Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 May 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.
The outlook has exceeded the previous forecast due to the semiconductor market remaining firm amid the spread of generative AI and data center expansion, growing demand for high-purity phosphoric acid for semiconductors and high-purity inorganic materials for compound semiconductors, the capacity expansion facilities for high-purity phosphoric acid at the consolidated subsidiary in Taiwan starting up earlier than expected, and contributions from spot sales of gallium. For the full year, although higher costs for phosphoric acid’s main raw materials and other inputs are expected to have an impact, demand for high-purity phosphoric acid for semiconductors is expected to remain strong, while sales of high-purity inorganic materials are expected to remain at a high level.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 26,000 / Full year 54,000 → Second quarter (interim period) 28,700 / Full year 62,000（Second quarter (interim period) 10.4 / Full year 14.8） |
| Operating profit | Second quarter (interim period) 2,800 / Full year 6,200 → Second quarter (interim period) 3,450 / Full year 7,400（Second quarter (interim period) 23.2 / Full year 19.4） |
| Ordinary income | Second quarter (interim period) 2,900 / Full year 6,300 → Second quarter (interim period) 3,600 / Full year 7,600（Second quarter (interim period) 24.1 / Full year 20.6） |
| Profit attributable to owners of the parent | Second quarter (interim period) 2,000 / Full year 4,300 → Second quarter (interim period) 2,500 / Full year 5,200（Second quarter (interim period) 25 / Full year 20.9） |
| Net income per share | Second quarter (interim period) 51.2 / Full year 110.08 → Second quarter (interim period) 63.98 / Full year 133.08 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Second quarter (interim period) Revenue: ¥22,698 million; operating profit: ¥2,860 million; ordinary profit: ¥2,950 million; interim net income attributable to owners of the parent: ¥2,046 million; interim net income per share: ¥52.41 / Full year Revenue: ¥47,727 million; operating profit: ¥6,012 million; ordinary profit: ¥6,191 million; net income attributable to owners of the parent: ¥4,359 million; net income per share: ¥111.63 |
| Reason for the revision | The outlook has exceeded the previous forecast due to the semiconductor market remaining firm amid the spread of generative AI and data center expansion, growing demand for high-purity phosphoric acid for semiconductors and high-purity inorganic materials for compound semiconductors, the capacity expansion facilities for high-purity phosphoric acid at the consolidated subsidiary in Taiwan starting up earlier than expected, and contributions from spot sales of gallium. For the full year, although higher costs for phosphoric acid’s main raw materials and other inputs are expected to have an impact, demand for high-purity phosphoric acid for semiconductors is expected to remain strong, while sales of high-purity inorganic materials are expected to remain at a high level. |
| Dividend forecast revision | The year-end dividend forecast has been increased by ¥7 per share, from ¥18 to ¥25, and the annual dividend forecast has been revised from ¥36 to ¥43. |
| 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.The outlook for results has exceeded the previous forecast due to the semiconductor market remaining firm amid the spread of generative AI and data center expansion, growing demand for high-purity phosphoric acid and high-purity inorganic materials for semiconductors, the early start-up of high-purity phosphoric acid facilities at the consolidated subsidiary in Taiwan, and spot sales of gallium. The dividend revision reflects comprehensive consideration of the upward revision to the earnings forecast and the company’s recent financial condition.