Financial Highlights

(Unit：Millions of yen)

		FY 2018	FY 2019
Revenue comparison, rate of change (％)		94,318 (3.9%up)	90,247 (4.3%down)
Core operating income (Notes2) comparison, rate of change (％)		6,503 (2.8%down)	5,252 (19.2%down)
Operating income comparison, rate of change (％)		6,815 (4.8%down)	2,056 (69.8%down)
Profit attributable to owners of parent comparison, rate of change (％)		5,457 (3.9%up)	682 (87.5%down)
Total assets comparison, rate of change (％)		102,557 (0.7%down)	110,276 (7.5%up)
Total equity comparison, rate of change (％)		68,132 (4.5％up)	63,909 (6.2％down)
Per share	Basic earnings per share (Yen)	119.09	14.93
	Equity attributable to owners of parent per share (Yen)	1,480.05	1,398.78
	Dividend per share (Yen)	32	32
Main management indices	ROA (%)	5.3%	0.6%
	ROE (%)	8.2%	1.0%
	Profit margin on revenue (％)	5.8%	0.8%
	Total assets turnover (times)	0.92	0.85
	D/E ratio (％)	15.3%	33.7%

Notes 1:	Bando Chemical Industries, Ltd. and its subsidiaries have adopted the International Financial Reporting Standards ("IFRS") from the fiscal year ended March 31, 2019. Accordingly, fiscal figures for the previous fiscal year were also reclassified in accordance with IFRS.
Notes 2:	Core operating income was calculated by deducting "cost of sales" and "selling, general and administrative expenses" from "revenue."

	Revenue			Core operating income			Profit attributable to owners of parent
(Unit：Millions of yen)