Notice of revision of consolidated performance forecast | 2020 | News | Asahi Kasei
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Notice of revision of consolidated performance forecast

February 9, 2021
Asahi Kasei Corp.

The consolidated performance forecast for fiscal 2020 (April 1, 2020 – March 31, 2021) announced on November 6, 2020, has been revised as shown below based on recent performance trends.

1. Revision of consolidated forecast

  Net sales
(¥ million)
Operating income
(¥ million)
Ordinary income
(¥ million)
Net income attributable to owners of the parent
(¥ million)
Net income
per share
(¥)
Previous forecast 2,034,000 140,000 142,000 87,000 62.70
Revised forecast 2,091,000 160,000 165,000 71,000 51.17
Increase (decrease) 57,000 20,000 23,000 (16,000)
Percent change +2.8% +14.3% +16.2% −18.4%
cf. fiscal 2019 2,151,646 177,264 184,008 103,931 74.85

2. Reason for revision

Net sales, operating income, and ordinary income are now expected to exceed the previous forecast with firm performance in each sector. Net income attributable to owners of the parent is now expected to fall short of the previous forecast due to the recording of a loss on fire at plant facilities in electronics operations, and income tax expenses being incurred in relation to capital reallocation among overseas subsidiaries in the Health Care sector.

  • Note:This forecast is based on the best information available at this time, but actual outcomes may differ due to a variety of factors which cannot be foreseen.