Taiyo Nippon Sanso closed the FY2014 account attaining the increase in sales by 7%, operating profit by 12.1%, ordinary income by 12.2% and net profit for the term by 2.8%, helped by the structural business reforms including the domestic restructuring, the demand recovery in the electronics industries and the overseas business growth in North America and Asia. The year-end dividend is set at JPY7 increase by JPY1 and the full-year dividend at JPY13.
In the domestic business, the sales increased by 0.8% and the operating profit by 7.2%. The improved operating profit was attributed to the increased sales of gas generators as well as hard goods including welding equipment and materials thanks to user’s capital investments. Regarding the rise of electricity cost, the rise portion during the term was balanced out with the revised prices, but the left-behind from the past and the rise in this term must be passed on, as commented by the Public Relation Dept.
The sales of equipment for H2 stations amounted to about JPY1.5 bill in including stationary facilities during the term. The company has already received orders for 11 mobile stations and forecasts a sales figure of about 3 billion year for this fiscal year. The gas business in the US marked an increase in sales by 21.8% and operating profit by 22.9%, helped by the M&A of carbon dioxide business and the foreign exchange up-valuation.

The new expansion of gas generating equipment was so active that the majority of JPY35.2 billion of capital investment for the term was for the requirements in the US. The investment for this term amounting to JPY58 billion also includes investments for ASU in the US amount to JPY14 billion year. (Kinji Mizunoe, Managing Director)

The Asian gas business grew with the increase of sales by 14.1% and operating profit by 29.1% helped by the good business of gas and equipment for the electronics industries in Taiwan, Korea and China. In the other business represented by Thermos, the sales marked an increase by 14.5% and the operating profit by 12.2%.
　
As for the forecast of this term, the domestic sales is expected to be JPY346 billion (up by 0.4%) with the operating profit to be JPY25 billion (down by 0.2%), while in the US the sales is expected to be JPY195 billion (up by 48.9%) with the operating profit JPY9.7 billion (up by 67.4%) and in Asia the sales to be JPY86 billion (up by 38.7%) with the operating profit JPY4.6 billion (up by 86.4%).


However, as long as this fiscal year, as both US Matheson and Asian Leeden change their fiscal term into closing in March, the account settlement will be irregular for a period of 15 months. Therefore, there will be an addition of JPY50 billion (sales) and JPY3 billion (operating profit). Based upon the change, the home and abroad ratio in the overall sales becomes 57/43 with operating profit 68/32.

The corporate forecast on the whole is that the sales will amount to JPY650 billion (up by 16.2%), operating profit to JPY41 billion (up by 16.2%), ordinary income to JPY39.3 billion (up by 14.6%) and the net profit for the term to JPY24 billion yen (up by 15.6%).