Consolidated Financial Results of FY2022 (From April 1, 2022 to March 31, 2023)
Review of the FY2020-2022Medium-Term Management Plan
Vision for 2030
2. FY2023-2025Medium-Term Management Plan
(C)2023 Toho Titanium Co., Ltd.
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1. FY2022 Consolidated Results
(C)2023 Toho Titanium Co., Ltd.
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FY2022 Consolidated Results
(In billions of JPY)
FY2022
FY2021
(From April 1, 2022
(From April 1, 2021
Change
to March 31, 2023)
to March 31, 2022)
Net sales
80.4
55.5
(〇)24.8
Operating income
10.7
5.2
(〇) 5.5
Ordinary income
10.5
5.2
(〇) 5.4
Net income
7.5
3.7
(〇) 3.8
Average Exchange
134.9
111.7
Rate(¥/$)
(133.5¥/$ at the end of
(122.4¥/$ at the end of
the period)
the period)
Dividend per share(in JPY)
30.00
15.00
Net sales
Operating
Results
■ Net sales reached a record high, up 44.7% YoY (+¥24.83 billion), mainly due to increased demand in the titanium metal business. Sales in the Catalysts and Chemicals business were on par with the previous fiscal year.
■ Operating profit: Up 104.5% YoY (+¥5.46 billion). Profit increased in the titanium business and the catalyst business, despite a decline in profits in the chemicals business.
■ Recurring profit: Up 103.4% YoY (+¥5.35 billion).
■ Net income: Up 103.0% YoY (+¥3.8 billion).
(C)2023 Toho Titanium Co., Ltd.
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FY2022 Net Sales and Operating Income by Segment
(In billions of JPY)
Net sales
FY2022
FY2022
FY2022
FY2021
Change
First half
Second half
Full year
Full year
Titanium Metal
26.7
27.7
54.4
31.4
(〇) 23.0
Catalysts
4.4
4.4
8.8
8.3
(〇) 0.5
Chemicals
7.8
9.3
17.2
15.8
(〇) 1.4
Total
38.9
41.5
80.4
55.5
(〇) 24.8
Operating income
FY2022
FY2022
FY2022
FY2021
Change
First half
Second half
Full year
Full year
Titanium Metal
3.5
3.0
6.5
-0.3
(〇) 6.8
Catalysts
1.6
1.2
2.9
2.8
(〇) 0.0
Chemicals
1.3
1.3
2.6
3.7
(×) 1.1
Common Costs and
Expenses
-0.6
-0.7
-1.3
-1.0
(×) 0.3
Not Allocated to the
Segments
Total
5.8
4.9
10.7
5.2
(〇) 5.5
5
(C)2023 Toho Titanium Co., Ltd.
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Toho Titanium Co. Ltd. published this content on 22 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 May 2023 10:29:02 UTC.
TOHO TITANIUM COMPANY, LIMITED is a Japan-based company mainly engaged in the metallic titanium business. The Company operates through two business segments. The Metallic Titanium segment is engaged in manufacture of sponge titanium, titanium ingot and high purity titanium. The Functional Chemicals segment is engaged in the manufacture of propylene polymerization catalysts, ultrafine nickel, high-purity titanium oxide, and other products.
TOHO TITANIUM CO., LTD. 
