Röhm Half-Year Report 2023

 

During the first six months (April through September) of the fiscal year ending March 31, 2023, the global economy appeared to have lost steam on the back of China’s zero COVID-19 policy, Russia’s invasion of Ukraine, and persistently high inflation, particularly in the United States.

In terms of production, we have continued to take action to achieve total optimization, and we have also promoted the installation of labor-saving and automated production lines through “monozukuri” (manufacturing) innovation.” We have also made every effort to ensure the stable supply of our products to customers by improving productivity and increasing our production capacity to cope with fast-growing demand.

Under these circumstances, consolidated net sales for the first six months of the fiscal year ending March 31, 2023 were 259,912 million yen, up 16.7% from the same period last year, and operating profit increased 46.0% from the same period last year to 50,403 million yen.

The operating margin for the first six months of the current fiscal year increased to 19.4% from 15.5% in the same period of last year.

Ordinary profit also increased 87.3% from the same period last year to 70,913 million yen due to an increase in operating profit and foreign exchange gains.

At the end of the second quarter of the fiscal year ending March 31, 2023 total assets were 1,104,884 million yen, an increase of 75,752 million yen from the end of the previous fiscal year, which can be largely explained by increases respectively in property.