Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
23375
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales643,351¥ millionYear on year +8.4%Progress 73.1%
Operating profit69,733¥ millionYear on year +50.4%Progress 99.6%
Ordinary income65,341¥ millionYear on year +63.0%Progress 102.1%
Net income attributable to owners of the parent40,624¥ millionYear on year +78.3%
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¥134.35
Financial position at period-end
Total assets1,330,382¥ million
of which net assets 766,263 ¥ millionEquity ratio 56.6%vs. prior year-end -0.4pt
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.
Segment revenueVinyl Acetate ¥322,639 million (YoY +7.0%), Isoprene ¥68,745 million (YoY +17.5%), Functional Materials ¥168,121 million (YoY +12.7%), Textiles ¥46,647 million (YoY +6.7%), Trading ¥55,054 million (YoY +12.2%), Other ¥26,225 million (YoY -16.1%)
Segment profitVinyl Acetate ¥55,838 million (YoY +15.0%), Isoprene ¥3,387 million, Functional Materials ¥10,660 million (YoY +124.9%), Textiles ¥8,548 million (YoY +559.8%), Trading ¥5,423 million (YoY +28.4%), Other ¥1,615 million (YoY -47.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥880,000 million (YoY +8.9%)
Operating profit¥70,000 million (YoY +18.9%)
Ordinary income¥64,000 million (YoY +24.2%)
Profit attributable to owners of the parent¥40,000 million (YoY +435.6%)
Annual Dividend Forecast¥54 → ¥64（+18.5%）
Factors Behind Changes in Business Performance
Profit increased due to price revisions, a positive impact from inventory valuation differences, lower depreciation expense resulting from the previous year's impairment loss, solid sales, and increased sales volume.
Disclosure regarding the going concern assumption
Not applicable.
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 No
Changes in the scope of consolidation2 added companies (可楽麗亜克力（張家港）有限公司 and WATERLINK (UK) HOLDINGS LIMITED), 3 excluded companies (1 additional company is listed in the company name field)
Breakdown of extraordinary income (loss)Extraordinary income Gain on revision of retirement benefit plans ¥1,769 million, Gain on sale of investment securities ¥1,208 million / Extraordinary loss Disaster Losses ¥3,006 million, Costs related to suspension of operations ¥1,249 million, Loss on disposal of fixed assets ¥1,055 million
Depreciation and amortization¥58,590 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End302,133,603
Treasury Shares at Period-End837,105
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥643,351 million (YoY +8.4%) |
| Operating profit | ¥69,733 million (YoY +50.4%) |
| Ordinary income | ¥65,341 million (YoY +63.0%) |
| Profit attributable to owners of the parent | ¥40,624 million (YoY +78.3%) |
| Net income per share | ¥134.35 |
| Equity ratio | End of the current fiscal period 56.6 / End of previous period 57 |
| Total assets | ¥1,330,382 million |
| Net assets | ¥766,263 million |
| Full-year earnings forecast | Net Sales ¥880,000 million (YoY +8.9%) / Operating profit ¥70,000 million (YoY +18.9%) / Ordinary income ¥64,000 million (YoY +24.2%) / Profit attributable to owners of the parent ¥40,000 million (YoY +435.6%) |
| Annual Dividend Forecast | ¥54 → ¥64（+18.5%） |
| Segment revenue | Vinyl Acetate ¥322,639 million (YoY +7.0%), Isoprene ¥68,745 million (YoY +17.5%), Functional Materials ¥168,121 million (YoY +12.7%), Textiles ¥46,647 million (YoY +6.7%), Trading ¥55,054 million (YoY +12.2%), Other ¥26,225 million (YoY -16.1%) |
| Segment profit | Vinyl Acetate ¥55,838 million (YoY +15.0%), Isoprene ¥3,387 million, Functional Materials ¥10,660 million (YoY +124.9%), Textiles ¥8,548 million (YoY +559.8%), Trading ¥5,423 million (YoY +28.4%), Other ¥1,615 million (YoY -47.0%) |
| Depreciation and amortization | ¥58,590 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on revision of retirement benefit plans ¥1,769 million, Gain on sale of investment securities ¥1,208 million / Extraordinary loss Disaster Losses ¥3,006 million, Costs related to suspension of operations ¥1,249 million, Loss on disposal of fixed assets ¥1,055 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 2 added companies (可楽麗亜克力（張家港）有限公司 and WATERLINK (UK) HOLDINGS LIMITED), 3 excluded companies (1 additional company is listed in the company name field) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 302,133,603 |
| Treasury Shares at Period-End | 837,105 |
| Factors Behind Changes in Business Performance | Profit increased due to price revisions, a positive impact from inventory valuation differences, lower depreciation expense resulting from the previous year's impairment loss, solid sales, and increased sales volume. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout 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 earnings increase was driven by price revisions in response to soaring raw material and fuel prices, a positive impact from inventory valuation differences, lower depreciation expense resulting from the impairment loss recognized in the previous year, and solid sales. However, the full-year forecast has been left unchanged because a negative impact from inventory valuation differences and a substantial decline in profit due to scheduled maintenance at the Okayama plant are expected in the fourth quarter.
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.