Five-year Summary
|
Fiscal Years (ended March 31)
|
| 2015 |
2016 |
2017 |
2018 |
2019 |
| Results of Operations (millions of yen) |
| Net sales |
809,684 |
753,736 |
743,028 |
822,858 |
861,456 |
| Operating income |
51,397 |
69,445 |
111,217 |
130,581 |
105,740 |
| Operating income ratio (%) |
6.3 |
9.2 |
15.0 |
15.9 |
12.3 |
| Net income attributable to owners of the parent company |
62,297 |
39,675 |
75,664 |
88,795 |
78,134 |
| R&D expenses |
12,877 |
13,743 |
14,370 |
15,502 |
16,644 |
| Capital expenditures |
33,149 |
27,924 |
37,756 |
39,494 |
64,830 |
| Depreciation and amortization |
32,789 |
31,788 |
29,976 |
29,756 |
31,309 |
| Cash Flows (millions of yen) |
|
|
|
|
|
| Cash flows from operating activities |
54,107 |
99,884 |
115,716 |
115,430 |
77,511 |
| Cash flows from investing activities |
-34,115 |
-27,917 |
-34,724 |
-43,129 |
-63,311 |
| Cash flows from financing activities |
-20,719 |
-50,827 |
-68,829 |
-51,745 |
-26,962 |
| Cash and cash equivalents at end of year |
55,740 |
74,869 |
85,460 |
106,179 |
92,095 |
| Financial Position (millions of yen) |
|
|
|
|
|
| Total assets |
760,227 |
733,139 |
778,746 |
845,748 |
878,194 |
| Total equity |
320,784 |
373,724 |
448,336 |
528,067 |
579,502 |
| Interest-bearing debt |
271,500 |
199,572 |
139,844 |
107,840 |
101,072 |
| Per Share Data (yen) |
|
|
|
|
|
| Net income per share |
207.94 |
125.22 |
233.12 |
273.49 |
240.62 |
| Total equity per share |
964.50 |
1048.46 |
1272.85 |
1,511.69 |
1,665.47 |
| Dividends per share* |
10.00 |
14.00 |
24.00 |
44.00 |
56.00 |
| Key Ratios |
|
|
|
|
|
| Return on equity (%) |
24.5 |
12.6 |
20.1 |
19.6 |
15.1 |
| Return on assets (%) |
8.2 |
5.4 |
9.7 |
10.9 |
9.1 |
| Total assets turnover (times) |
1.07 |
1.03 |
0.95 |
0.97 |
0.98 |
| Equity ratio (%) |
38.0 |
46.4 |
53.1 |
58.0 |
61.6 |
| Dividend payout ratio (%) |
9.6 |
22.4 |
20.6 |
20.5 |
23.3 |
| Debt-to-equity ratio (%) |
152.1 |
105.7 |
80.0 |
64.7 |
55.2 |
| Number of employees (consolidated) |
11,594 |
12,037 |
12,292 |
12,595 |
12,955 |
| Stock Indicators |
|
|
|
|
|
| Stock price (closing), end of year (yen) |
606 |
473 |
978 |
2,088 |
1,721 |
| Market capitalization (millions of yen) |
364,304 |
307,527 |
635,858 |
678,769 |
559,464 |
| Price earnings ratio (times) |
5.8 |
7.6 |
8.4 |
7.6 |
7.2 |
| Price book-value ratio (times) |
1.3 |
0.9 |
1.5 |
1.4 |
1.0 |
Note: "Partial Amendments to" Accounting Standard for Tax Effect Accounting "(ASBJ Statement No. 28, February 16, 2018) was applied from the beginning of the fiscal year ended on March 31, 2019. These partial amendments have been retroactively applied to the previous fiscal years.
*Share Consolidation
Effective from October 1, 2017, Tosoh Corporation consolidated its common shares at the ratio of one share for two shares. Net income per share is calculated based on the assumption that the consolidation was implemented at the beginning of the fiscal year ended March 31, 2014.
Net income per share is computed based upon the weighted average number of shares of common stock outstanding during the period.
Diluted net income per share reflects the potential dilution that could occur if stock options were fully exercised.
Cash dividends per share presented in the accompanying consolidated statement of income are dividends applicable to the respective years, including dividends to be paid after the end of the year.
Download Tosoh's fiscal 2019 audited financial statements » (PDF)
Download Tosoh's fiscal 2019 consolidated results release » (PDF)