Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Sales volume declined due in part to supply chain disruptions resulting from the worsening situation in the Middle East, while net sales increased as the rise in raw material and fuel costs was passed through to selling prices and due to the weaker yen. Operating income from Superabsorbent Resins declined mainly because fixed costs increased following the start-up of new equipment at the Singapore site, while profit in Functional Materials increased due to expanded sales of water-soluble polymers for personal care and battery-material applications and the weaker yen.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥78,487 million (YoY +8.0%) |
| Operating profit | ¥5,594 million (YoY -4.9%) |
| Ordinary income | ¥4,842 million (YoY -13.2%) |
| Profit attributable to owners of the parent | ¥3,717 million (YoY +13.5%) |
| Net income per share | ¥57.74 |
| Equity ratio | End of the current fiscal period 66.5 / End of previous period 67.8 |
| Total assets | ¥159,565 million |
| Net assets | ¥106,185 million |
| Cash flows from operating activities | ¥-8,577 million |
| Cash flows from investing activities | ¥-4,634 million |
| Cash flows from financing activities | ¥7,453 million |
| Cash and cash equivalents at end of period | ¥12,612 million |
| Full-year earnings forecast | Net Sales ¥165,000 million (YoY +11.2%) / Operating profit ¥11,000 million (YoY -24.0%) / Ordinary income ¥11,200 million (YoY -26.6%) / Net income ¥8,000 million (YoY +4.2%) |
| Revision to Earnings Forecast | Forecast announced on 6 August 2026 → No change |
| Annual Dividend Forecast | ¥44.00 (actual for the fiscal year ended March 2026, adjusted for the stock split) → ¥70.00 |
| Segment revenue | Superabsorbent Polymers ¥61,873 million (YoY +8.9%), Functional Materials ¥16,493 million (YoY +4.8%), Other ¥120 million (YoY -4.4%) |
| Segment profit | Superabsorbent Polymers ¥4,033 million (YoY -17.7%), Functional Materials ¥1,545 million (YoY +58.2%), Other ¥14 million |
| Regional sales | ¥17,859 million, ¥14,729 million, ¥24,895 million, ¥8,190 million, ¥7,339 million, ¥5,473 million |
| Depreciation and amortization | ¥4,227 million |
| Impairment loss | ¥53 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥549 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal of fixed assets ¥73 million, Impairment Losses ¥53 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 | New 0 / Names of newly included companies Not disclosed / Excluded 0 / Excluded Company Name Not disclosed |
| Material subsequent events | On 30 October 2026, 739,800 treasury shares were cancelled. The reasons were to improve capital efficiency, enhance shareholder returns and pursue flexible capital policies. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for analysts) |
| Issued Shares at Period-End | 64,709,285 |
| Treasury Shares at Period-End | 739,860 |
| Factors Behind Changes in Business Performance | Sales volume declined due in part to supply chain disruptions resulting from the worsening situation in the Middle East, while net sales increased as the rise in raw material and fuel costs was passed through to selling prices and due to the weaker yen. Operating income from Superabsorbent Resins declined mainly because fixed costs increased following the start-up of new equipment at the Singapore site, while profit in Functional Materials increased due to expanded sales of water-soluble polymers for personal care and battery-material applications and the weaker yen. |
Items this document does not state (4)
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 despite lower sales volumes, mainly because the increases in raw material and fuel costs were passed through to selling prices and due to the effect of the weaker yen. Operating income declined mainly because fixed costs increased following the start-up of new equipment at the Singapore site in the Superabsorbent Resins segment, while profit increased in the Functional Materials segment due to expanded sales of water-soluble polymers and the effect of the weaker yen.