FY2019 Business Performance
In the Environmental Protection segment, sales were weak due to the continued stagnation of the polymer flocculants market and a lack of increase in sales of cationic monomer, the raw material used to make polymer flocculants.
In the Construction segment, sales were weak. This was because domestic sales of raw materials for building sealants were weak despite increased overseas sales of the materials, and because sales of raw materials for polyurethane foams mainly used in furniture and heat insulating materials were also weak. As a result, total net sales in this segment decreased by 9.3% year on year, to ¥16,567 million. Operating profit was ¥1,166 million (a decrease of 9.8% year on year).