Sunstar Group Business Results
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.