Worth reading
64In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
38
¥100 million (increase in first-quarter revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales856 Hundreds of millions of yen+5.0%
Operating profit60 Hundreds of millions of yen-23.0%
Ordinary income67 Hundreds of millions of yen-12.0%
Net income¥52 100 million +6.0%quarterly net income attributable to owners of the parent
Selling, general and administrative expenses238 Hundreds of millions of yen
Results for the three months of the current quarter
Consolidated
Net Sales
856 Hundreds of millions of yen
Operating profit
60 Hundreds of millions of yen
Ordinary income
67 Hundreds of millions of yen
Net income
52 Hundreds of millions of yen
Segment
Chemical Products
Net Sales
246 Hundreds of millions of yen
Operating profit
5 Hundreds of millions of yen
Cement
Net Sales
160 Hundreds of millions of yen
Operating profit
25 Hundreds of millions of yen
Advanced Electronic Materials
Net Sales
223 Hundreds of millions of yen
Operating profit
31 Hundreds of millions of yen
Life Science
Net Sales
146 Hundreds of millions of yen
Operating profit
26 Hundreds of millions of yen
Environmental Business
Net Sales
10 Hundreds of millions of yen
Operating profit
0 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
3,920 Hundreds of millions of yen
Operating profit
340 Hundreds of millions of yen
Ordinary income
340 Hundreds of millions of yen
Net income
¥260 100 million net income attributable to owners of the parent
Earnings per share
¥361.38
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Higher naphtha prices-36 Hundreds of millions of yen
- Lower chemical volumes-7 Hundreds of millions of yen
- Higher petrochemical product prices30 Hundreds of millions of yen
- Changes in material consumption, operating rates and other factors-14 Hundreds of millions of yen
- Other regions8 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Foreign exchange¥160 /$
- Domestic naphtha price (first-quarter actual)¥116,500 /kL
- Domestic naphtha price (second to fourth quarter forecast)¥86,000 /kL
New initiatives
- Transfer of the domestic sales business for cement and solidifying materials
- Construction of Phase 2 of the high-purity IPA FTAC facility
- Conversion to cullet fuel
- Promotion of in-vitro diagnostic reagent development
- Launch of new products for plastic lens-related materials
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio49.7 %
- D/E ratio0.57 times
- Net debt-to-equity ratio0.4 times
- Quarterly earnings per share¥72.34
Segment results
Chemical Products
Net Sales
246 Hundreds of millions of yen
Revenue_yoy_pct-10
Operating profit
5 Hundreds of millions of yen
Operating profit_yoy_pct-81
Cement
Net Sales
160 Hundreds of millions of yen
Revenue_yoy_pct0
Operating profit
25 Hundreds of millions of yen
Operating profit_yoy_pct1
Advanced Electronic Materials
Net Sales
223 Hundreds of millions of yen
Revenue_yoy_pct5
Operating profit
31 Hundreds of millions of yen
Operating profit_yoy_pct11
Life Science
Net Sales
146 Hundreds of millions of yen
Revenue_yoy_pct61
Operating profit
26 Hundreds of millions of yen
Operating profit_yoy_pct55
Environmental Business
Net Sales
10 Hundreds of millions of yen
Revenue_yoy_pct-26
Operating profit
0 Hundreds of millions of yen
Other
Net Sales
97 Hundreds of millions of yen
Revenue_yoy_pct4
Operating profit
2 Hundreds of millions of yen
Financial targets
DOE
Target value4 %
Target fiscal yearFY2030
Equity ratio
Actual value49.7 %
Debt-to-equity ratio
Actual value0.57 times
Market Size / Share
Domestic cement demand
3,000 10,000 tonnes/year
Capital expenditures
461 Hundreds of millions of yen
Annual Dividend
Annual dividend amount
¥132 per share
Interim
¥60 per share
End of period
¥72 per share
Payout ratio
36.5 %
DOE
3.4 %
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | 856 Hundreds of millions of yen (YoY +5.0%) |
| Operating profit | 60 Hundreds of millions of yen (YoY -23.0%) |
| Ordinary income | 67 Hundreds of millions of yen (YoY -12.0%) |
| Net income | ¥52 100 million (quarterly net income attributable to owners of the parent) (YoY +6.0%) |
| Selling, general and administrative expenses | 238 Hundreds of millions of yen |
| Results for the three months of the current quarter | Consolidated Net Sales 856 Hundreds of millions of yen / Operating profit 60 Hundreds of millions of yen / Ordinary income 67 Hundreds of millions of yen / Net income 52 Hundreds of millions of yen / Segment Chemical Products Net Sales 246 Hundreds of millions of yen / Operating profit 5 Hundreds of millions of yen / Cement Net Sales 160 Hundreds of millions of yen / Operating profit 25 Hundreds of millions of yen / Advanced Electronic Materials Net Sales 223 Hundreds of millions of yen / Operating profit 31 Hundreds of millions of yen / Life Science Net Sales 146 Hundreds of millions of yen / Operating profit 26 Hundreds of millions of yen / Environmental Business Net Sales 10 Hundreds of millions of yen / Operating profit 0 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 3,920 Hundreds of millions of yen / Operating profit 340 Hundreds of millions of yen / Ordinary income 340 Hundreds of millions of yen / Net income ¥260 100 million (net income attributable to owners of the parent) / Earnings per share ¥361.38 |
| Segment results | Chemical Products Net Sales 246 Hundreds of millions of yen / Revenue_yoy_pct -10 / Operating profit 5 Hundreds of millions of yen / Operating profit_yoy_pct -81 / Cement Net Sales 160 Hundreds of millions of yen / Revenue_yoy_pct 0 / Operating profit 25 Hundreds of millions of yen / Operating profit_yoy_pct 1 / Advanced Electronic Materials Net Sales 223 Hundreds of millions of yen / Revenue_yoy_pct 5 / Operating profit 31 Hundreds of millions of yen / Operating profit_yoy_pct 11 / Life Science Net Sales 146 Hundreds of millions of yen / Revenue_yoy_pct 61 / Operating profit 26 Hundreds of millions of yen / Operating profit_yoy_pct 55 / Environmental Business Net Sales 10 Hundreds of millions of yen / Revenue_yoy_pct -26 / Operating profit 0 Hundreds of millions of yen / Operating profit_yoy_pct Not disclosed / Other Net Sales 97 Hundreds of millions of yen / Revenue_yoy_pct 4 / Operating profit 2 Hundreds of millions of yen / Operating profit_yoy_pct Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Higher naphtha prices / Amount -36 Hundreds of millions of yen, Factors Lower chemical volumes / Amount -7 Hundreds of millions of yen, Factors Higher petrochemical product prices / Amount 30 Hundreds of millions of yen, Factors Changes in material consumption, operating rates and other factors / Amount -14 Hundreds of millions of yen, Factors Other regions / Amount 8 Hundreds of millions of yen |
| Key KPIs | Indicator name Equity ratio / Value 49.7 % / Year on year against the same period last year Not disclosed, Indicator name D/E ratio / Value 0.57 times / Year on year against the same period last year Not disclosed, Indicator name Net debt-to-equity ratio / Value 0.4 times / Year on year against the same period last year Not disclosed, Indicator name Quarterly earnings per share / Value ¥72.34 / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Item Foreign exchange / Value ¥160 /$, Item Domestic naphtha price (first-quarter actual) / Value ¥116,500 /kL, Item Domestic naphtha price (second to fourth quarter forecast) / Value ¥86,000 /kL |
| Financial targets | DOE Target value 4 % / Target fiscal year FY2030 / Equity ratio Actual value 49.7 % / Debt-to-equity ratio Actual value 0.57 times |
| Annual Dividend | Annual dividend amount ¥132 per share / Interim ¥60 per share / End of period ¥72 per share |
| Payout ratio | 36.5 % |
| Capital expenditures | 461 Hundreds of millions of yen |
| Market Size / Share | Domestic cement demand 3,000 10,000 tonnes/year |
| New initiatives | Transfer of the domestic sales business for cement and solidifying materials, Construction of Phase 2 of the high-purity IPA FTAC facility, Conversion to cullet fuel, Promotion of in-vitro diagnostic reagent development, Launch of new products for plastic lens-related materials |
Items this document does not state (12)
Gross Profit MarginOperating profit marginProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesOrders received and order backlogKey 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.The main factors behind the first-quarter revenue increase were the consolidation of the TLS Group and higher sales of semiconductor-related products. The decline in operating profit was due to lower chemical sales and higher raw material and fuel costs, among other factors. The expected full-year decline in operating profit is attributable to higher raw material and fuel costs. The Company announced its earnings forecast because it determined that uncertainty regarding the outlook for the volume and price of olefin procurement had been reduced to a certain extent and that the underlying assumptions could be estimated reasonably.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.