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Presentation materials for financial results4042TOSOH CORPORATIONMaterials and Chemicals

Earnings Presentation Materials for the First Quarter of Fiscal 2026

In the first quarter of FY2026, revenue increased by ¥29.0 billion year on year and operating income increased by ¥15.1 billion, resulting in higher revenue and operating income overall. The full-year forecast also calls for revenue of ¥1.17 trillion and operating income of ¥105.0 billion, both above the previous fiscal year's results.

Worth reading
70In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
151
¥100 million (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFY2026 First Quarter10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales2,742 Hundreds of millions of yen
Operating profit312 Hundreds of millions of yen
Ordinary income343 Hundreds of millions of yen
Net income¥195 100 million quarterly net income attributable to owners of the parent
Results for the three months of the current quarter
Net Sales
2,742 Hundreds of millions of yen
Operating profit
312 Hundreds of millions of yen
Ordinary income
343 Hundreds of millions of yen
Net income
¥195 100 million quarterly net income attributable to owners of the parent
Full-year earnings forecast
Net Sales
11,700 Hundreds of millions of yen
Operating profit
1,050 Hundreds of millions of yen
Ordinary income
1,070 Hundreds of millions of yen
Net income
¥590 100 million net income attributable to owners of the parent
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Volume variance64 Hundreds of millions of yen
Price difference227 Hundreds of millions of yen
Of which, foreign exchange impact84 Hundreds of millions of yen
Operating profit
Volume variance24 Hundreds of millions of yen
Terms of trade6 Hundreds of millions of yen
Fixed-cost variance and other factors121 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Exchange rate (JPY/USD)159.9 JPY/USD average during the TTM period
  • Exchange rate (JPY/EUR)185.1 JPY/EUR average during the TTM period
  • Domestic naphtha¥90,625 /KL
  • Benzene800～900
  • PVC750～850
  • VCM550～650
  • Liquid caustic soda350～450
  • MDI (monomeric)1,900～2,050
  • MDI (polymeric)1,900～2,050
New initiatives
  • Segment structure change from FY2026
  • ¥50.0 billion in share buybacks over 3 years as additional shareholder returns for FY2025–FY2027
Key KPIsA metric the company considers important as a management benchmark.
  • Number of consolidated companies104 companies
    Year on year against the same period last yearDown 1 company
  • Capital expenditures228 Hundreds of millions of yen
    Year on year against the same period last yearDown ¥3.0 billion
  • Depreciation122 Hundreds of millions of yen
    Year on year against the same period last yearUp ¥600 million
  • Research and development costs61 Hundreds of millions of yen
    Year on year against the same period last yearIncrease of ¥100 million
  • Interest-Bearing Debt2,888 Hundreds of millions of yen
    Year on year against the same period last yearUp ¥91.5 billion
  • Equity ratio57.3 %
    Year on year against the same period last yearDown 4.7 percentage points
  • Number of employees15,109 people
    Year on year against the same period last yearUp 232 people
Segment results
  • Chain business
    Net Sales1,677 Hundreds of millions of yen
    Operating profit139 Hundreds of millions of yen
  • Basic materials
    Net Sales1,248 Hundreds of millions of yen
    Operating profit57 Hundreds of millions of yen
  • Value-added materials
    Net Sales429 Hundreds of millions of yen
    Operating profit82 Hundreds of millions of yen
  • Advanced businesses
    Net Sales917 Hundreds of millions of yen
    Operating profit155 Hundreds of millions of yen
  • Bioscience
    Net Sales154 Hundreds of millions of yen
    Operating profit57 Hundreds of millions of yen
  • Advanced materials
    Net Sales343 Hundreds of millions of yen
    Operating profit32 Hundreds of millions of yen
  • Water treatment engineering
    Net Sales420 Hundreds of millions of yen
    Operating profit66 Hundreds of millions of yen
  • Other
    Net Sales148 Hundreds of millions of yen
    Operating profit19 Hundreds of millions of yen
Number of employees
Number of Employees15,109 people
Capital expenditures
¥228 100 million actual for the first quarter of FY2026
Annual Dividend
Annual dividend per share¥100
Interim¥50
End of period¥50
Payout ratio
52.2 %
Total payout ratioTargeted at 50% as a general policy
Acquisition of treasury shares
Buyback limit¥50.0 billion over 3 years (FY2025–FY2027)
PeriodFY2025–FY2027
Progress¥25.0 billion acquired in FY2025; the timing of the remaining ¥25.0 billion is under consideration
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFY2026 First Quarter
Net Sales2,742 Hundreds of millions of yen
Operating profit312 Hundreds of millions of yen
Ordinary income343 Hundreds of millions of yen
Net income¥195 100 million (quarterly net income attributable to owners of the parent)
Results for the three months of the current quarterNet Sales 2,742 Hundreds of millions of yen / Operating profit 312 Hundreds of millions of yen / Ordinary income 343 Hundreds of millions of yen / Net income ¥195 100 million (quarterly net income attributable to owners of the parent)
Full-year earnings forecastNet Sales 11,700 Hundreds of millions of yen / Operating profit 1,050 Hundreds of millions of yen / Ordinary income 1,070 Hundreds of millions of yen / Net income ¥590 100 million (net income attributable to owners of the parent)
Segment resultsSegment Chain business / Net Sales 1,677 Hundreds of millions of yen / Operating profit 139 Hundreds of millions of yen, Segment Basic materials / Net Sales 1,248 Hundreds of millions of yen / Operating profit 57 Hundreds of millions of yen, Segment Value-added materials / Net Sales 429 Hundreds of millions of yen / Operating profit 82 Hundreds of millions of yen, Segment Advanced businesses / Net Sales 917 Hundreds of millions of yen / Operating profit 155 Hundreds of millions of yen, Segment Bioscience / Net Sales 154 Hundreds of millions of yen / Operating profit 57 Hundreds of millions of yen, Segment Advanced materials / Net Sales 343 Hundreds of millions of yen / Operating profit 32 Hundreds of millions of yen, Segment Water treatment engineering / Net Sales 420 Hundreds of millions of yen / Operating profit 66 Hundreds of millions of yen, Segment Other / Net Sales 148 Hundreds of millions of yen / Operating profit 19 Hundreds of millions of yen
Breakdown of Factors Affecting the ChangeNet Sales Volume variance 64 Hundreds of millions of yen / Price difference 227 Hundreds of millions of yen / Of which, foreign exchange impact 84 Hundreds of millions of yen / Operating profit Volume variance 24 Hundreds of millions of yen / Terms of trade 6 Hundreds of millions of yen / Fixed-cost variance and other factors 121 Hundreds of millions of yen
Key KPIsIndicator name Number of consolidated companies / Value 104 companies / Year on year against the same period last year Down 1 company, Indicator name Capital expenditures / Value 228 Hundreds of millions of yen / Year on year against the same period last year Down ¥3.0 billion, Indicator name Depreciation / Value 122 Hundreds of millions of yen / Year on year against the same period last year Up ¥600 million, Indicator name Research and development costs / Value 61 Hundreds of millions of yen / Year on year against the same period last year Increase of ¥100 million, Indicator name Interest-Bearing Debt / Value 2,888 Hundreds of millions of yen / Year on year against the same period last year Up ¥91.5 billion, Indicator name Equity ratio / Value 57.3 % / Year on year against the same period last year Down 4.7 percentage points, Indicator name Number of employees / Value 15,109 people / Year on year against the same period last year Up 232 people
Number of employeesNumber of Employees 15,109 people / Change during the period Not disclosed / Hiring plan Not disclosed
Assumptions Underlying the Business OutlookIndicator Exchange rate (JPY/USD) / Value 159.9 JPY/USD (average during the TTM period), Indicator Exchange rate (JPY/EUR) / Value 185.1 JPY/EUR (average during the TTM period), Indicator Domestic naphtha / Value ¥90,625 /KL, Indicator Benzene / Value 800～900, Indicator PVC / Value 750～850, Indicator VCM / Value 550～650, Indicator Liquid caustic soda / Value 350～450, Indicator MDI (monomeric) / Value 1,900～2,050, Indicator MDI (polymeric) / Value 1,900～2,050
Annual DividendAnnual dividend per share ¥100 / Interim ¥50 / End of period ¥50
Payout ratioValue 52.2 % / Total payout ratio Targeted at 50% as a general policy
Acquisition of treasury sharesBuyback limit ¥50.0 billion over 3 years (FY2025–FY2027) / Period FY2025–FY2027 / Progress ¥25.0 billion acquired in FY2025; the timing of the remaining ¥25.0 billion is under consideration
Capital expenditures¥228 100 million (actual for the first quarter of FY2026)
New initiativesSegment structure change from FY2026, ¥50.0 billion in share buybacks over 3 years as additional shareholder returns for FY2025–FY2027
Items this document does not state (13)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Operating income increased due to higher naphtha prices and overseas market prices for major products amid heightened tensions in the Middle East, higher selling prices resulting from the weaker yen, an improvement in inventory valuation effects accompanying the rise in naphtha prices, and increased shipments of value-added materials and high-performance materials. Ordinary income also benefited from improved non-operating income and expenses due to the recognition of foreign exchange gains.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Earnings Presentation Materials for the First Quarter of Fiscal 2026 | TOSOH CORPORATION (4042) timely disclosure | Komori