Press Releases

Fiscal 1999

May 21, 1999
Asahi Chemical Industry Co., Ltd.

Consolidated Results for the Fiscal Year Ended March 31, 1999

(Unit: Millions of Yen)
Financial Highlights
Statements of Income
Mar. 1998
Mar. 1999
Mar. 2000
(Estimated)

Net Sales 1,281,675 1,171,845 1,200,000
Operating Profit 62,814 51,236  
Ordinary Profit 56,271 42,442 74,000
Net Income 20,808 17,392 21,000
Net Income per Share (yen) 14.43 12.06  
Cash Dividend per Share (yen) 3.00 3.00  
 
Balance Sheets
Mar. 1998
Mar. 1999

 
Total Assets 1,206,871 1,185,249
Shareholders’ Equity 455,249 464,338
Shareholders’ Equity/Total Assets 37.7% 39.2%
 
Net Sales by Segment
Mar. 1998*
Mar. 1999

 
Chemicals and Plastics 400,420 375,048
Housing and Construction Materials 425,553 372,649
Fibers and Textiles 181,542 148,277
Special Products and Services 274,160 275,871
* Segments realigned for comparison purposes.

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