Results for this period
Full year1 April 2025 to 31 March 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.
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.
Net sales decreased by ¥43.5 billion, as the ¥48.4 billion decline attributable to price differences outweighed the ¥4.9 billion increase attributable to volume differences. Operating income decreased by ¥3.4 billion, despite ¥4.9 billion of positive impact from volume differences and ¥3.8 billion from terms of trade, due mainly to ¥12.1 billion of negative impact from fixed-cost differences and other factors. The main factors were lower selling prices resulting from declines in naphtha prices and overseas market conditions for major products, lower shipments, deterioration in inventory valuation differences, and higher fixed costs.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥1,019,917 million (YoY -4.1%) |
| Operating profit | ¥95,532 million (YoY -3.4%) |
| Ordinary income | ¥106,752 million (YoY +3.6%) |
| Profit attributable to owners of the parent | ¥41,615 million (YoY -28.3%) |
| Net income per share | ¥132.40 |
| Operating Margin | 9.4% |
| Equity ratio | End of the current fiscal period 59.0% / End of previous period 62.3% |
| Total assets | ¥1,408,950 million |
| Net assets | ¥919,141 million |
| Cash flows from operating activities | ¥114,556 million |
| Cash flows from investing activities | ¥-72,126 million |
| Cash flows from financing activities | ¥-9,714 million |
| Cash and cash equivalents at end of period | ¥176,571 million |
| Full-year earnings forecast | Net Sales Undecided / Operating profit Undecided / Ordinary income Undecided / Net income Undecided |
| Annual Dividend Forecast | ¥100.00 → ¥100.00（0.0%） |
| Payout ratio | 75.5% |
| Shareholder Return Policy | Targeting a total payout ratio of 50%, with annual dividends of at least ¥100 per share. If the dividend payout ratio is below 50%, the company will seek to achieve a total payout ratio of 50% through share repurchases. The company also plans to repurchase ¥50 billion of its own shares over three years. |
| Segment revenue | Petrochemicals ¥169,740 million (YoY -17.1%) / Chlor-Alkali ¥345,967 million (YoY -7.4%) / Functional Products ¥272,858 million (YoY +0.9%) / Engineering ¥186,412 million (YoY +10.1%) |
| Segment profit | Petrochemicals ¥9,716 million (YoY -32.0%) / Chlor-Alkali ¥1,915 million (YoY -79.8%) / Functional Products ¥39,933 million (YoY +3.4%) / Engineering ¥40,383 million (YoY +20.1%) |
| Regional sales | Japan ¥506,333 million / Asia and China ¥129,187 million / Asia and other ¥234,290 million / Other regions ¥150,106 million |
| Depreciation and amortization | ¥48,081 million |
| Impairment loss | ¥19,572 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥34 million, Gain on sale of investment securities ¥3,894 million, Gain on sale of shares in an affiliated company ¥69 million / Extraordinary loss Loss on sale of fixed assets ¥4 million, Loss on Disposal of Fixed Assets ¥1,677 million, Loss on sale of investment securities ¥176 million, Impairment Losses ¥19,572 million |
| 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 No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | At a meeting of the Board of Directors held on 21 April 2026, the company resolved to change its reporting segments. Starting from the fiscal year ending March 2027, the four existing segments—Petrochemicals, Chlor-Alkali, Functional Products, and Engineering—will be changed to five segments: Basic Materials, Value-Added Materials, Bioscience, High-Performance Materials, and Water Treatment Engineering. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 325,080,956 |
| Treasury Shares at Period-End | 17,190,410 |
| Factors Behind Changes in Business Performance | Net sales decreased by ¥43.5 billion, as the ¥48.4 billion decline attributable to price differences outweighed the ¥4.9 billion increase attributable to volume differences. Operating income decreased by ¥3.4 billion, despite ¥4.9 billion of positive impact from volume differences and ¥3.8 billion from terms of trade, due mainly to ¥12.1 billion of negative impact from fixed-cost differences and other factors. The main factors were lower selling prices resulting from declines in naphtha prices and overseas market conditions for major products, lower shipments, deterioration in inventory valuation differences, and higher fixed costs. |
Items this document does not state (2)
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 decreased primarily because selling prices declined in line with lower naphtha prices and weaker overseas market conditions for major products. Operating income decreased despite higher engineering business sales and improved terms of trade resulting from lower raw material and fuel prices, due to a deterioration in inventory valuation differences and higher fixed costs. Ordinary income increased as non-operating income and expenses improved following the recognition of foreign exchange gains. Net income attributable to owners of the parent decreased because of an impairment loss on fixed assets at TOSOH SMD, Inc. The forecast for the next fiscal year remains undetermined because production plans, raw material and fuel costs, and demand are subject to numerous uncertainties stemming from the worsening situation in the Middle East, making a reasonable estimate difficult.