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Valve and Piping Systems Business Segment
<Thermoplastic valves, piping, pipe fittings and engineering businesses, etc.>
● Promotion of sales activities in which we endeavored to be helpful to our customers by
developing the products about which we pursued solution of the corrosion problems and
the functionality of plastic piping materials.
・ In the sales of primary products including thermoplastic valves, the supply-demand
balance was improving, as capital investment, which had been brisk, turned
apparently to be calming.
・ Overseas, demand related to semiconductor factory construction remained firm in tone,
although it was gradually calming in the U.S.
・ The engineering business that makes use of the thermoplastic piping materials and
others also remained strong.
・ As a result, the segment saw an increase in sales over the preceding fiscal year.
<Dymatrix products to be used in semiconductor-manufacturing equipment>
● Contribution to the increase in sophistication of semiconductors through development
of miniature precision valves that correspond to the increasing sophistication of the
semiconductor manufacturing process.
・ Sales of Dymatrix products to be used in semiconductor-manufacturing equipment
were adversely affected by the continuously stagnant demand in Korea along with the
slowed investment in China resulting from the friction between the U.S. and China.
・ As a result, segmental sales posted a decrease from the preceding year.
<Concerning the profits>
・ In the face of the adverse effects of increased personnel expenses and higher raw
material prices, profits turned out to be greater than in the preceding year, due to the
favorable effects of the yen’s depreciation in addition to the increase in sales mainly
in overseas.
| Sales |
43.71 billion yen |
Up 22.4% year-on-year |
| Operating profit |
10.98 billion yen |
Up 40.0% year-on-year |
| Operating profit margin |
25.1% |
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Resin Business Segment
<Products for foundry materials>
● Endeavors to be helpful to our customers through making proposals concerning products
most suitable for diversified casting processes, in relation to the manufacturing of
castings which are necessary for automobiles, construction machines and others.
・ We aggressively made proposals to our existing customers which should lead to the
improvement of product quality and the increase in productivity, along with the
improvement of work environment by reducing the smell. We also carried out aggressive
sales activity for new customers.
・ The number of automobiles produced was on a firm note.
As a result, sales posted an increase over the preceding year.
<Foaming material products>
● Provision of safety and security to our customers by, in addition to the easiness of
application of the foaming material products, endeavoring to further raise the quality
of products after being sprayed.
・ We endeavored to receive orders related to large-scale projects in connection with the
redevelopment programs in Kanto and Kansai areas with much success.
・ With regard to the materials used in civil engineering work, we actively made
proposals to our customers concerning the products as well as methods of construction
that are most suitable for respective construction sites.
As a result, sales posted an increase over the preceding year.
<Electronics material products>
● Contribution to the increase of sophistication of semiconductors by pursuing
development of the low-metal refinement technology for electronics materials, which is
essential in manufacturing semiconductor devices.
・ Although the business was adversely affected by the stagnant demand for semiconductor
devices and the inventory adjustment carried out by purchasing parties, it is now
expected to touch bottom soon.
As a result, sales posted a moderate increase over the preceding year.
<Concerning the profits>
・ The electronics material products proved to be less profitable, though it has turned
toward recovery, due to unfavorable factors in the first half; however, the profits
derived from the entire resin business segment were greater than in the preceding year,
thanks to the contribution by the products for foundry materials and the foaming
material products.
| Sales |
16.75 billion yen |
Up 10.8% year-on-year |
| Operating profit |
1.24 billion yen |
Up 185.1% year-on-year |
| Operating profit margin |
7.4% |
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Water Treatment & Natural Resources Development Business Segment
<Water treatment business>
● Implementation of designing and construction of water treatment facilities to meet our
customers’ needs as well as water regeneration systems which are intended to efficiently
use water resources.
・ In both the government-office and private construction projects, the number of
construction completes increased steadily and construction made steady
progress.
As a result, sales posted an increase over the preceding year.
<Natural resources development business>
● Contribution to the efficient use of resources by excavating steam wells for
geothermal power generation as well as engaging in construction for development of
thermal springs.
・ Although thermal spring development projects made steady progress, projects of
geothermal power excavation were delayed.
As a result, sales posted a decrease from the preceding year.
<Maintenance and management service business as chemical business>
● Provision of services for stable operation of facilities and equipment, as well as the
chemicals for water treatment.
・ In the maintenance service section, maintenance/management as well as repairing
projects made progress as scheduled.
・ In the environmental chemical business, an increase was posted in the volume of
products shipped.
As a result, sales posted an increase over the preceding year.
<Concerning the profits>
・ Due to the increases in sales derived from government-office and private construction
and thermal spring construction projects in the water treatment business as well as
those derived from the environmental chemical business, profits were greater than in the
preceding year.
| Sales |
5.63 billion yen |
Up 1.7% year-on-year |
| Operating profit |
0.28 billion yen |
Up 95.4% year-on-year |
| Operating profit margin |
4.9% |
It is our intention that we will continue endeavoring to create added value by concentrating our
energy in promoting digital transformation in our operation and in fostering human resources,
aiming at sustainable growth of the Asahi Yukizai group.
We would highly appreciate it if our shareholders continue to believe in the growth of Asahi
Yukizai group in the future and extend a continuous support and guidance to us.
