Overview
In Environmental Protection, we market polymer flocculants for wastewater treatment, which accelerate industrial wastewater sludge sedimentation, and slurry agents used in underground excavation.
In Construction, we market PPG used in applications such as sofa cushions and heat insulating materials.
FY2023 Business Performance
In the Environmental Protection segment, sales were weak due to sluggish demand for cationic monomer for polymer flocculants.
In the Construction segment, sales declined for raw materials for polyurethane foams mainly used in furniture and heat insulating materials and for raw materials for building sealants.
As a result, total net sales in this segment decreased by 17.8% year on year, to ¥15,030 million. Operating profit was ¥539 million (a decrease of 60.7% year on year).