Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 31 July 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Demand for AI servers, data centers and related applications driven by the growing adoption of generative AI remained strong, while demand for automotive and industrial equipment was also steady. In functional materials, orders from overseas customers for separators for electric double-layer capacitors were strong, particularly for power supply stabilization applications. The figures remained above the previous forecast due to higher operating rates and improved production efficiency associated with increased net sales. The dividend forecast was revised after comprehensively considering the company's policy of prioritizing a stable supply system, research and development, capital investment and shareholder returns, together with its current financial position and outlook.
| Item | Details |
|---|---|
| Net Sales | ¥24,000 million → ¥26,000 million（+8.3%） |
| Operating profit | ¥6,000 million → ¥7,500 million（+25.0%） |
| Ordinary income | ¥6,000 million → ¥7,600 million（+26.7%） |
| Profit attributable to owners of the parent | ¥4,200 million → ¥5,500 million（+31.0%） |
| Net income per share | 398.23 yen → 521.44 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 31 July 2026 |
| Previous-period results | Fiscal year ended March 2026: net sales ¥18,624 million, operating income ¥3,533 million, ordinary income ¥3,707 million, net income attributable to owners of the parent ¥2,642 million, basic earnings per share ¥250.67 |
| Reason for the revision | Demand for AI servers, data centers and related applications driven by the growing adoption of generative AI remained strong, while demand for automotive and industrial equipment was also steady. In functional materials, orders from overseas customers for separators for electric double-layer capacitors were strong, particularly for power supply stabilization applications. The figures remained above the previous forecast due to higher operating rates and improved production efficiency associated with increased net sales. The dividend forecast was revised after comprehensively considering the company's policy of prioritizing a stable supply system, research and development, capital investment and shareholder returns, together with its current financial position and outlook. |
| Dividend forecast revision | The interim dividend has been increased by ¥25 per share from ¥55 to ¥80, and the year-end dividend forecast has likewise been increased by ¥25 per share from ¥55 to ¥80. The annual dividend forecast has been increased from ¥110 to ¥160. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Net sales increased due to demand for AI servers, data centers and related applications driven by the growing adoption of generative AI, steady demand for automotive and industrial equipment, and higher orders from overseas customers. Higher operating rates and improved production efficiency associated with the increase in sales are expected to result in profits exceeding the previous forecast. The dividend was increased based on the company's policy of prioritizing stable supply, research and development, capital investment and shareholder returns, as well as its current financial position and outlook.