FYE March 2017
First Quarter
Financial Highlights
NAGASE & CO., LTD.
AAugustt 4,4 2016

Copyright © 2016 NAGASE & CO., LTD.

目次
Consolidated Statements of Income

2

Net Sales by Region (Domestic, Overseas)

3

Net Sales: Two-Year Comparison (by Segment)

4

Operating Income: Two-Year Comparison (by Segment)

5

Consolidated Balance Sheets

6

Copyright © 2016 NAGASE & CO., LTD.

Consolidated Statements of Income■Net sales: Lower
Lower, mainly due to sales declines in Functional Materials and Advanced Materials & Processing segments,segments despite
growth in the Life & Healthcare segment■Operating income: Lower, mainly due to ¥700 million in expenses related to retirement benefit accounting actuarial losses (¥1billion higher YoY)
■P fi attributable■Profitib bl to owners off theh parent: LLower, mainly
i l d
due to lloss on sales
l off shareshoff subsidiaries
b idi i andd affiliates
ffili(100 millions of yen)

15/06

16/06

ChangeVs. PY

Published Forecast

Net sales

1,851

1,733

‐11794%7,350

Gross profit

235

225

‐996%

923

<GP ratio>

12.7%

13.0%

－＋0.3％

12.6%SG&A expenses

185

190

＋4103%

778

Operating income

4935‐1471%

145

Ordinary income

5339‐1473%

160

Profit attributable toowners of the parent

3422‐1166%

95@¥121.4@¥108.1

US$ Exchange rate(period average)@¥13.2 revaluation@108(Foreign exchange rate impact on16/06 net sales and operating income results)
Net sales: - ¥13.4 billion (approx.);Operating income:- ¥600million (approx.)

Copyright © 2016 NAGASE & CO., LTD.

2Net Sales by Region (Domestic, Overseas)■Lower sale in all regions overseas, mainly due to the impact of the strong yen
Domestic & Overseas Sales (100 millions of yen, %)Overseas Sales by Region (100 millions of yen, %)

1,000
900
800

Greater China

ASEANAmericas

Eourope

Other951
40
33

844

84

35
2970

(V:88%)(V:87%)(V:83%)

700

269
600

247
(V:92%)

500
400
300

522
200

461
(V:88%)

100015/06

Copyright © 2016 NAGASE & CO., LTD.

16/06

V:Vs 15/06

3

Net Sales: Two-Year Comparison (by Segment)■Functional Materials segment :lower, mainly due to slow domestic demand and a decline in sales of raw
materials for plastics■Advanced Materials & Processing segment :lower, mainly due to a drop in sales overseas caused bynaphtha price declines and the strong yen■Life & Healthcare segment posted higher ,mainly due to the strong performance of raw materials in the skin care andtoiletries industry
Net Sales by Segment (100 millions of yen)F ti
FunctionallM
Materialst i lAdAdvancedd Materials
M t i l & Processing
Pi

2,000

El t iElectronics

A t
Automotive
ti & EEnergy

Lif & Healthcare
LifeH lthOth
Other

1,851

1,800

1,733

209

213

1,600286
1,400

262

1,200,298298

1,000
800
649

586

600
400
200404

370

15/06

16/06

04Copyright © 2016 NAGASE & CO., LTD.

Operating income: Two-Year Comparison (by Segment)■ Gross profit lower (¥900(million decrease),) mainly due to decline in net sales■ Other/Corporate: Lower, mainly due posting ¥700 million in expenses related to retirement benefit accounting
actuarial losses (¥1 billion higher YoY)
Posted retirement benefit actuarial loss of ¥3¥3.1
1 billion occurred at end of prior period,period after revising the discount rate to*Posted
reflect low market interest rates(fully amortized this year)
Operating Income by Segment (100 millions of yen)

60

Functional Materials

Advanced Materials & Processing

Electronics

Automotive & EnergyLife & Healthcare

Other,
Other/Corporate
Corporate49
50

940

530

1535
122
1420

131210110‐10Copyright © 2016 NAGASE & CO., LTD.

-515/06

8- 15
16/06

5

Consolidated Balance Sheets■Decline in assets,, mainlyy due to a decrease in investments in securities and a contraction in workingg capitalp■Decline in net assets, mainly due to net unrealized holding gain on securities caused by the strong yen and a decrease ininvestments in securities caused by a decline in fair values
AssetsLiabilities and Net Assets

16/03
Total current assets
Cash and time deposits
Notes and accounts receivable
Inventories

16/06

3,123

16/03

Change3,004(100 millions of yen)

‐118

Notes and accounts payable‐58

Short-term loans

16/06

Change

1,561

1,574

＋13

978

960

‐17432

373

1,963

1,933

‐30
30

Current portion of bonds

341

325

‐1616629

606‐22Other－100＋10097

90

1,997

1,932

P
Property,t plantl t andd equipment
it664

Intangible fixed assets

445

Investments, other assets(Including current portion of long-term loans)‐7 Total long-term liabilities

241

189

‐52

‐64 Total current liabilities

768

647

‐120678＋14

B dBonds

231

222‐99436‐8Net defined benefit liability

300

200

‐100887

817

‐69

Other
(Deferred tax liabilities, etc.)

140

141

＋0

Investments in securities

813

754

‐59
59 Total liabilities

96

84‐1212Other74

63‐10 Total net assets

2,329

2,222

‐107

Shareholders’equity2,791

2,715

‐76

Accumulated other comprehensive income

2,346

2,348＋1

Net unrealized holding gain on securities

393

322

‐71Translation adjustment

370

347

‐23

Other
Total non-current assets

Total assets

5,1204,937

Other

44

‐9‐53

Non-controlling interests‐21‐16＋5Notes and accounts payable51

44‐75,1204,937‐183‐183 Total liabilities and net assets

6Copyright © 2016 NAGASE & CO., LTD.

http://www.nagase.co.jp

These presentation materials contain forward-looking projections based on assumptions,forecasts, and plans as of August 4, 2016. Actual earnings may differ from projections due toglobal economy,
y competitive landscape, currency
yrisks and uncertainties in the future gexchange rates, etc.
Copyright © 2016 NAGASE & CO., LTD.