Significant Increase in Net Income
Net income attributable to owners of the parent was ¥107.8 billion, up 25.3% or ¥21.8 billion year-on-year.
Record Dividend Increase
The year-end dividend will be ¥76 per share, bringing the annual dividend to ¥152 per share, marking the 35th consecutive year of dividend increase.
Strong Performance in Chemical Business
Operating income in the Chemical business improved by ¥9.9 billion, posting a record high, aided by high value-added products and volume growth.
Gross Margin Improvement
Gross margin improved by 1.9 percentage points to 39.2% due to reformed earning power and structural reforms.
Earnings Power Reform Success
The effect of structural reforms was ¥28 billion, contributing greatly to the overall financial performance.