Notice of revision of consolidated performance forecast
February 7, 2019
Asahi Kasei Corp.
Asahi Kasei Corp.
The consolidated performance forecast for fiscal 2018 (April 1, 2018 – March 31, 2019) announced on November 2, 2018, 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 | 2,210,000 | 210,000 | 222,000 | 160,000 | 114.60 |
Revised forecast | 2,171,000 | 201,000 | 209,000 | 145,000 | 103.86 |
Decrease | (39,000) | (9,000) | (13,000) | (15,000) | |
Percent change | −1.8% | −4.3% | −5.9% | −9.4% | |
cf. fiscal 2017 | 2,042,216 | 198,475 | 212,544 | 170,248 | 121.93 |
2.Reason for revision
Net sales, operating income, and ordinary income are expected to be lower than the previous forecast with impacts from an economic slowdown in China and a fall in market prices centering on acrylonitrile in the chemicals business. Net income attributable to owners of the parent is expected to be lower than the previous forecast due to a reconsideration of prospects for gain on sales of investment securities.