BUSINESS PERFORMANCE

Sunstar Group Business Results

Overview: Sunstar Today

Consolidated net sales in fiscal 2019 totaled 1,313 million Swiss Francs (CHF). This represents an increase of 4.5% over the prior year. All of the figures reported below are compliant with the International Financial Reporting Standards (IFRS).

Sunstar Group Global Sales Trends (consolidated)

Net Sales by Business sector (million CHF)

All inter-company sales have been eliminated. FY2015 represents 9 months (April to December).

Net sales by Region

Business Performance Fiscal Year 2019

(as of December 31, 2019)

The Group saw solid growth in Asia, the Americas and Europe. This steady growth was driven by the proactive development of oral care products in the Consumer Business and adhesives in the Industrial Business.

The Consumer Business accounted for approximately two-thirds of the total Group net sales, and showed positive growth. In the Industrial Business, automotive adhesives, our main products, which are used worldwide, were the driver behind steady growth. A new development and manufacturing site for automotive adhesives in Indonesia, USA (Ohio) and Germany will lead to even further business expansion.

In February 2019, we acquired Tsubamex Co, Ltd, a company in Japan, rated highly for its quick delivery, high-precision manufacturing of metal molds through the use of original 3D design systems.

Net Sales by Business Sector

Net Sales by Region

The above figures represent the consolidated financial results of each Group company based on the International Financial Reporting Standards (IFRS). All inter-company sales have been eliminated.

Business Performance Fiscal Year 2018

(as of December 31, 2018)

The Group saw solid growth in Asia, the Americas and Europe. This steady growth was driven by the proactive development of oral care products in the Consumer Business and adhesives in the Industrial Business.

The Consumer Business accounted for approximately two-thirds of the total Group net sales, and showed positive growth due to expansion in Europe, such as with acquisition in the Netherlands and then the opening of a new branch in Poland. In the Industrial Business, automotive adhesives, our main products, which are used worldwide, were the driver behind steady growth. A new development and manufacturing site for automotive adhesives in Germany in 2019 should lead to even further business expansion.

Net Sales by Business Sector

Net Sales by Region

The above figures represent the consolidated financial results of each Group company based on the International Financial Reporting Standards (IFRS). All inter-company sales have been eliminated.

Business Performance Fiscal Year 2017

(as of December 31, 2017)

The Sunstar Group achieved a significant increase in sales in the growth markets in Asia and Europe. Our successful growth was driven mainly by the active promotion of Oral Care and Chemical products.

Our Oral Care business accounts for approximately half of the total Group net sales, and achieved steady growth through our acquisition of a company in the Netherlands, rising sales throughout Europe, active efforts to promote inter-dental cleaning products in the Americas, and expansion of contact points with customers in Asia. In our Chemical business, which makes up 26% of the total Group net sales, our automotive interior adhesives performed well, with growth driven particularly by increased sales in Asia.

Net Sales by Business Sector

Net Sales by Region

The above figures represent the consolidated financial results of each Group company based on the International Financial Reporting Standards (IFRS). All inter-company sales have been eliminated.

Business Performance Fiscal Year 2016

(as of December 31, 2016)

The overall share of Japan increased slightly compared to 2015 due to exchange rate effects. Healthy sales growth was achieved in the Americas, Asia, and Europe mainly driven by strong demand for our Oral Care and Chemical products. Both new products and existing products contributed to this increase.

Our Oral Care business represents about half of the total Group net sales. In this sector, Europe and Asia were the strongest performance drivers profiting from new product launches in Europe and expansion of customer segments in Asia. Our Chemical business now accounts for 26% of total Group net sales and continues to benefit from strong sales of automotive adhesives to global automobile manufacturers, as well as construction sealants in Japan.

Net Sales by Business Sector

Net Sales by Region

The above figures represent the consolidated financial results of each Group company based on the International Financial Reporting Standards (IFRS). All inter-company sales have been eliminated.

Business Performance Fiscal Year 2015*

(as of December 31, 2015)

Japan remains our largest market, representing slightly over half of Sunstar Group net sales, while Europe and the Americas represent an increasing share of Group net sales due to their continued growth, above Group average. Asia achieved net sales increases in our Chemical and Oral Care businesses. Geographic expansion is a strategic objective of the Group, and in 2015 we entered Brazil.

The Oral Care business accounts for just over half of the total Group net sales. Growth in this sector in 2015 was achieved across all geographic regions through continued and expanded investments in new products, advertising and promotions. Within the Chemical and Motorcycle business (35% of Group net sales), sales of automotive adhesives grew steadily, fueled by a global increase of automobile production, and by an expansion of our customer base.

Net Sales by Business Sector

Net Sales by Region

*Accounting period of nine months from April to December 2015. The above figures represent the consolidated financial results of each Group company based on the International Financial Reporting Standards (IFRS). All inter-company sales have been eliminated.

Learn about our products and business sectors in this short video