Asahi Kasei Corporation, a global Japanese chemical company, has reported 9.3 per cent sales decline to ¥455.1 billion (Japanese yen) during first quarter (Q1) FY20 ended on June 30, 2020 compared to sales of ¥502.0 million in same period last year. Company’s operating income for the quarter fell 27.2 per cent to ¥30.1 billion (Q1 FY19: ¥41.3 million).