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最后更新日期:10月. 31, 2022

(2022年10月27日)

Presentation of Financial Results Progress under Management Plan for the 2Q of FY2022

关于HPP公司

Q
Conditions in the smartphone, semiconductor, and related markets are expected to remain harsh. 在这样的背景下, what is the background and factors behind your forecast of a recovery in the 电子产品 field from the 3Q?
A

尽管第二季度的下滑幅度大于预期, 10月底,逐渐复苏的迹象开始显现. Our outlook toward market conditions from the 3Q is not based on a rose-colored glasses approach. 在制定预测时, we have factored in an increase in sales owing to fluctuations in foreign currency exchange rates. One positive factor despite the specter of difficult market conditions is the new application of such products as heat release materials and tapes in the Non- LCD field.

Q
While automobile production in the 3Q is expected to remain flat compared with the previous year, 你对第四季度的预测是同比增长. 你对层间膜的发展趋势有何看法?
A

今年第一季度,汽车中间层薄膜的销售大幅下滑. 在第二季度复苏之后, 预计第三季度的整体增长将超过去年. The year-on-year volume of high-performance interlayer film sales is anticipated to come in at 113% in the 3Q and 109% in the 4Q. We have also factored in a year-on-year increase of more than 115% in HUD films for the full fiscal year on a sales volume basis.

Q
LNG价格飙升是否会影响HPP公司在欧洲的业务? Will LNG price trends also affect the profitability of interlayer films for HUDs?
A

(Shimizu)主要是层间膜在欧洲将受到成本较高的影响. 从顾客的角度出发,十大赌博娱乐平台修改了价格. 十大赌博娱乐平台预计影响将在第四季度主要显现.

  • *HPP公司:高性能塑料公司
Q
As far as aircraft-related businesses are concerned, aircraft manufacturers in the U.S. 降低了某些产品的供应预期. Will this have an impact on SEKISUI AEROSPACE CORPORATION (HPP Company) or SEKISUI KYDEX LLC. (UIEP公司)?
A

(Kato) Taking a hard look at the production rates of aircraft manufacturers from the start, SEKISUI AEROSPACE CORPORATION is showing signs of a modest recovery in the 2H. 同时考虑到从COVID-19中恢复的情况, SEKISUI KYDEX LLC is experiencing a gradual return in demand for seat back replacement that is not limited to specific aircraft models. 从下半年开始,两家公司将由HPP公司控制. Plans are in place to generate synergies through integrated operations in the U.S. 飞机领域,进一步加大了改进的步伐.

  • *UIEP公司:城市基础设施 & 环保产品公司
Q
What can you tell us about the current demand for CPVC in India in the Building and Infrastructure field?
A

(Shimizu) Looking at the big picture, demand for CPVC in India is generally firm.

关于房屋公司

Q
What do you see are the reasons for new housing orders falling below plans in the 2Q?
A

(Kamiyoshi) While essentially around the same level as the previous year in the 1Q, new housing orders came in at 90% year on year in the 2Q owing to the rapid spread of COVID-19 and 95% for the 1H. This was largely attributable to the drop in the number of visitors as well as the slowdown in our business activities owing to the spread of the pandemic among customers and the Company. We see a decline in customer sentiment owing to uncertainties surrounding the business environment and a growing waitand- see stance.

Q
你如何看待下半年新屋订单的复苏?
A

(Kamiyoshi) Order for ready-built houses were strong up to November 2021 owing to the mortgage deduction scheme. 随着抵押贷款扣除延期期限的结束, 然而, 市场调整对交易活动产生了负面影响. Orders were further buffeted by a variety of other factors including the continued spread of COVID-19 and the effects of natural disasters. 因此,按年比较, 十大赌博娱乐平台相信这个门槛会很低, 尤其是从年底开始.

Q
Tochigi sekisuheim公司将如何加入. in the Company’s scope of consolidation impact results in the fiscal year under review? 你会利用什么协同效应来提高营业利润率, 与整个住房业务相比,这是低的吗?
A

(Kamiyoshi) Sales in the fiscal year under review are projected to increase ¥4.由于包括Tochigi sekisuheim Inc ., 80亿美元. 在本公司合并为子公司的范围内. 这已反映在修订后的计划中. 另一方面,营业利润预计将基本不受影响. 就订单预测而言, contributions from equity-method affiliates were originally incorporated into the overall Company’s plan. 转向对2023财年业绩的影响, 预计销售额和利润将分别增加100亿日元和100亿日元.分别为40亿美元. 展望未来, the Company as a whole will actively invest resources to further increase the profit margin.

Q
Are there any other equity-method sales companies that you plan to include in the Company’s scope of consolidation as subsidiaries?
A

(神吉)目前还没有计划.

关于UIEP公司

Q
Which products are exhibiting improvements in the spread between selling prices and raw material costs? 这些相同的产品在2H中会有贡献吗?
A

(Hirai) Improvements in the selling prices of the pipes and joints used in construction are the main contributors. 这一趋势预计将在下半年继续.

Q
Are we correct in assuming that figures are based on the scenario where raw material prices remain high?
A

平井一夫:这一假设已被纳入计划.

关于股东回报和其他回报

Q
While ordinary profit increased owing to the temporary impact of such factors as foreign exchange gains, 包括营业利润在内的实际收益保持不变. 尽管情况如此, what is the background and motivation behind the Company’s bold decision to increase dividends?
A

(加藤)根据十大赌博娱乐平台长期愿景的当前和第一个中期计划, we promised our stakeholders that we would pursue a dividend payout ratio of 35% or more. 在此基础上, we will increase dividends as promised even when our business performance is affected by temporary events.

关于库存量股票的收购

Q
你对收购国库股份有什么看法?
A

(加藤)公司最近收购了大约5家公司,000,000 to 8,000,每年有1000股国库券. 而不是在石头上设定一个固定的目标, 十大赌博娱乐平台采取了灵活的办法, 但根据十大赌博娱乐平台的现金状况和股价,十大赌博娱乐平台采取了积极主动的做法. 鉴于十大赌博娱乐平台目前的现金状况和股价, 十大赌博娱乐平台设定了额外的财政部股份收购上限为7,000,在这个例子中是000. We believe this demonstrates the Company’s commitment to proactively providing returns to shareholders while enhancing corporate value.

Q
To what degree is the Company’s results affected by current trends in foreign currency exchange rates?
A

(Nishida) As far as the degree to which the Company’s results are affected by foreign currency exchange rates are concerned, a ¥1 depreciation in the value of the yen against the dollar and euro has the effect of increasing operating profit by approximately ¥600 million each year. 这主要是由于美元.