Forecasts of operational performance, as well as future predictions described in this document, were prepared based on information available as of the day on which this document was released. This document in no way guarantees the condition and operational performance of the company in the future.
Contents
Ⅰ FY2022 2Q Financial Results Summary
P. 2
Ⅱ Progress on Medium-Term Management Plan
P.15
Ⅲ Appendix
P.33
CHORI CO., LTD.
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FY2022 2Q Financial Results Summary
CHORI CO., LTD.
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FY2022 2Q Financial Results Summary
Key Points of the Summary
POINT
Final year of the Medium-Term Management Plan "Chori Innovation Plan 2022 (CIP2022)"
・Steady progress to our new stage, "consistently deliver ordinary profit at the ¥10.0 billion level."
Business
results summary
Financial
base
Topics
Increased sales and profit YoY significantly
・Ordinary profit in FY2022 2Q was ¥7.4 billion and net profit attributable to owners of parent was ¥4.8 billion, hitting new record highs.
・Increased sales across all segments. The Chemicals segment was the driving force. Cf. ROA (ordinary profit basis): 10.4%, ROE (net profit basis): 14.0%
Equity-to-assetratio: 47.5% Maintained at a high level
On June 16, 2022, made disclosures based on the recommendations of the Task Force on Climate- related Financial Disclosures (TCFD) and are promoting measures.
Company-widebusiness transformation project (Chori's new mission-critical system implementation project planned to be launched in October 2024, called CARAT): Business Design Phase started.
CHORI CO., LTD.
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FY2022 2Q Financial Results Summary
Business Results Breakdown (YoY Comparison)
POINT
Global economic activity advanced further toward stabilization, premised on an era of living alongside COVID-19.
In contrast, financial authorities in various countries restricted finances and raised interest rates. There are concerns about a recession.
Sales and profits largely increased with a focus on the Chemicals business which continued to be favorable from the previous period.
Unit: billions of yen
FY2021
FY2022
Difference
Ratio
Apr.-Sep.
Apr.-Sep.
Net sales
130.0
168.5
+38.4
+29.6%
Gross profit
14.3
18.7
+4.4
+30.7%
Selling, general and administrative expenses
9.5
11.9
+2.4
+25.7%
Operating profit
4.8
6.8
+2.0
+40.5%
Ordinary profit
5.3
7.4
+2.1
+40.1%
Net profit attributable to owners of parent
4.0
4.8
+0.8
+20.1%
CHORI CO., LTD.
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Chori Co. Ltd. published this content on 13 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2022 08:24:05 UTC.
CHORI CO., LTD. operates in three business segments. The Textile segment provides chemical fibers, natural fibers, cotton, original yarn, fabrics, silk, textiles and industrial materials. The Chemical Products segment offers organic and inorganic chemical products, precision chemicals, pharmaceutical materials, additives of food and feed, as well as natural mineral products. The Machinery segment provides vehicles and machines, as well as related materials. The others segment is involved in the office outsourcing business.
CHORI CO., LTD. 
