UBE Corporation · TSE:4208

UBE — Q1 FY2020 Earnings Presentation

24 slides from UBE's earnings presentation, Jul 31, 2020

  1. Slide 1: Financial Results for the 1st Quarter FY2020

    Financial Results for the 1st Quarter FY2020 Explanatory material July 31, 2020 1st Quarter: April – June

  2. Slide 2: FY2020 1st Quarter Consolidated Result

    FY2020 1st Quarter Consolidated Result 2

  3. Slide 3: Scope of Consolidation

    1st Quarter of the FY2020 Scope of Consolidation End of FY2020 End of FY2019 Difference Item 1Q Notes (A) (B) （B) - （A) Number of ＋Premium Composite consolidated 69 70 1 Technology North America subsidiaries Number of equity method 26 26 0 affiliates Total 95 96 1 3

  4. Slide 4: Environmental Factors: Naphtha Material Price

    1st Quarter of the FY2020 Environmental Factors FY2019 1Q FY2020 1Q Difference Item (A) (B) (B) - (A) Exchange Rate Yen/$ 109.9 107.6 (2.3) CIF $/ｔ 567 311 (256) Naphtha Domestic Yen/KL 45,500 25,300 (20,200) Material Price Benzene (ACP) $/ｔ 618 358 (260) Australian $/ｔ 106.3 76.0 (30.3) Coal (CIF)

  5. Slide 5: Major P/L Items

    1st Quarter of the FY2020 Major P/L Items (Billions of yen) FY2019 1Q FY2020 1Q Difference Percentage Item (A) (B) (B) - (A) change Net sales 165.0 136.1 (28.9) (17.5)% Operating profit (loss) 7.3 (0.6) (7.9) －% Ordinary profit (loss) 7.7 (1.2) (9.0) －% Profit (loss) attributable to 4.5 (1.3) (5.8)

  6. Slide 6: Net Sales and Operating Profit by Segment

    1st Quarter of the FY2020 Net Sales and Operating Profit by Segment (Billions of yen) Segment FY2019 1Q FY2020 1Q Difference (A) (B) (B) - (A) Chemicals 74.5 52.5 (21.9) Net sales Construction Materials 75.4 69.1 (6.2) Machinery 18.8 16.7 (2.1) Others 1.1 0.7 (0.4) Adjustment (4.9) (3.1) 1.8 y Total

  7. Slide 7: Analysis - Total

    1st Quarter of the FY2020 Analysis - Total (Billions of yen) Net Sales Difference of operating profit 200.0 (28.9) 165.0 Chemicals (21.9) Price ※1 (4.4) 136.1 Construction Materials (6.2) 合成ゴム 69.0 Machinery (2.1) 100.0 Others (0.4) Volume (4.9) Adjustment 1.8 カプロラクタム (6 0) 0.0 Fixed Cost FY2019 1Q

  8. Slide 8: Analysis - Chemicals

    1st Quarter of the FY2020 Analysis - Chemicals (Billions of yen) Net Sales Difference of operating profit (21.9) Price ※1 (5.5) Engineering Plastics & Fine Chemicals (12.2) Synthetic rubber (5.3) 合成ゴム 69.0 Specialty Products (2.7) Volume (3.3) Pharmaceutical (1.2) etc カプロラクタム (6 0) Fixed Cost (29.4)

  9. Slide 9: Analysis – Construction Materials

    1st Quarter of the FY2020 Analysis – Construction Materials (Billions of yen) Net Sales Difference of operating profit (6.2) Cement and Ready-mixed concrete (0.6) Construction materials and (3.0) Price ※1 1.3 Limestone related products 69.0 Coal (2.8) Power (0.3) Volume (1.6) etc (6 0) Fixed Cost (8

  10. Slide 10: Analysis - Machinery

    1st Quarter of the FY2020 Analysis - Machinery (Billions of yen) Net Sales Difference of operating profit (2.1) Price ※1 (0.2) 69.0 Volume (0.0) (6 0) Fixed Cost (11.5)% Decreased and Others ※2 0.0 Operating profit (loss) Total (0.2) (0.2) *1: Including both selling and purchase change *2: Including

  11. Slide 11: Operating Profit – Profit attributable to owners of parent

    1st Quarter of the FY2020 Operating Profit – Profit attributable to owners of parent (Billions of yen) FY2019 1Q FY2020 1Q Difference Item (A) (B) (B) - (A) Operating profit (loss) 7.3 (0.6) (7.9) Non-operating income (expenses) 0.4 (0.6) (1.0) Net interests expenses 0.4 0.2 (0.2) Share of profit of

  12. Slide 12: Consolidated Balance Sheet

    1st Quarter of the FY2020 Consolidated Balance Sheet (Billions of yen) End of FY2019 End of FY2020 1Q Difference Item (A) (B) (B) - (A) Current assets 303.9 296.9 (6.9) Fixed assets 423.1 427.8 4.7 Total assets 727.2 725.0 (2.2) Interest-bearing debt 190.7 202.1 11.4 Other liabilities 182.1 171.5 (1

  13. Slide 13: Consolidated Statements of Cash Flows

    1st Quarter of the FY2020 Consolidated Statements of Cash Flows (Billions of yen) Item FY2019 1Q FY2020 1Q Loss before income taxes (0.7) A.Cash flows from operating activities 15.5 18.1 Depreciation and amortization 9.0 Increase in working capital 10.1 etc. B.Cash flows from investing activities (1

  14. Slide 14: Reference

    Reference 14

  15. Slide 15: Analysis of Operating Profit by Segment

    Reference: 1st Quarter of the FY2020 Analysis of Operating Profit by Segment （Billions of yen） Operating profit (loss) Segment Fixed cost FY2019 1Q FY2020 1Q Difference Price Volume and others (A) (B) (B) - (A) *1 *2 Chemicals 4.6 (2.7) (7.4) (5.5) (3.3) 1.3 Construction Materials 2.3 1.9 (0.3) 1.3

  16. Slide 16: Progress of Major P/L Items

    Reference: 1st Quarter of the FY2020 Progress of Major P/L Items (Billions of yen) FY2019 (A) FY2020 (B) Difference (B) - (A) Item 1Q 1Q 1Q Progress Progress 165.0 136.1 Net sales 667.8 614.0 (53.8) (28.9) 24.7% 22.2% 7.3 (0.6) Operating profit (loss) 34.0 26.0 (8.0) (7.9) 21.5% ー% 7.7 (1.2) Ordinary

  17. Slide 17: Net Sales

    Reference: 1st Quarter of the FY2020 Net Sales (Billions of yen) FY2020 Full-year Segment Progress (Forecast) 1Q 2Q 3Q 4Q Total Chemicals 52.5 ー ー ー 52.5 260.0 20.2% Construction Materials 69.1 ー ー ー 69.1 290.0 23.9% Machinery 16.7 ー ー ー 16.7 79.0 21.2% Others 0.7 ー ー ー 0.7 3.0 23.9% Adjustment (3.1

  18. Slide 18: Operating Profit

    Reference: 1st Quarter of the FY2020 Operating Profit (Billions of yen) FY2020 Full-year Segment Progress (Forecast) 1Q 2Q 3Q 4Q Total Chemicals (2.7) ー ー ー (2.7) 9.5 －% Construction Materials 1.9 ー ー ー 1.9 13.5 14.4% Machinery 0.2 ー ー ー 0.2 3.5 7.1% Others 0.0 ー ー ー 0.0 0.5 8.6% Adjustment (0.1) ー

  19. Slide 19: 1Q on 4Q - Net Sales

    Reference: 1st Quarter of the FY2020 1Q on 4Q - Net Sales （Billions of yen） FY2019 FY2020 Difference Segment 4Q 1Q Major factors (A) (B) (B) - (A) Engineering Plastics & Fine Chemicals (11.3) Synthetic rubber (4.0) Chemicals 71.1 52.5 (18.5) Specialty Products (2.0) Pharmaceutical (1.0) etc. Cement

  20. Slide 20: 1Q on 4Q – Operating profit

    Reference: 1st Quarter of the FY2020 1Q on 4Q – Operating profit （Billions of yen） FY2019 FY2020 Difference Segment 4Q 1Q Major factors (A) (B) (B) - (A) Engineering Plastics & Fine Chemicals (4.2) Synthetic rubber (0.7) Chemicals 3.4 (2.7) (6.1) Specialty Products (0.3) Pharmaceutical (0.3) etc. Ce

  21. Slide 21: Consolidated Key Indicators

    Reference: 1st Quarter of the FY2020 Consolidated Key Indicators (Billions of yen) FY2020 full-year FY2019 Item FY2019 1Q FY2020 1Q (forecast) full-year Capital investment 5.6 10.8 47.0 47.6 Depreciation and amortization 9.0 9.0 37.0 36.8 Research and development expenses 3.2 2.7 14.0 12.8 Adjusted

  22. Slide 22: Consolidated Major Subsidiaries

    Reference: 1st Quarter of the FY2020 Consolidated Major Subsidiaries (Billions of yen) Difference of Net Sales operating Subsidiaries and affiliates Business profit from FY2020 1Q FY2019 1Q Manufacture and sales of nylon, caprolactam, ammonium sulfate and fine UBE Corporation Europe, S.A. Unipersona

  23. Slide 23: IR Calendar

    Reference: IR Calendar Announcement of 1st half Business Results  Announcement of 1st half Business Results • October 30, 15:30  Telephone Conference for 1st half Business Results • October 30, 18:15 (Note) This schedule is subject to change without notice due to circumstances. 23

  24. Slide 24: Forward-looking statements disclaimer

    This presentation material contains forward-looking statements concerning UBEʼs future plans, strategies, and performance. These forward-looking statements are not historical facts; rather, they represent assumptions and beliefs based on economic, financial, and competitive conditions currently obse

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