Worth reading
54Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
8162
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedIFRSNet Sales307,892¥ millionYear on year -4.1%Progress 23.5%
Operating profit22,144¥ millionYear on year +58.4%Progress 21.1%
Ordinary income22,600¥ million (profit before tax for the quarter)Year on year +80.7%
Net income attributable to owners of the parent15,283¥ millionYear on year +74.6%
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¥84.44
Financial position at period-end
Total assets2,109,304¥ million
of which net assets 737,979 ¥ millionEquity ratio 33.7%vs. prior year-end +0.5pt
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 and cash equivalents at end of period¥281,904 million
Segment revenueSemiconductors and electronic materials ¥134,662 million (YoY +21.1%), Mobility ¥47,302 million (YoY +0.9%), Innovation Materials ¥22,734 million (YoY +3.4%), Chemicals ¥40,835 million (YoY +8.3%), Kurasasu Chemical ¥51,711 million (YoY -34.3%)
Segment profitSemiconductors and electronic materials ¥33,997 million (core operating profit) (YoY +73.7%), Mobility ¥2,923 million (core operating profit) (YoY +159.4%), Innovation Materials ¥2,440 million (core operating profit) (YoY +14.0%), Chemicals ¥-1,596 million (core operating profit), Kurasasu Chemical ¥-539 million (core operating profit)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,310,000 million (YoY -2.8%)
Operating profit¥105,000 million (YoY +125.0%)
Ordinary income¥103,000 million (profit before tax) (YoY +128.7%)
Net income79,000 Millions of yen (profit for the period) (YoY +154.4%)
Profit for the year attributable to owners of the parent¥77,000 million (YoY +165.2%)
Revision to Earnings ForecastNot disclosed → Revenue ¥660,000 million (YoY +2.8%) / Core operating profit ¥74,000 million (YoY +113.9%) / Operating profit ¥57,000 million (YoY +74.8%) / Pretax profit ¥57,000 million (YoY +87.4%) / Profit for the period ¥38,000 million (YoY +90.8%) / Profit for the period attributable to owners of the parent ¥38,000 million (YoY +93.3%)
Annual Dividend Forecast¥65 → ¥65（0.0%）
Factors Behind Changes in Business Performance
The Semiconductor and Electronic Materials, Mobility, Innovation Materials and Chemicals segments all reported higher revenue, but overall revenue declined due to the large-scale scheduled maintenance shutdown at Kurasasu Chemical, conducted once every four years, and the impact of the transfer of the business of Fiamm Energy Technology S.p.A. Overall profit increased, as higher profit and reduced losses in four segments, including Semiconductor and Electronic Materials, more than offset the decline in profit at Kurasasu Chemical.
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 Not disclosed
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name No
Material subsequent eventsEffective 1 April 2026, the automotive molded components business in Japan and Thailand operated by a consolidated subsidiary was transferred to MORIROKU COMPANY,LTD. The impact of the transfer on the consolidated financial statements for the fiscal year ending December 2026 is currently being examined.
Impairment loss¥198 million. The affected assets were not specified.
Depreciation and amortization¥22,600 million (depreciation and amortization)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for securities analysts and institutional investors)
Issued Shares at Period-End184,901,292 shares
Treasury Shares at Period-End3,917,769 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥307,892 million (YoY -4.1%) |
| Operating profit | ¥22,144 million (YoY +58.4%) |
| Ordinary income | ¥22,600 million (profit before tax for the quarter) (YoY +80.7%) |
| Profit attributable to owners of the parent | ¥15,283 million (YoY +74.6%) |
| Net income per share | ¥84.44 |
| Equity ratio | End of the current fiscal period 33.7 / End of previous period 33.2 |
| Total assets | ¥2,109,304 million |
| Net assets | ¥737,979 million |
| Cash and cash equivalents at end of period | ¥281,904 million |
| Full-year earnings forecast | Net Sales ¥1,310,000 million (YoY -2.8%) / Operating profit ¥105,000 million (YoY +125.0%) / Ordinary income ¥103,000 million (profit before tax) (YoY +128.7%) / Net income 79,000 Millions of yen (profit for the period) (YoY +154.4%) / Profit for the year attributable to owners of the parent ¥77,000 million (YoY +165.2%) |
| Revision to Earnings Forecast | Not disclosed → Revenue ¥660,000 million (YoY +2.8%) / Core operating profit ¥74,000 million (YoY +113.9%) / Operating profit ¥57,000 million (YoY +74.8%) / Pretax profit ¥57,000 million (YoY +87.4%) / Profit for the period ¥38,000 million (YoY +90.8%) / Profit for the period attributable to owners of the parent ¥38,000 million (YoY +93.3%) |
| Annual Dividend Forecast | ¥65 → ¥65（0.0%） |
| Segment revenue | Semiconductors and electronic materials ¥134,662 million (YoY +21.1%), Mobility ¥47,302 million (YoY +0.9%), Innovation Materials ¥22,734 million (YoY +3.4%), Chemicals ¥40,835 million (YoY +8.3%), Kurasasu Chemical ¥51,711 million (YoY -34.3%) |
| Segment profit | Semiconductors and electronic materials ¥33,997 million (core operating profit) (YoY +73.7%), Mobility ¥2,923 million (core operating profit) (YoY +159.4%), Innovation Materials ¥2,440 million (core operating profit) (YoY +14.0%), Chemicals ¥-1,596 million (core operating profit), Kurasasu Chemical ¥-539 million (core operating profit) |
| Depreciation and amortization | ¥22,600 million (depreciation and amortization) |
| Impairment loss | ¥198 million. The affected assets were not specified. |
| 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 Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name No |
| Material subsequent events | Effective 1 April 2026, the automotive molded components business in Japan and Thailand operated by a consolidated subsidiary was transferred to MORIROKU COMPANY,LTD. The impact of the transfer on the consolidated financial statements for the fiscal year ending December 2026 is currently being examined. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 184,901,292 shares |
| Treasury Shares at Period-End | 3,917,769 shares |
| Factors Behind Changes in Business Performance | The Semiconductor and Electronic Materials, Mobility, Innovation Materials and Chemicals segments all reported higher revenue, but overall revenue declined due to the large-scale scheduled maintenance shutdown at Kurasasu Chemical, conducted once every four years, and the impact of the transfer of the business of Fiamm Energy Technology S.p.A. Overall profit increased, as higher profit and reduced losses in four segments, including Semiconductor and Electronic Materials, more than offset the decline in profit at Kurasasu Chemical. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (loss)
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.Four segments, including Semiconductor and Electronic Materials, posted higher revenue, mainly driven by advanced semiconductor applications. This was offset by lower revenue in the Kurasasu Chemical segment due to a large-scale scheduled maintenance shutdown conducted once every four years, while Other was affected by the transfer of the business of Fiamm Energy Technology S.p.A. In terms of profit, the decline in profit at Kurasasu Chemical was more than offset by higher profit and reduced losses in four segments, including Semiconductor and Electronic Materials.
How to read this page
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