Japan Chemical Trading Blog

The latest chemical trading industry insights from Japan, Asia and the world, reported by the President of Daishin Corporation, Masa Oguchi.

Financial Results of Chemical Companies in Japan

All of the major 6 chemical companies recorded sales increases in the previous fiscal year ended March 31, 2014 compared with the second previous fiscal year. Sales and operating profit of each company are as follows:

 

 Shin-Etsu ChemicalAsahi Kasei Sumitomo ChemicalMitsubishi Chemical HDTosohMitsui Chemicals
Sales Q1 USD2.71BUSD4.30BUSD5.16BUSD7.81BUSD1.75BUSD3.63B
Sales Q2USD3.01BUSD4.89BUSD5.35BUSD8.30BUSD1.91BUSD3.69B
Sales Q3USD3.00BUSD4.71BUSD5.56BUSD8.70BUSD1.95BUSD3.77B
Sales Q4USD2.94BUSD5.08BUSD6.38BUSD10.17BUSD2.12BUSD4.57B
Sales Total USD11.66BUSD18.98BUSD22.44BUSD34.99BUSD7.72BUSD15.66B
Profit Q1USD455MUSD283MUSD246MUSD235MUSD66MUSD93M
Profit Q2USD466MUSD459MUSD217MUSD278MUSD116MUSD17M
Profit Q3USD427MUSD355MUSD249MUSD364MUSD106MUSD41M
Profit Q4USD388MUSD335MUSD296MUSD266MUSD126MUSD98M
Profit Total USD1,738MUSD1,433MUSD1,008MUSD1,104MUSD415MUSD249M

Sources: Website of each company

Remarks:

1) Calculated by using exchnage rate of USD1.00=JPY100
2) Profit is operating profit before interest and taxes.
3) Fisical Year from April 2013 to March 2014
Q1 = from April 2013 to June 2013
Q2 = from July 2013 to September 2013
Q3 = from October 2013 to December 2013
Q4 = from January 2014 to March 2014

Financial Results of Chemical Companies in Japan

All of the major 6 chemical companies recorded sales increases in the previous fiscal year ended March 31, 2014 compared with the second previous fiscal year. Sales and operating profit of each company are as follows:

 

 Shin-Etsu ChemicalAsahi Kasei Sumitomo ChemicalMitsubishi Chemical HDTosohMitsui Chemicals
Sales Q1 USD2.71BUSD4.30BUSD5.16BUSD7.81BUSD1.75BUSD3.63B
Sales Q2USD3.01BUSD4.89BUSD5.35BUSD8.30BUSD1.91BUSD3.69B
Sales Q3USD3.00BUSD4.71BUSD5.56BUSD8.70BUSD1.95BUSD3.77B
Sales Q4USD2.94BUSD5.08BUSD6.38BUSD10.17BUSD2.12BUSD4.57B
Sales Total USD11.66BUSD18.98BUSD22.44BUSD34.99BUSD7.72BUSD15.66B
Profit Q1USD455MUSD283MUSD246MUSD235MUSD66MUSD93M
Profit Q2USD466MUSD459MUSD217MUSD278MUSD116MUSD17M
Profit Q3USD427MUSD355MUSD249MUSD364MUSD106MUSD41M
Profit Q4USD388MUSD335MUSD296MUSD266MUSD126MUSD98M
Profit Total USD1,738MUSD1,433MUSD1,008MUSD1,104MUSD415MUSD249M

Sources: Website of each company

Remarks:

1) Calculated by using exchnage rate of USD1.00=JPY100
2) Profit is operating profit before interest and taxes.
3) Fisical Year from April 2013 to March 2014
Q1 = from April 2013 to June 2013
Q2 = from July 2013 to September 2013
Q3 = from October 2013 to December 2013
Q4 = from January 2014 to March 2014