Komori
Earnings4098Titan Kogyo ,Ltd.Materials and Chemicals

Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In Q1 FY ending March 2027, revenue decreased 1.8% year on year to ¥2,082 million, while operating income improved 11.5% to ¥109 million. Net income attributable to owners of the parent deteriorated, declining 56.7% to ¥27 million.

Worth reading
57In focus
Scored from 3 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1.8
Year-on-year change in net sales (%)
Wording
Definitive
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales2,082¥ millionYear on year -1.8%
Operating profit109¥ millionYear on year +11.5%
Ordinary income96¥ millionYear on year +6.6%
Net income attributable to owners of the parent27¥ millionYear on year -56.7%

The 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.

Financial position at period-end
Total assets13,523¥ million
of which net assets 5,898 ¥ million

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Segment revenue
Titanium dioxide-related business1,14755.1%-10.1%
Iron oxide-related business93444.9%+10.7%
Segment profit
Titanium dioxide-related business2321.9%-2.2%
Iron oxide-related business8278.1%+15.0%
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
Year-on-year changeNot disclosed
RemarksNo change from the earnings forecast announced on 15 May 2026
Revision to Earnings ForecastNo change
Factors Behind Changes in Business Performance

In the titanium dioxide-related business, delays in shipments of some products for cosmetic applications, lower revenue and surging prices for major raw materials and fuels. In the iron oxide-related business, increased shipments of products for cosmetic applications and brake pad applications, higher revenue and other factors.

Disclosure regarding the going concern assumption

No applicable matters.

Impairment lossAmount No applicable matters. / Subject assets No applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount Not disclosed / Extraordinary loss Not disclosed
Depreciation and amortization¥176 million
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥2,082 million (YoY -1.8%)
Operating profit¥109 million (YoY +11.5%)
Ordinary income¥96 million (YoY +6.6%)
Profit attributable to owners of the parent¥27 million (YoY -56.7%)
Total assets¥13,523 million
Net assets¥5,898 million
Full-year earnings forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Year-on-year change Not disclosed / Remarks No change from the earnings forecast announced on 15 May 2026
Revision to Earnings ForecastNo change
Segment revenueTitanium dioxide-related business ¥1,147 million (YoY -10.1%) / Iron oxide-related business ¥934 million (YoY +10.7%)
Segment profitTitanium dioxide-related business ¥23 million (YoY -2.2%) / Iron oxide-related business ¥82 million (YoY +15.0%)
Depreciation and amortization¥176 million
Impairment lossAmount No applicable matters. / Subject assets No applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount Not disclosed / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters.
Factors Behind Changes in Business PerformanceIn the titanium dioxide-related business, delays in shipments of some products for cosmetic applications, lower revenue and surging prices for major raw materials and fuels. In the iron oxide-related business, increased shipments of products for cosmetic applications and brake pad applications, higher revenue and other factors.
Items this document does not state (19)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

In the titanium dioxide-related business, shipments of products for lithium-ion rechargeable batteries increased, but shipment timing for some products for cosmetic applications was delayed, resulting in lower revenue. Operating income also declined due to surging prices for major raw materials and fuels. In the iron oxide-related business, shipments of products for toner applications declined, but shipments of products for cosmetic applications and brake pad applications increased, and operating income rose due mainly to higher revenue. No specific reason was given for the decrease in net income attributable to owners of the parent.

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.
Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Titan Kogyo ,Ltd. (4098) timely disclosure | Komori