders’ equity) ............................................................................... 9(Changes in accounting policies)................................................................................................................. 9(Segment information, etc.) ......................................................................................................................... 9
3. Supplementary Materials ................................................................................................................................ 10- 1 -Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

1. Qualitative Information on Quarterly Results(1) Explanation of operational results
During the first six-month period of the consolidated fiscal year under review (April 1, 2022 to September 30, 2022),
looking at the Japanese economy, consumer spending and capital expenditures showed a sign of recovery after thegovernment’s restriction in movements, as one of the coronavirus measures, was gradually relaxed. However, theeconomic outlook remained uncertain since there were many concerns, including geopolitical risk that came tosurface from the end of the previous fiscal year, the yen’s rapid depreciation, and sharp price increases.
Under these circumstances, the Unitika Group has been endeavoring to realize Building a robust business portfolio,
Promotion of the global business, and Reformation of the corporate culture and awareness under G-STEP30, the1st, a medium-term management plan that is in its final year.
In the first six-month period of the consolidated fiscal year under review, the Group reported net sales of 59,105
million yen (up 6.5% year on year), supported by an increase in demand due to the recovery of economic activity
from the COVID-19 pandemic.
On the other hand, operating profit decreased to 1,514 million yen (down 55.4% year on year) due to the great
impact of production cost increases caused by continuing high raw material and fuel prices and a weak yen.
Furthermore, ordinary profit grew to 3,887 million yen (up 33.1% year on year) and profit attributable to owners ofparent rose to 2,909 million yen (up 31.4% year on year) since the Company posted a foreign-exchange valuation
gain of assets denominated in foreign currencies due to a weaker yen.
Here is an overview of the business results by segment.

[Polymers Segment]
The Polymers Segment had difficulty to secure profitability despite its efforts to raise prices against cost increases
caused by soaring raw material and fuel prices.
In the Films business, demand remained strong both in the packaging and industrial sectors. Sales of high-valueadded products, such as “EMBLEM-HG,” a barrier nylon film, in the packaging sector, and “UNIPEEL,” a siliconfree release PET film, in the industrial sector, expanded. However, profitability worsened because of surging raw
material and fuel prices and transportation costs. Accordingly, the Films business saw net sales increase but profit
decrease.
In the Plastics business, sales increased supported by the revision of sales prices and steady sales for leisureapplications, although the COVID-19 lockdown in China affected sales for each application and the reduction of
automobile production caused sales for automobile applications to decrease. On the other hand, a sharp rise in raw
material and fuel prices greatly weighed on profitability. Accordingly, the Plastics business saw net sales grow andprofit decline.
Consequently, the Polymers segment posted operating profit of 2,400 million yen (down 37.1% year on year) on net
sales of 26,027 million yen (up 3.5% year on year).
[Performance Materials Segment]
The Performance Materials Segment saw sales, mainly for building material applications, pick up despite thenegative impact of rising raw material and fuel prices and transportation costs.
In the Activated Carbon Fibers business, sales for mainstay water purifier applications remained robust, but sales
for automobile applications decreased.
In the Glass Fibers business, in the industrial materials sector, sales for building and civil engineering applications,such as tents and sheets, were steady. In the electronic materials sector, sales of IC cloth, mainly high-value-added
products, including super-thin products and materials with low thermal expansion, expanded.
In the Glass Beads business, sales for industrial applications, such as blasts, were strong, but sales for roadapplications suffered natural disasters, including torrential rains, and sales for reflective material applications weresluggish due to the deterioration of the market condition in Europe. Furthermore, a sharp rise in raw material andfuel prices greatly affected the business, worsening profitability.
In the Non-woven Fabrics business, sales for industrial material applications increased due to a gradual recovery of
demand. In addition, sales for skin care applications turned around due to a recovery of people who go out andweather factors, such as hot weather.
In the Industrial fibers business, sales decreased since demand for each application slackened. Furthermore,
profitability worsened greatly due to soaring raw material and fuel prices.
Consequently, the Performance Materials segment posted operating profit of 134 million yen (up 560.9% year onyear) on net sales of 17,762 million yen (up 5.4% year on year).

[Fibers and Textiles Segment]
In the Garments, Lifestyle Materials and Bedding business, demand primarily for uniforms, a mainstay of thisbusiness, and women’s clothing showed a sign of recovery. In addition, exports grew. However, profitability
deteriorated substantially due to higher cost factors throughout the supply chain, including surging raw material andfuel prices, the yen’s depreciation, and soaring logistics costs.
Consequently, the Fibers & Textiles segment posted an operating loss of 1,004 million yen (versus an operating lossof 444 million yen in the previous year) on net sales of 15,274 million yen (up 13.3% year on year).
- 2 -Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

[Others]
The Others category posted an operating loss of 26 million yen (versus an operating loss of 14 million yen in theprevious year) on net sales of 41 million yen (up 11.2% year on year).
(2) Explanation of financial position

Total assets increased by 4,297 million yen from the end of the previous consolidated year to 195,696 million
yen mainly due to a rise in inventories and property, plant and equipment despite a decrease in cash anddeposits. Liabilities rose by 1,209 million yen from the end of the previous consolidated year to 149,537
million yen. This was primarily due to an increase in notes and accounts payable-trade. Net assets grew by
3,087 million yen from the end of the previous consolidated year to 46,159 million yen. This was mainly due
to a rise in retained earnings caused by the posting of profit attributable to owners of parent.
Here is a summary of the cash flow situation.
(Net cash provided by [used in] operating activities)
Net cash provided by operating activities amounted to 51 million yen (down 99.0% year on year) during the firstsix-month period of the current consolidated fiscal year due to the posting of profit before income taxes despite
a rise in inventories.
(Net cash provided by [used in] investing activities)
Net cash used in investment activities amounted to 4,543 million yen during the first six-month period of thecurrent consolidated fiscal year (4,252 million yen used in the same period of the previous consolidated fiscal
year) due to the posting of expenses related to capital expenditures.
(Net cash provided by [used in] financing activities)
Net cash used in financing activities amounted to 670 million yen during the first six-month period of the current
consolidated fiscal year (2,031 million yen used in the same period of the previous consolidated fiscal year)
mainly due to repayment of borrowings.
As a result, cash and cash equivalents at the end of the second quarter of the consolidated fiscal year under review
decreased by 4,586 million yen from the end of the previous consolidated fiscal year to 13,828 million yen.
(3) Explanation of future forecast information including forecast of consolidated performance
Concerning the forecast of consolidated performance for the fiscal year ending March 31, 2023, please refer to theCompany’s notice announced on November 9, 2022, “Notice Concerning Posting of Non-Operating Income(Foreign Exchange Gains), Difference between Forecasted and Actual Performances for the First Six-Month Periodof the Fiscal Year Ending March 31, 2023, and Revision of Consolidated Performance for the Full Fiscal Year.”- 3 -Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

2. Quarterly Consolidated Financial Statements and Main Notes(1) Quarterly consolidated balance sheets

Previous consolidated
fiscal year
(March 31, 2022)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade, andcontract assets
Inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Machinery, equipment and vehicles, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 4 -(Unit: Millions of yen)Q2 of current consolidated
fiscal year ending March 2023
(September 30, 2022)

18,985

14,44029,49529,90629,3983,134(87)
80,92633,151
3,535(63)
80,971

19,26962,584
22,274104,128

20,10462,777
24,979107,861

2,238
2,238

2,215
2,215

4,210
(104)
4,106
110,472
191,399

4,767
(118)
4,648
114,725
195,696

Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

(Unit: Millions of yen)Q2 of current consolidated
fiscal year ending March 2023
(September 30, 2022)

Previous consolidated
fiscal year
(March 31, 2022)
Liabilities
Current liabilities
Notes and accounts payable – trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
A product repair reserve fund
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets- 5 -16,4502,065
91,647
598
1,742
35
9,228
121,768

17,486
3,065
90,306
657
1,716
35
9,436
122,704177
14,62811,75326,559148,328

193
14,953
11,686
26,833
149,537100
12,301
27,597(57)
39,942100
12,30130,204(57)
42,549

435

389

(1)
6,313
(4,184)(1,208)3
6,313(3,893)(1,084)

1,354

1,727

1,774
43,071
191,399

1,881
46,159195,696

Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

(2) Quarterly consolidated statements of income and quarterly consolidated statements of comprehensive income(Quarterly consolidated statements of income)(Six-month period ended September 30, 2022)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using
equity method
Foreign exchange gains
Rental income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using
equity method
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Loss on tax purpose reduction entry of noncurrent assets
Other
Total extraordinary losses
Profit before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

Six-month period
ended September 30, 2021
(April 1, 2021 toSeptember 30, 2021)
55,514
41,375
14,13910,747
3,392(Unit: Millions of yen)Six-month period
ended September 30, 2022
(April 1, 2022 toSeptember 30, 2022)
59,10546,275
12,82911,315
1,514

20
35

22
37

8

⎯

9
40
211
327

2,791
37
229
3,117

561

509

⎯

9

235
797
2,922

225
744
3,887

94
556
650

0
⎯
0

438

452

398

⎯

25
863
2,710
464
32
496
2,213
(0)
2,214

6
458
3,429
508
28
537
2,891
(17)
2,909

- 6 -

Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

(Quarterly consolidated statements of comprehensive income)(Six-month period ended September 30, 2022)

ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net oftax
Total other comprehensive income
Comprehensive income(Comprehensive income attributable to)Comprehensive income attributable to owners ofparentComprehensive income attributable to noncontrolling interests

Six-month period ended
September 30, 2021
(April 1, 2021 toSeptember 30, 2021)
2,213(Unit: Millions of yen)Six-month period ended
September 30, 2022
(April 1, 2022 toSeptember 30, 2022)
2,891

2

(46)

4
904

5
415

135

123

1,047
3,260

498
3,390

3,159

3,283

101

106

- 7 -

Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

(3) Quarterly consolidated statements of cash flows

Cash flows from operating activities
Profit before income taxes
Depreciation
Loss on tax purpose reduction entry of non-current assets
Insurance claim income
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in retirement benefit liability
Increase (decrease) in a product repair reserve fund
Increase (decrease) in other provisions
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on disposal of non-current assets
Loss (gain) on sales of non-current assets
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Proceeds from insurance income
Net cash provided by (used in) operating activities
Cash flows from investing activities
Decrease (increase) in time deposits
Purchase of investment securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Payments for retirement of property, plant and equipment
Other, net
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
Dividends paid
Other, net
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- 8 -Six-month period ended
September 30, 2021
(April 1, 2021 toSeptember 30, 2021)(Unit: Millions of yen)Six-month period ended
September 30, 2022
(April 1, 2022 toSeptember 30, 2022)

2,710
2,426
398
(556)
32
511
(4)
(56)
561
(9)
438
(94)
883
(1,635)
728
(216)
6,117
56
(591)
(671)
157
5,067

3,429
2,522
－
－
(10)
377
(0)
(28)
509
(2,791)
452
(0)
(93)
(3,356)
488
(579)
919
59
(516)
(410)
－
51

(0)
(5)
(3,816)
244
(251)
(423)
(4,252)30(5)(3,940)
0
(304)
(323)
(4,543)(119)－(1,529)(321)(60)(2,031)
228(987)
22,593
21,6051,000
46(1,371)
(302)
(42)
(670)
575
(4,586)
18,415
13,828

Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

(4) Notes on quarterly consolidated financial statements(Notes on assumption of going concern)
Not applicable(Notes on significant changes in shareholders’ equity)
Not applicable(Changes in accounting policies)(Application of Accounting Standard for Fair Value Measurement)
Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, June17, 2021; hereinafter “Fair Value Measurement Standard Implementation Guidance”) has been applied fromthe beginning of the first quarter of the consolidated fiscal year ending March 31, 2023. In accordance withthe transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Standard
Implementation Guidance, the Company has decided to apply the new accounting policies set forth by the Fair
Value Measurement Standard Implementation Guidance into the future. These changes had no impact on thequarterly consolidated financial statements.
(Segment information, etc.)[Segment Information]
I. Six-month period ended September 30, 2021 (April 1, 2021 to September 30, 2021)
1. Information on net sales, income or loss by reportable segment(Unit: Millions of yen)
Reportable segment

Polymers

Other(Note 1)

Performance
Materials

Fibers &TextilesTotal

16,84813,47655,47737

Net sales
Net sales to outside customers
Inter-segment sales or transfer

25,151
2,493

899

111

3,504

Total

27,645

17,74813,58758,981

Total

Amount posted in
Quarterly
Adjustment
consolidated(Note 2)statements ofincome(Note 3)55,514

⎯

⎯

3,504

(3,504)⎯37

59,018(3,504)55,514

3,818
20
(444)
3,394
(14)
3,379
12
Segment income (loss)(Notes) 1. The Other segment includes business segments that are not included in reportable segments.
2. Adjustment of Segment income (loss) is attributable to the elimination of inter-segment transactions.
3. Segment income (loss) is adjusted with operating profit in consolidated statements of income.

3,392

55,514

II. Six-month period ended September 30, 2022 (April 1, 2022 to September 30, 2022)
1. Information on net sales, income or loss by reportable segment(Unit: Millions of yen)
Reportable segment

Polymers

Performance Fibers &Materials
TextilesNet sales
Net sales to outside customers
Inter-segment sales or transfer

26,027
3,035

926

Total

29,062

18,68917,762

15,274

Total

Other
(Note 1)

Total

Amount posted in
Quarterly
Adjustment
consolidated(Note 2)statements ofincome(Note 3)

59,105

⎯

⎯

4,030

(4,030)⎯41

63,136(4,030)59,10559,064

41

68

4,030

15,34363,094

59,1052,400
134(1,004)
1,529
(26)
1,503
10
1,514
Segment income (loss)(Notes) 1. The Other segment includes business segments that are not included in reportable segments.
2. Adjustment for Segment income (loss) is attributable to the elimination of inter-segment transactions and the adjustment of
inventories.
3. Segment income (loss) is adjusted with operating profit in consolidated statements of income.

- 9 -Unitika Ltd. (3103)

Financial results for 2nd quarter of fiscal year ending March 31, 2023

3. Supplementary Materials
1. Results and earnings forecast for fiscal year ending March 2023 (consolidated)(Millions of yen)
FY ended March
2021
FY ended March2022
FY ending March
2023
Comparison withprevious year

Consolidated

Operating
Net sales
profit110,375
6,018

Full year
Q2
Full year
Q2
Full year (forecast)
Q2
Full year

Ordinary
Profit attributableprofitto owners of parent
5,381
3,864

55,514
114,713
59,105126,000
3,591

3,392
6,005
1,514
3,900
(1,878)

2,922
6,399
3,887
5,000
965

2,214
2,223
2,909
2,600
695

11,286(2,105)(1,399)376

2. Segment information (consolidated)(Millions of yen)
Performance
Polymers Materials Fibers & Textiles

Results forprevious
fiscal year

Results for
current
fiscal year

1st six-month
period ended
September
2021(Results)
1st six-month
period ended
September
2022(Results)

Comparison with the same
period of the previous year

Net sales to outside
customers
Component ratio (%)
Operating profit
Component ratio (%)
Net sales to outside
customers
Component ratio (%)
Operating profit
Component ratio (%)
Net sales to outside
customers

Consolidated
total

Other Adjustment

25,151

16,84813,47637―

55,514

45.3
3,818
112.6

30.3
20
0.6

24.3
(444)
(13.1)

0.1
(14)
(0.4)

―
12
0.4

100.0
3,392
100.0

26,027

17,762

15,274

41―

59,105

44.0
2,400
158.5

30.1
134
8.9

25.8
(1,004)(66.3)

0.1
(26)
(1.7)

―
10
0.7

100.0
1,514
100.0

875

913

1,797

4

―

3,591

3.5

5.4

13.3

11.2

―

6.5

Increase/decrease fromprevious year (%)

Operating profit(1,418)

114

(560)

(11)

(2)

(1,878)

Increase/decrease fromprevious year (%)(37.1)

560.9

―

―

(16.3)(55.4)

3. Capital investment, Depreciation (Property, plant and equipment), R&D expenditures, Interest-bearing liabilities,
Financial account balance, Number of permanent employees (consolidated)(Millions of yen, persons)Capitalinvestment
FY ended
March 2021
1st six-month
period ended
September 2021
FY ended
March 2022
1st six-month
period ended
September 2022

Depreciation(Property,
plant andequipment)

R&D
expenditures

Interest-bearing
Financialliabilities (endaccount balanceof fiscal year)

Number ofpermanent
employees(persons)

Full year

7,387

4,517

3,639

96,798(1,054)

3,007

Q2

3,575

2,168

1,784

95,243

(505)

3,020

Full year

7,614

4,672

3,601

93,890(1,002)

3,037

Q2

3,787

2,140

1,818

93,565

(449)

3,036

4. Cash flow (consolidated)(Millions of yen)
FY ended
March 2021
1st six-month
period ended
September 2021
FY ended
March 2022
1st six-month
period ended
September 2022

Cash flow fromoperating activities

Cash flow frominvestment activities

Cash flow fromfinancing activities

Cash and cash equivalents
at end of fiscal year

Full year

14,869(6,171)(4,141)

22,593Q2

5,067(4,252)(2,031)

21,605Full year

8,666(8,989)(4,212)

18,41551(4,543)(670)

13,828

Q2- 10 -