Komori
Earnings presentation3436SUMCO CORPORATIONConstruction and Materials

Materials for the Briefing on Financial Results for the Third Quarter of the Fiscal Year Ending December 2026

For the nine months ended 30 September 2026, revenue increased by ¥28.1 billion year on year, while operating profit decreased by ¥10.1 billion and turned into a loss. Operating profit improved to ¥2.0 billion in the third quarter alone, but a full-year operating loss of ¥3.3 billion is forecast.

Worth reading
58In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-101
¥100 million (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationThird quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,325 100 million+9.2%
Operating profit¥-43 100 million
Ordinary income¥-98 100 million
Net income¥-74 100 million
Operating profit margin
Rate-1.3 %
Year-on-year change (points)-3.2 %
Results for the three months of the current quarter
Net Sales
¥1,175 100 million
Operating profit
¥20 100 million
Ordinary income
¥23 100 million
Profit attributable to owners of parent
¥54 100 million
Full-year earnings forecast
Net Sales
¥4,395 100 million
Operating profit
¥-33 100 million
Ordinary income
¥-53 100 million
Profit attributable to owners of parent
¥-34 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Sales, production and other factors¥110 100 million
  • Depreciation and amortization¥-157 100 million
  • Costs, etc.¥-71 100 million
  • Foreign exchange effects (including NT$)¥17 100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Exchange rate (¥/US$)160
  • 300mm wafer demand
    DetailsStrong AI-led demand is expected to continue
  • 200mm wafer demand
    DetailsExpected to exceed the current supply capacity
New initiatives
  • Upgrading manufacturing equipment to strengthen the ability to meet demand for advanced products
  • FST changed from a consolidated subsidiary to an equity-method affiliate
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA¥889 100 million
    Year on year against the same period last year+55.0%
  • EBITDA margin26.8 %
    Year-on-year change-0.6
  • ROE (annualized)-2.3 %
    Year-on-year change-2
  • Equity ratio61.2 %
    Year-on-year change9.9
  • Gross D/E ratio0.44 Times
    Year-on-year change-0.17
  • Net D/E ratio0.23 Times
    Year-on-year change-0.25
Financial targets
Equity ratio
Actual results61.2 %
Gross D/E ratio
Actual results0.44 Times
Net D/E ratio
Actual results0.23 Times
ROE
Actual results-2.3 %
Capital expenditures
¥297 100 million on an acceptance basis, cumulative through Q3
Annual Dividend
Annual dividend per share20 yen per share
Interim10 yen per share
End of period10 yen per share
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredThird quarter of the fiscal year ending December 2026
Net Sales¥3,325 100 million (YoY +9.2%)
Operating profit¥-43 100 million
Ordinary income¥-98 100 million
Net income¥-74 100 million
Operating profit marginRate -1.3 % / Year-on-year change (points) -3.2 %
Results for the three months of the current quarterNet Sales ¥1,175 100 million / Operating profit ¥20 100 million / Ordinary income ¥23 100 million / Profit attributable to owners of parent ¥54 100 million
Full-year earnings forecastNet Sales ¥4,395 100 million / Operating profit ¥-33 100 million / Ordinary income ¥-53 100 million / Profit attributable to owners of parent ¥-34 100 million
Breakdown of Factors Affecting the ChangeFactors Sales, production and other factors / Amount ¥110 100 million, Factors Depreciation and amortization / Amount ¥-157 100 million, Factors Costs, etc. / Amount ¥-71 100 million, Factors Foreign exchange effects (including NT$) / Amount ¥17 100 million
Key KPIsIndicator name EBITDA / Value ¥889 100 million / Year on year against the same period last year ¥55 100 million, Indicator name EBITDA margin / Value 26.8 % / Year-on-year change -0.6 %, Indicator name ROE (annualized) / Value -2.3 % / Year-on-year change -2 %, Indicator name Equity ratio / Value 61.2 % / Year-on-year change 9.9 %, Indicator name Gross D/E ratio / Value 0.44 Times / Year-on-year change -0.17 Times, Indicator name Net D/E ratio / Value 0.23 Times / Year-on-year change -0.25 Times
Assumptions Underlying the Business OutlookItem Exchange rate (¥/US$) / Value 160, Item 300mm wafer demand / Details Strong AI-led demand is expected to continue, Item 200mm wafer demand / Details Expected to exceed the current supply capacity
Financial targetsEquity ratio Actual results 61.2 % / Gross D/E ratio Actual results 0.44 Times / Net D/E ratio Actual results 0.23 Times / ROE Actual results -2.3 %
Annual DividendAnnual dividend per share 20 yen per share / Interim 10 yen per share / End of period 10 yen per share
Capital expenditures¥297 100 million (on an acceptance basis, cumulative through Q3)
New initiativesUpgrading manufacturing equipment to strengthen the ability to meet demand for advanced products, FST changed from a consolidated subsidiary to an equity-method affiliate
Items this document does not state (15)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Year on year, sales and production-related factors contributed ¥11.0 billion to the increase in operating profit, while depreciation expenses of ¥15.7 billion and costs of ¥7.1 billion were factors reducing profit. The foreign-exchange impact is shown as a ¥1.7 billion factor increasing profit. The fourth-quarter forecast includes the impact of FST changing from a consolidated subsidiary to an equity-method affiliate.

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.
Materials for the Briefing on Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 | SUMCO CORPORATION (3436) timely disclosure | Komori