Worth reading
52Recurring
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
23.7
Year-on-year decline in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedIFRSNet Sales2,585,077Millions of yenYear on year +0.9%Progress 91.3%
Operating profit97,221Millions of yenYear on year -23.7%
Ordinary income107,599Millions of yenYear on year -5.9%
Net income attributable to owners of the parent79,521Millions of yenYear on year +2.1%Progress 88.4%
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¥52.96
Financial position at period-end
Total assets3,476,976Millions of yen
of which net assets 1,927,836 Millions of yenEquity ratio 51.8%vs. prior year-end -0.1pt
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+211,763
Investment-66,935
Financials-128,996
Net change+15,832
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period265,295 Millions of yen
Segment revenue
Textiles Business1,051,10241.0%+4.0%
Performance Chemicals business894,42334.9%-5.3%
Carbon Fiber Composite Materials business300,07111.7%0.0%
Environment and Engineering business266,89810.4%+12.8%
Life Sciences Business52,4242.0%-1.4%
Segment profit
Textiles Business68,041+6.0%
Performance Chemicals business56,285-6.2%
Carbon Fiber Composite Materials business17,640-21.7%
Environment and Engineering business28,824+11.2%
Life Sciences Business-114
Regional salesJapan Current fiscal year 1,044,985 Millions of yen / Previous period 997,967 Millions of yen / China Current fiscal year 493,135 Millions of yen / Previous period 494,239 Millions of yen / Other Asia Current fiscal year 497,539 Millions of yen / Previous period 491,576 Millions of yen / North America, Europe and other regions Current fiscal year 549,418 Millions of yen / Previous period 579,498 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales2,830,000 Millions of yen (YoY +9.5%)
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net income90,000 Millions of yen (YoY +13.2%)
NotesBusiness profit of ¥160,000 million is presented instead of operating profit, representing a 12.7% increase year on year
Annual Dividend Forecast¥20 → ¥26（+30.0%）
Payout ratio42.1
Factors Behind Changes in Business Performance
Operating profit declined due to impairment losses and other factors in the battery separator film business of the Korean subsidiary. Weak market conditions for automotive applications, sluggish panel demand in China, intensified competition and adjustments in general industrial applications reduced profit, while the Fibers business, the Environment and Engineering business and others reported higher profits.
Disclosure regarding the going concern assumption
None. The notes regarding the going concern assumption state, “There are no applicable matters.”
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Impairment loss33,796 Millions of yen
Breakdown of extraordinary income (loss)Gain on sale of non-current assets 725 Millions of yen, Losses on disposal of fixed assets -10,214 Millions of yen, Impairment Losses -33,796 Millions of yen, Losses due to warehouse fire -1,407 Millions of yen
Depreciation and amortization131,615 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End1,504,481,403
Treasury Shares at Period-End48,344,096
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 2,585,077 Millions of yen (YoY +0.9%) |
| Operating profit | 97,221 Millions of yen (YoY -23.7%) |
| Ordinary income | 107,599 Millions of yen (YoY -5.9%) |
| Profit attributable to owners of the parent | 79,521 Millions of yen (YoY +2.1%) |
| Net income per share | ¥52.96 |
| Equity ratio | End of the current fiscal period 51.8 / End of previous period 51.9 |
| Total assets | 3,476,976 Millions of yen |
| Net assets | 1,927,836 Millions of yen |
| Cash flows from operating activities | 211,763 Millions of yen |
| Cash flows from investing activities | -66,935 Millions of yen |
| Cash flows from financing activities | -128,996 Millions of yen |
| Cash and cash equivalents at end of period | 265,295 Millions of yen |
| Full-year earnings forecast | Net Sales 2,830,000 Millions of yen (YoY +9.5%) / Operating profit Not disclosed / Ordinary income Not disclosed / Net income 90,000 Millions of yen (YoY +13.2%) / Notes Business profit of ¥160,000 million is presented instead of operating profit, representing a 12.7% increase year on year |
| Annual Dividend Forecast | ¥20 → ¥26（+30.0%） |
| Payout ratio | 42.1 |
| Segment revenue | Textiles Business 1,051,102 Millions of yen (YoY +4.0%) / Performance Chemicals business 894,423 Millions of yen (YoY -5.3%) / Carbon Fiber Composite Materials business 300,071 Millions of yen (YoY 0.0%) / Environment and Engineering business 266,898 Millions of yen (YoY +12.8%) / Life Sciences Business 52,424 Millions of yen (YoY -1.4%) |
| Segment profit | Textiles Business 68,041 Millions of yen (YoY +6.0%) / Performance Chemicals business 56,285 Millions of yen (YoY -6.2%) / Carbon Fiber Composite Materials business 17,640 Millions of yen (YoY -21.7%) / Environment and Engineering business 28,824 Millions of yen (YoY +11.2%) / Life Sciences Business -114 Millions of yen |
| Regional sales | Japan Current fiscal year 1,044,985 Millions of yen / Previous period 997,967 Millions of yen / China Current fiscal year 493,135 Millions of yen / Previous period 494,239 Millions of yen / Other Asia Current fiscal year 497,539 Millions of yen / Previous period 491,576 Millions of yen / North America, Europe and other regions Current fiscal year 549,418 Millions of yen / Previous period 579,498 Millions of yen |
| Depreciation and amortization | 131,615 Millions of yen |
| Impairment loss | 33,796 Millions of yen |
| Breakdown of extraordinary income (loss) | Gain on sale of non-current assets 725 Millions of yen, Losses on disposal of fixed assets -10,214 Millions of yen, Impairment Losses -33,796 Millions of yen, Losses due to warehouse fire -1,407 Millions of yen |
| Disclosure regarding the going concern assumption | None. The notes regarding the going concern assumption state, “There are no applicable matters.” |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 1,504,481,403 |
| Treasury Shares at Period-End | 48,344,096 |
| Factors Behind Changes in Business Performance | Operating profit declined due to impairment losses and other factors in the battery separator film business of the Korean subsidiary. Weak market conditions for automotive applications, sluggish panel demand in China, intensified competition and adjustments in general industrial applications reduced profit, while the Fibers business, the Environment and Engineering business and others reported higher profits. |
Items this document does not state (4)
Operating MarginRevision to Earnings ForecastShareholder Return PolicyOrders received and order backlog
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.At a Korean subsidiary's battery separator film business, profitability deteriorated, particularly in automotive applications, due to the sluggish EV market and other factors, resulting in the recognition of impairment losses on property, plant and equipment. In addition, automotive applications and panel demand in China remained weak and competition intensified, while the Fibers business and the Environment and Engineering business reported higher profits.
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.