12 May 2015
DETAILS
Summary of Consolidated Financial Report
for The Fiscal Year Ended March 31, 2015
Profit grows from 12 to 14.6 billion Yen (+15.87 %)
Main measures implemented in the current term
Chemicals & Plastics Segment
◆The nylon-based materials that were jointly developed with
Toyota Motor Corporation for use in
hydrogen tank liners of fuel-cell vehicles
were mounted on “MIRAI,”
the new fuel-cell vehicle launched by Toyota. (December 2014)
◆Ube Industries, Ltd established its Mexican company
“UBE Mexico S.de R.L. de C.V.” (January 2015)
◆Production capacity expansion of Nylon 6
at Ube Engineering Plastics, S.A., UBE’s subsidiary in Spain,
◆“LOTTE UBE Synthetic Rubber SDN. BHD.,”
a joint venture established with Lotte Chemical Corporation
and other local companies in Johor, Malaysia, in March 2013,
opened a manufacturing plant of synthetic rubber.
The plant is now in trial operation.
Specialty Chemicals & Products Segment
◆The second production facility of separators for
lithium-ion rechargeable batteries started operation
at the Sakai Factory. (December 2014)
◆Ube Industries, Ltd. acquired majority ownership of
Advanced Electrolyte Technologies LLC,
an overseas joint venture that was established
to manufacture electrolyte for lithium-ion rechargeable batteries
in Michigan, U.S., and that Ube and The Dow Chemical Company
respectively had had a 50% stake. (December 2014)
2015 Outlook
Forecast for the next Fiscal Year
(April 1, 2015 to March 31, 2016)
Looking into future economic conditions, Japanese economy
is expected to continue to be on a track to recovery,
but there is concern about downside risks
resulting from uncertainty about the future of economy of
the emerging countries represented by China,
shifts in economic and financial policies of the U.S. and
European countries, and fluctuation of raw material/fuel prices.
Therefore, our business environment would remain uncertain.
Considering the present economic condition and
on the assumption that the dollar-yen exchange rate
hovers at 120 yen /dollar, and the prices of domestic product
naphtha and Australian coal respectively at 52,000 yen per 1kl and
9,266 yen per ton from April 2015 through March 2016,
we forecast the earnings as follows.
We expect that consolidated sales will increase to 685.0 billion yen
thanks to revenue growth mainly resulting from
an increase in sales volumes in the Chemicals Segment.
Consolidated operating income is forecasted to increase
in comparison with the result of this fiscal year to 36.0 billion yen
because of earnings recovery in the Chemicals Segment.
Consolidated ordinary income and current profit attributable
to owners of the parent company are forecasted
to increase respectively to 32.0 billion yen and 17.0 billion yen.
VIEW FY2014 RESULTS FULL PRESENTATION
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