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Basic
Chemicals Division
In the industrial Chemicals category, sales
of Caustic Soda and Sodium Alcoholate were up from the previous year,
but sluggish sales of Potassium Carbonate and Phosphorus Oxychloride
to IT-related industries were down from the preceding year.
In the environmental products category, sales of the water treatment
agent HI-CHLON were steady at about the same level as the previous
year.
As a result, net sales of Basic Chemicals Division stood at ¥24,137
million, down 2.2% from the preceding year.
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Specialty
& Performance Chemicals Division
Sales of methionine feed additives increased
over the previous year, thanks to the weak yen as well as increased
quantities sold, even though the overseas market was bearish.
In the Specialty Products category, sales of slim remover for
home sanitary use, which were marketed full-scale in this fiscal
year, were positive, but sales of VP-POLYMER a semiconductor photo-resist
base resin , and ITO coated glass were lower than the previous year
due to greatly reduced demand in the IT industry.
Sales of dye stuff Chemicals were down from the preceding year
because of a stagnant market for Fluorescent Whitening Dyes, while
sales of color developer for thermal paper continued to rise.
As a result, net sales of Specialty & Performance Chemicals
Division fell 4.7% from the previous year to ¥44,453 million.
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Agro
Products Division
Domestic sales of agrochemicals increased
over the previous year thanks to the launch of TITARON acaricide in
this fiscal year. Exports also marked an increase because sales of
fungicide TOPSIN-M, acaricide NISSORUN, herbicides NABU and HOENEST
and insecticide MOSPILAN were positive.
As a result, net sales of the Agro Products Division reached ¥32,002
million, a 2.5% increase over the previous year.
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Pharmaceuticals
Division
Sales of the pharmaceutical additive HPC
were the same as the preceding year, but those of FAROPENEM-Sodium,
a base for penem antibiotics, declined. Sales in the pharmaceutical
intermediates category declined, because sales of AOSA fell and sales
of BBP were suspended due to production adjustment by customer. Sales
of MAP, however, were up from the previous year.
As a result, net sales of the Pharmaceuticals Division stood at
¥6,250 million, a 26.8% decline from the previous year.
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Other
Business
Sales in the warehousing and transportation
category were lower than the previous year because of freight flow
slowdowns and transportation fee reduction, although the storage
fees for dangerous items increased over the previous year.
Plant construction and civil engineering
of the construction category languished, as in the previous year.
Nisso Engineering Co., Ltd. accordingly invited voluntary employee
resignations while increasing construction capitalization and reducing
capital.
In the non-ferrous metals and others
category, environmental development increased in freight collection
volume, but sales of non-ferrous metals were lower than the previous
year due to demand reduction and falling zinc prices.
As a result, net sales of the Other
Business marked ¥40,478 million, a 1.8% decline from the previous
year.
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Note:
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The above sales
include the amount of intersegment dealings between Chemical and Other
business segments (¥9,056 million for 2000 and ¥4,550 million
for 2001). |
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