Nippon Sanso’s 2021 account ending March shows that the sales revenue increased by 17.0% with the core operating income up by 17.7%, operating income up by 13.9% and the net income for the term attributable to the owners of the parent up by 16.1%. Based on the outcome at this time, the dividend per share has risen from the latest 16 yen up to 18 yen.　

In each regional segment of Japan, USA, Europe, Asia and Oceania, both revenue and income increased owing to the recovery from the Covid-19 of the manufacturers and the thriving situation of the electronics industries.

Especially, in the European gas business affected seriously by the Covid-19, the rapid increase of energy cost put pressure on the profit in the fourth quarter particularly. However, with the efforts to make a price pass through and cost recovery, a full-year sales revenue increased by 31.1% amounting to 209.778 billion yen with a segment profit up 25.2% amounting to 26.33 billion yen.

In the gas business in Asia and Oceania where the electronics industry is growing remarkably, there was a satisfactory state in the sales of SPG in the major countries like China and Korea. In addition, regarding the LP gas business in Australia, the increase in price and delivered volume brought the growth of sales.

As a result, in the segment on the whole the sales revenue increased by 21.1% amounting to 123.533 billion yen with a segmental profit up 43.9% amounting to 12.837 billion yen.
As for the gas business in Japan, the sales revenue increased by 8.8% with a segmental profit up 3.5% amounting to 30.939 billion yen. Although there was no longer special medical demand like artificial respirator related to the Covid-19, the demand for air separation and other industrial gases was greatly improved.

In the equipment/construction segment, the demand recovery for welding/cutting which was stagnant last year seems to have contributed to the increase in sales. Also, in the gas business in the U.S. where the demand for welding/cutting showed a recovery trend, the sales revenue increased by 18.3% amounting to 224.81 billion yen with the segmental profit up 18.1% amounting to 27.314 billion yen.

In the Thermos business segment, the demand for the major products like mobile mugs and sport bottles was improved and the delivery of household products like frying pans and tumblers remained constant. It followed that the sales revenue increased by 12% amounting to 26.849 billion yen with the segmental income up 24.6% amounting to 6.441 billion yen.

The forecast of the consolidated business result in the next term is that the sales revenue will decrease by 0.7% amounting to 950 billion yen with a core operating income up 4.2% amounting to 107 billion and an operating income up 6.2% amounting to 107.5 billion yen. An estimated net income for the term attributable to owners of the parent will increase by 4.5% amounting to 67 billion yen.