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Financial Results Presentation4634artience Co.,Ltd.Materials and Chemicals

Materials for the Fiscal 2024 Earnings Briefing

In fiscal 2024, revenue and operating profit increased year on year due to the expansion of overseas growth businesses, price revisions and cost reductions. For fiscal 2025, the company plans higher revenue and earnings, while forecasting lower net income due to the reversal of gains on the sale of investment securities and other items. The business-specific targets in the medium-term plan were also reorganized.

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Contents of this document

Financial Results PresentationFull fiscal year ended December 202410 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,511 Hundreds of millions of yen+9.0%
Operating profit204 Hundreds of millions of yen+52.7%
Ordinary income210 Hundreds of millions of yen+63.1%
Net income¥185 100 million +90.4%net income attributable to owners of the parent
Gross Profit Margin21.3%
Operating profit margin5.8%
Selling, general and administrative expenses542 Hundreds of millions of yen
Results for the three months of the current quarter
Net Sales
909 Hundreds of millions of yen
Operating profit
46 Hundreds of millions of yen
Ordinary income
60 Hundreds of millions of yen
Profit attributable to owners of parent for the quarter
59 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
3,700 Hundreds of millions of yen
Operating profit
220 Hundreds of millions of yen
Ordinary income
210 Hundreds of millions of yen
Profit attributable to owners of the parent
175 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
2024年度営業利益
Higher expenses-52
Revenue growth61
Price revisions11
Cost reductions32
Foreign Exchange Fluctuations7
2025年度営業利益見通し
Higher expenses-50
Revenue growth56
Price revisions10
Cost reductions30
Raw Material Prices-30
Foreign Exchange Fluctuations0
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
1USD
¥150
1EUR
¥155
1RMB
¥21
Naphtha
¥70,000 /KL
New initiatives
  • インドの粘着剤生産能力の追加投資を検討
  • LiB用CNT分散体の北米新工場を建設
  • 負極用・LMFP用・全固体電池向け材料の開発
  • 半導体向け材料の開発・ポリマーパイロット棟での新規樹脂開発加速
  • 再生可能エネルギー由来電力・太陽光発電設備の導入拡大
  • Company-wide adoption of ROIC as a performance metric
  • 自己株式取得と消却、保有株式の縮減
Key KPIsA metric the company considers important as a management benchmark.
Overseas revenue ratio
55.4 %
Year on year against the same period last year+1.7%
ROE
7.3 %
Year on year against the same period last year+3.1%
LiB用CNT分散体売上高
36 Hundreds of millions of yen
UVインキ売上比率
63 %海外
脱炭素ロードマップカバー率
87 %CO2排出量ベース
Year on year against the same period last year+27.0%
Segment results
Colorants and Functional Materials
Net Sales
861 Hundreds of millions of yen
Operating profit
34 Hundreds of millions of yen
Year-on-Year Change in Revenue (%)6.2
Operating profit year-on-year_pct25.3
Polymers and coating
Net Sales
885 Hundreds of millions of yen
Operating profit
72 Hundreds of millions of yen
Year-on-Year Change in Revenue (%)13.9
Operating profit year-on-year_pct36
Package
Net Sales
915 Hundreds of millions of yen
Operating profit
54 Hundreds of millions of yen
Year-on-Year Change in Revenue (%)8.6
Operating profit year-on-year_pct47.6
Printing and information
Net Sales
833 Hundreds of millions of yen
Operating profit
49 Hundreds of millions of yen
Year-on-Year Change in Revenue (%)7.9
Operating profit year-on-year_pct105.8
Medium-term management plan targets
2026
Net Sales
4,000 Hundreds of millions of yen
Operating profit
250 Hundreds of millions of yen
Operating profit margin
6.3 %
Net income for the current fiscal year
190 Hundreds of millions of yen
ROE
At least 8.0%
2029
Net Sales
5,000 Hundreds of millions of yen
ROE
At least 10.0%
Financial targets
ROE
Fiscal 2024 results7.3%
2026 targetAt least 8.0%
2029 targetAt least 10.0%
Equity ratio
55.4 %
Debt-to-equity ratio
0.39 times
Capital expenditures
184 億円2024年度実績、検収ベース
Annual Dividend
¥100 per share
Interim50
End of period50
Acquisition of treasury shares
Buyback limit450万株または100億円上限
Acquisition period2024年8月13日～2025年8月12日
Fiscal 2024 results75 Hundreds of millions of yen
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFull fiscal year ended December 2024
Net Sales3,511 Hundreds of millions of yen (YoY +9.0%)
Operating profit204 Hundreds of millions of yen (YoY +52.7%)
Ordinary income210 Hundreds of millions of yen (YoY +63.1%)
Net income¥185 100 million (net income attributable to owners of the parent) (YoY +90.4%)
Gross Profit Margin21.3%
Operating profit margin5.8%
Selling, general and administrative expenses542 Hundreds of millions of yen
Results for the three months of the current quarterNet Sales 909 Hundreds of millions of yen / Operating profit 46 Hundreds of millions of yen / Ordinary income 60 Hundreds of millions of yen / Profit attributable to owners of parent for the quarter 59 Hundreds of millions of yen
Full-year earnings forecastNet Sales 3,700 Hundreds of millions of yen / Operating profit 220 Hundreds of millions of yen / Ordinary income 210 Hundreds of millions of yen / Profit attributable to owners of the parent 175 Hundreds of millions of yen
Segment resultsColorants and Functional Materials Net Sales 861 Hundreds of millions of yen / Operating profit 34 Hundreds of millions of yen / Year-on-Year Change in Revenue (%) 6.2 / Operating profit year-on-year_pct 25.3 / Polymers and coating Net Sales 885 Hundreds of millions of yen / Operating profit 72 Hundreds of millions of yen / Year-on-Year Change in Revenue (%) 13.9 / Operating profit year-on-year_pct 36 / Package Net Sales 915 Hundreds of millions of yen / Operating profit 54 Hundreds of millions of yen / Year-on-Year Change in Revenue (%) 8.6 / Operating profit year-on-year_pct 47.6 / Printing and information Net Sales 833 Hundreds of millions of yen / Operating profit 49 Hundreds of millions of yen / Year-on-Year Change in Revenue (%) 7.9 / Operating profit year-on-year_pct 105.8
Breakdown of Factors Affecting the Change2024年度営業利益 Higher expenses -52 / Revenue growth 61 / Price revisions 11 / Cost reductions 32 / Foreign Exchange Fluctuations 7 / 2025年度営業利益見通し Higher expenses -50 / Revenue growth 56 / Price revisions 10 / Cost reductions 30 / Raw Material Prices -30 / Foreign Exchange Fluctuations 0
Key KPIsOverseas revenue ratio 55.4 % / ROE 7.3 % / LiB用CNT分散体売上高 36 Hundreds of millions of yen / UVインキ売上比率 63 %（海外） / 脱炭素ロードマップカバー率 87 %（CO2排出量ベース）
Assumptions Underlying the Business Outlook1USD ¥150 / 1EUR ¥155 / 1RMB ¥21 / Naphtha ¥70,000 /KL
Medium-term management plan targets2026 Net Sales 4,000 Hundreds of millions of yen / Operating profit 250 Hundreds of millions of yen / Operating profit margin 6.3 % / Net income for the current fiscal year 190 Hundreds of millions of yen / ROE At least 8.0% / 2029 Net Sales 5,000 Hundreds of millions of yen / ROE At least 10.0%
Financial targetsROE Fiscal 2024 results 7.3% / 2026 target At least 8.0% / 2029 target At least 10.0% / Equity ratio 55.4 % / Debt-to-equity ratio 0.39 times
Annual Dividend¥100 per share
Acquisition of treasury sharesBuyback limit 450万株または100億円上限 / Acquisition period 2024年8月13日～2025年8月12日 / Fiscal 2024 results 75 Hundreds of millions of yen
Capital expenditures184 億円（2024年度実績、検収ベース）
New initiativesインドの粘着剤生産能力の追加投資を検討, LiB用CNT分散体の北米新工場を建設, 負極用・LMFP用・全固体電池向け材料の開発, 半導体向け材料の開発・ポリマーパイロット棟での新規樹脂開発加速, 再生可能エネルギー由来電力・太陽光発電設備の導入拡大, Company-wide adoption of ROIC as a performance metric, 自己株式取得と消却、保有株式の縮減
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

2024年度は、海外拠点の設備増強や販売強化による包装関連など成長事業の拡大、国内での原材料高騰に対する価格改定・コストダウン、国内印刷・情報事業の構造改革が増収増益に寄与した。純利益は投資有価証券売却益やトルコの投資優遇税制による税負担減が押し上げた。2025年度は、インド・東南アジアを中心とする包装関連材料の拡大を見込む一方、原材料・人件費・物流費などの上昇、LiB用CNT分散体の需要回復の遅れ、投資有価証券売却益の反動などを織り込んでいる。

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Materials for the Fiscal 2024 Earnings Briefing | artience Co.,Ltd. (4634) timely disclosure | Komori