Tokuyama : Presentation for the First Quarter Fiscal 2022
July 26, 2022 at 08:12 pm EDT
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Q1 Fiscal 2022 - Apr 1, 2022 to Jun 30, 2022-
Presentation for IR Meeting
July 27, 2022
Key points of the first quarter of fiscal 2022
Despite higher sales by revision of sales prices of products such as chemicals, cement, and semiconductor-related products, earnings decreased as a result of increase in logistics expenses as well as upswings in fuel and raw material prices
Raw material and fuel price level trends in excess of expectations; Ongoing focus on efforts to achieve full fiscal year performance forecasts for fiscal 2022 by taking such measures as the adjustment of sales prices
Steady implementation of growth strategies aimed at transforming the business portfolio, a cornerstone of the Medium-Term Management Plan 2025, including IC Chemicals Business expansion through Taiwan-based Formosa Tokuyama Advanced Chemicals Co., Ltd. (FTAC) and STAC Co., Ltd. (STAC) in South Korea as well as silica production capacity expansion at Tokuyama Chemical (Zhejiang) Co., Ltd. in China
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Tokuyama Corporation published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 00:11:06 UTC.
Tokuyama Corporation specializes in manufacturing and marketing chemical products. Net sales break down by family of products as follows:
- staple chemical products (28%): primarily caustic soda, sodium chlorite, calcium chloride, polyvinyl chloride, polypropylene and methylene;
- fine chemistry products (14.6%): primarily for the manufacturing of packaging, dental care equipments and clinical analysis systems;
- specialty chemical products (15.1%): detergents, emulsifiers, additives, chemical intermediates, etc.;
- other (12.5%).
The remaining sales (29.8%) are from the cement production activity.
At the end of march 2021, the group had 10 production sites located in Japan (2) and Asia (8).
Net sales are distributed geographically as follows: Japan (78.9%), Asia (17.1%) and other (4%).
TOKUYAMA CORPORATION 
