Taiheiyo Cement by Numbers — Data Section

11-Year Summary
FY2013

Statement of Income (million yen)
Net sales

Operating Income
Ordinary income

Profit attributable to owners of parent

Financial Condition (million yen)
Net assets

Total assets

Interest-bearing debt

Per Share Data* (yen)Book-value per share
Earnings per share

Closing share priceCash Flow (million yen)

Cash flows from operating activities

FY2014FY2015FY2016

916,071
66,01264,30643,452

884,350
61,00860,541
39,151

863,90363,61065,74446,800708,201
46,70150,193
28,971

809,5424,4561,015(33,206)

219,826
982,473473,959

273,3121,015,564
435,118

347,490
1,040,602
399,138

357,073
1,014,075
394,497

400,034
1,015,415
340,930

432,326
1,020,111
288,606

450,645
1,034,428
279,615473,241
1,032,923
266,115

506,8211,044,227
248,102544,799
1,103,007
270,587

528,857
1,268,862
403,485

1,558.5
92.2
2,210

1,955.7
286.7
3,720

2,463.1
359.1
3,670

2,591.1
296.3
2,590

2,930.2
383.9
3,720

3,193.7
311.4
3,865

3,388.4
351.7
3,690

3,567.6
319.9
1,850

3,971.3
387.8
2,911

4,362.2
245.8
2,019

4,228.5(283.7)2,487

94,43390,902

51,974

107,683(48,460)(65,818)
44,976

61,50588,55877,00075,62755,60450,645(4,027)50,072

EBITDA (million yen)

Net debt/equity ratio (DER) (multiples)

Other

Capital expenditure (million yen)
Depreciation (million yen)

R&D expenses (million yen)

FY2023871,113
65,12964,36638,52554,408Return on equity (ROE)FY2022

798,588
63,23559,80247,597

Cash and cash equivalents at end of fiscal year

Equity ratio (%)

FY2021

835,359
60,43360,22536,404(31,377)

Return on assets (ROA) (ordinary income)

FY2020842,848
65,40667,89044,114(27,926)

Operating income on net sales

FY2019840,288
70,43469,59035,223(16,441)

Financial Indicators

FY2018

747,616
40,65932,667
11,329Cash flows from investing activities

Cash flows from financing activities

FY2017(51,792)(62,269)(52,713)(71,099)(10,394)(81,855)(58,025)

97,283(65,534)

50,08445,748

110,403(47,809)(43,952)
63,819(33,753)(29,436)

71,191(83,919)(268)(93,344)(3,742)50,213112,080
70,828

5.4
3.3
6.3
19.5
80,081
2.2

8 .4
7 .0
16.3
23.7
110,987
1 .6

7 .8
6 .6
16.3
29.1
107,807
1 .1

7 .2
5 .9
11.7
31.4
104,390
1 .1

7 .9
5 .9
14.0
35.6
107,694
0 .8

7 .5
6 .3
10.2
38.7
109,132
0 .6

7.2
6.3
10.7
40.1
110,020
0.5

6 .9
5 .9
9 .2
42.3
109,871
0 .5

7 .4
6 .3
10.345.1
116,293
0 .4

6 .6
4 .7
5 .9
46.3
102,711
0 .4

0.6
0.1
(6.6)
39.0
68,8750.7

32,52439,422
3,846

39,09440,553
4,052

42,16042,401
4,422

44,076
43,9574,228

54,38444,4594,538

58,08744,003
4,452

67,79644,008
4,311

77,677
48,863
4,431

66,003
52,683
4,606

73,37356,0105,284

75,93264,4195,903* The Company, effective October 1, 2017, conducted a reverse stock split for its common stock at a ratio of one for 10.
Per share information are calculated assuming the share consolidation took place at the year to March 2011.
* The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29), etc. were applied from FY2022.

14 Medium-Term Management Plan
FY2013-FY2015

Business Strategies
Fulfill our social mission

Make maximum contributions to projects related
to recovery from the Great East Japan Earthquake

Pursue our main businesses

Establish sustainability in the domestic cementbusiness and fulfill our responsibilities as part ofa social infrastructure industry

17 Medium-Term Management Plan
FY2016-FY2018

Business Strategies

Enhance existing businesses, and formulate andimplement growth strategies
Strengthen management foundations
Provide support for national projects
Enhance research and development

20 Medium-Term Management Plan

Strengthen the earnings capacity of existing
businesses
Formulate and implement growth strategies
Provide support for national projects

Promote our materials business, and further
advance our overseas business expansion• Operating income on net sales: 7.8%
• ROA (ordinary income): 6.6%
• Net DER: 1.1

126

FY2018 results• Operating income on net sales: 7.5%
• ROA (ordinary income): 6.3%
• Net DER: 0.6

FY2022-FY2024

Business StrategiesExpand our growth fields

FY2015 results

23 Medium-Term
Management Plan

FY2019-FY2021

1

Initiatives to deliver carbon
neutrality

2

Sustained growth investment

3

Strengthening plant facilities

4

Quarry development

FY2021 results• Operating income on net sales: 7.4%
• ROA (ordinary income): 6.3%
• Net DER: 0.4127