Asahi Kasei Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2013. For the year, on consolidated basis, the company reported net sales of JPY 1,666,640 million compared to JPY 1,573,230 million a year ago. Operating income was JPY 91,960 million compared to JPY 104,258 million a year ago. Ordinary income was JPY 95,125 million compared to JPY 107,567 million a year ago. Net income was JPY 53,712 million compared to JPY 55,766 million a year ago. Net income per share was JPY 38.43 compared to JPY 39.89 a year ago. Cash flows from operating activities were JPY 126,008 million compared to JPY 141,260 million a year ago. Income before income taxes was JPY 82,302 million compared to JPY 94,866 million a year ago. Purchase of property, plant and equipment was JPY 88,194 million compared to JPY 67,435 million a year ago. Purchase of intangible assets was JPY 15,789 million compared to JPY 9,224 million a year ago. For the year, on non-consolidated basis, the company reported revenue of JPY 29,827 million compared to JPY 59,528 million a year ago. Operating income was JPY 19,420 million compared to JPY 42,259 million a year ago. Ordinary income was JPY 20,635 million compared to JPY 43,760 million a year ago. Net income was JPY 20,607 million compared to JPY 44,864 million a year ago. Net income per share was JPY 14.74 compared to JPY 32.09 a year ago. The company provided earnings guidance for the six months of fiscal 2013 and year ending March 31, 2014. For the six months of fiscal 2013, the company expects net sales of JPY 912,000 million, operating income of JPY 59,000 million, ordinary income of JPY 57,500 million and net income of JPY 32,500 million or net income per share of JPY 23.25. For the year ending March 31, 2014, the company expects net sales of JPY 1,891,000 million, operating income of JPY 130,000 million, ordinary income of JPY 130,000 million and net income of JPY 77,000 million or net income per share of JPY 55.09. The company declared a year end dividend of JPY 7.00 per share for the year ended March 31, 2013 compared to JPY 7.00 per share a year ago. The company provided dividend guidance for the year ending March 31, 2014. For the six months of fiscal 2013, the company expects to pay a dividend of JPY 7.00 per share compared to JPY 7.00 per share a year ago. For the year ending March 31, 2014, the company expects to pay a year end dividend of JPY 7.00 per share compared to JPY 7.00 per share a year ago.

Asahi Kasei Corporation, 2012 Earnings Call, May 09, 2013

Asahi Kasei Corporation announced that they will report fiscal year 2013 results on May 09, 2013