Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales68,522¥ millionYear on year +19.4%Progress 47.9%
Operating profit16,214¥ millionYear on year +71.5%Progress 47.7%
Ordinary income16,503¥ millionYear on year +80.2%Progress 48.5%
Net income attributable to owners of the parent12,654¥ millionYear on year +84.0%Progress 52.7%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥69.52
Financial position at period-end
Total assets293,162¥ million
of which net assets 191,828 ¥ millionEquity ratio 63.0%vs. prior year-end +1.7pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating-1,195
Investment-11,774
Financials-3,385
Net change-16,354
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥45,785 million
Segment revenue
Electronic Materials Business29,94643.7%+27.9%
Medical Business7,84511.4%+16.0%
Composite Materials7,59211.1%+10.7%
Industrial Materials and Chemicals4,8797.1%+8.1%
Insulation materials business8,42612.3%+15.5%
Other businesses9,83214.3%+14.8%
Segment profit
Electronic Materials Business14,658+63.1%
Medical Business1,532+41.0%
Composite Materials-183
Industrial Materials and Chemicals275+22.5%
Insulation materials business647
Other businesses401+43.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥143,000 million (YoY +21.0%)
Operating profit¥34,000 million (YoY +63.3%)
Ordinary income¥34,000 million (YoY +57.8%)
Net income¥24,000 million (YoY -42.5%)
Revision to Earnings ForecastNet Sales ¥141,000 million → ¥143,000 million（+1.4%） / Operating profit ¥30,000 million → ¥34,000 million（+13.3%） / Ordinary income ¥30,000 million → ¥34,000 million（+13.3%） / Profit attributable to owners of the parent ¥20,000 million → ¥24,000 million（+20.0%）
Annual Dividend Forecast¥127 → ¥37
Factors Behind Changes in Business Performance
Sales of high-value-added products, particularly in the electronic materials business, remained strong. Growing demand for AI servers, expanded production capacity and price revisions contributed to the results. Meanwhile, the composites business was affected by higher raw material, energy and fuel prices.
Disclosure regarding the going concern assumption
There are no applicable matters.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥14 million / Gain on sale of investment securities ¥1,738 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥120 million
Depreciation and amortization¥5,230 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Online meeting for institutional investors and analysts
Issued Shares at Period-End188,615,060
Treasury Shares at Period-End6,584,740
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥68,522 million (YoY +19.4%) |
| Operating profit | ¥16,214 million (YoY +71.5%) |
| Ordinary income | ¥16,503 million (YoY +80.2%) |
| Profit attributable to owners of the parent | ¥12,654 million (YoY +84.0%) |
| Net income per share | ¥69.52 |
| Equity ratio | End of the current fiscal period 63 / End of previous period 61.3 |
| Total assets | ¥293,162 million |
| Net assets | ¥191,828 million |
| Cash flows from operating activities | ¥-1,195 million |
| Cash flows from investing activities | ¥-11,774 million |
| Cash flows from financing activities | ¥-3,385 million |
| Cash and cash equivalents at end of period | ¥45,785 million |
| Full-year earnings forecast | Net Sales ¥143,000 million (YoY +21.0%) / Operating profit ¥34,000 million (YoY +63.3%) / Ordinary income ¥34,000 million (YoY +57.8%) / Net income ¥24,000 million (YoY -42.5%) |
| Revision to Earnings Forecast | Net Sales ¥141,000 million → ¥143,000 million（+1.4%） / Operating profit ¥30,000 million → ¥34,000 million（+13.3%） / Ordinary income ¥30,000 million → ¥34,000 million（+13.3%） / Profit attributable to owners of the parent ¥20,000 million → ¥24,000 million（+20.0%） |
| Annual Dividend Forecast | ¥127 → ¥37 |
| Segment revenue | Electronic Materials Business ¥29,946 million (YoY +27.9%) / Medical Business ¥7,845 million (YoY +16.0%) / Composite Materials ¥7,592 million (YoY +10.7%) / Industrial Materials and Chemicals ¥4,879 million (YoY +8.1%) / Insulation materials business ¥8,426 million (YoY +15.5%) / Other businesses ¥9,832 million (YoY +14.8%) |
| Segment profit | Electronic Materials Business ¥14,658 million (YoY +63.1%) / Medical Business ¥1,532 million (YoY +41.0%) / Composite Materials ¥-183 million / Industrial Materials and Chemicals ¥275 million (YoY +22.5%) / Insulation materials business ¥647 million / Other businesses ¥401 million (YoY +43.9%) |
| Depreciation and amortization | ¥5,230 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥14 million / Gain on sale of investment securities ¥1,738 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥120 million |
| Disclosure regarding the going concern assumption | There are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Online meeting for institutional investors and analysts |
| Issued Shares at Period-End | 188,615,060 |
| Treasury Shares at Period-End | 6,584,740 |
| Factors Behind Changes in Business Performance | Sales of high-value-added products, particularly in the electronic materials business, remained strong. Growing demand for AI servers, expanded production capacity and price revisions contributed to the results. Meanwhile, the composites business was affected by higher raw material, energy and fuel prices. |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The full-year earnings forecast was revised upward in light of the results for the current interim consolidated accounting period and the outlook for the business environment. During the interim period, sales of high-value-added products, particularly in the electronic materials business, remained strong, supported by growing demand for AI servers, expanded production capacity and price revisions.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.