Consolidated Financial Results of FY2022 (From April 1,2022 to September 30, 2022) and FY2022 Consolidated Earnings Forecast
Status of Titanium Business
Progress on Issues
(C)2022 Toho Titanium Co., Ltd.
2
1. FY2022 Consolidated Results
and FY2022 Consolidated Earnings Forecast
(C)2022 Toho Titanium Co., Ltd.
FY2022 Consolidated Financial Results
(In billions of JPY)
FY2022
FY2021
(From April 1, 2022
(From April 1, 2021
Change
to September 30,
to September 30,
2022)
2021)
Net sales
38.9
26.2
＋12.6
Operating income
5.8
2.7
＋3.2
Ordinary income
6.4
2.5
＋3.8
Net income
4.5
1.9
＋2.6
Average exchange
131.4
109.6
(144.8￥/$ at the end of
(111.9￥/$ at the end of
rate (yen/$)
the period)
the period)
Interim dividend per
11.00
6.00
share (in JPY)
Net sales
Operating
Results
■ Net sales increased 48.0% (+¥12.61 billion) year on year, mainly due to an increase in demand in the titanium metal business. Sales of catalysts and chemicals remained unchanged from the previous fiscal year.
■ Operating profit: YoY +122.0% (+¥3.2 billion). Profits increased in the titanium business and
the catalyst business, despite a decline in profits in the chemicals business.
■ Ordinary income: Increased 148.0% (+3.83 billion yen) year on year, mainly due to foreign
exchange gains from the depreciation of the yen.
4
■ Net income: YoY +142.4% (+¥2.67 billion).
Ltd.
FY2022 Net Sales and Operating Income by Segment
(In billions of JPY)
Net sales
FY2022
FY2021
(From April 1, 2022
(From April 1, 2021
Change
to September 30,
to September 30,
2022)
2021)
Titanium metal
26.7
14.2
＋12.4
Catalysts
4.4
3.9
＋0.4
Chemicals
7.9
8.0
－0.2
Total
38.9
26.2
＋12.6
Operating income
FY2022
FY2021
(From April 1, 2022
(From April 1, 2021
Change
to September 30,
to September 30,
2022)
2021)
Titanium metal
3.4
-0.5
＋3.9
Catalysts
1.6
1.3
＋0.2
Chemicals
1.3
2.2
＋0.9
Common Costs and Expenses
-0.6
-0.4
－0.1
Not Allocated to the Segments
Total
5.8
2.6
＋3.2
5
(C)2022 Toho Titanium
Co., Ltd.
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Toho Titanium Co. Ltd. published this content on 18 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2022 02:48:08 UTC.
TOHO TITANIUM COMPANY, LIMITED is a Japan-based company mainly engaged in the metallic titanium business. The Company operates through two business segments. The Metallic Titanium segment is engaged in manufacture of sponge titanium, titanium ingot and high purity titanium. The Functional Chemicals segment is engaged in the manufacture of propylene polymerization catalysts, ultrafine nickel, high-purity titanium oxide, and other products.
TOHO TITANIUM CO., LTD. 
