Translation of report filed with the Tokyo Stock Exchange on May 8, 2020
Notice Concerning Differences between Non-Consolidated Actual Results
for the Fiscal Years Ended March 31, 2019 and 2020
This notice serves to provide information on differences between non-consolidated actual results for the fiscal year ended March 31, 2019 and the fiscal year ended March 31, 2020.
Details are as follows.
1. Differences between Non-Consolidated Actual Results for the fiscal year ended March 31, 2019 and the fiscal year ended March 31, 2020.
| |
Revenues |
Ordinary Income |
Net Income |
| Actual Results for fiscal year ended March 31, 2019 (A) |
Millions of Yen
2,497,837 |
Millions of Yen
386,152 |
Millions of Yen
396,117 |
| Actual Results for fiscal year ended March 31, 2020 (B) |
1,737,893 |
300,203 |
364,663 |
| Difference (B-A) |
(759,944) |
(85,949) |
(31,454) |
| Difference (%) |
(30.42%) |
(22.26%) |
(7.94%) |
2. Reasons for Differences
Revenues for the fiscal year ended March 31, 2020 were lower than those of the prior year mainly due to a decrease in transaction volumes and lower market prices in the Petrochemicals business.