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Results4098Titan Kogyo ,Ltd.Materials and Chemicals

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

In the interim period of the fiscal year ending March 2027, net sales increased 0.1% year on year to ¥4,118 million, while operating profit fell 32.9% to ¥88 million and interim net income attributable to owners of the parent fell 87.4% to ¥10 million.

Worth reading
61In focus
Scored from 3 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
32.9
Year-on-year change in operating profit (%)
Wording
Definitive
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales4,118Millions of yenYear on year +0.1%
Operating profit88Millions of yenYear on year -32.9%
Ordinary income56Millions of yenYear on year -45.9%
Net income attributable to owners of the parent10Millions of yenYear on year -87.4%

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 assets13,526Millions of yen
of which net assets 5,972 Millions of yen

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

Segment revenueTitanium dioxide-related business 2,421 Millions of yen (YoY -4.2%), Iron oxide-related business 1,696 Millions of yen (YoY +7.0%)
Segment profitTitanium dioxide-related business -54 Millions of yen, Iron oxide-related business 138 Millions of yen (YoY +4.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
NotesNo change from the earnings forecast announced on 15 May 2026
Factors Behind Changes in Business Performance

In the titanium dioxide-related business, shipments of products for lithium-ion secondary batteries increased, but shipments of products for toner external additives declined, resulting in an operating loss due to lower net sales and soaring prices for key raw materials and fuels. In the iron oxide-related business, shipments of products for toner declined, but shipments of products for cosmetics and brake pads increased, resulting in higher profit due to increased net sales and other factors.

Disclosure regarding the going concern assumption

No applicable items

Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income None recorded / Extraordinary loss Loss on disposal of fixed assets 2 Millions of yen
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales4,118 Millions of yen (YoY +0.1%)
Operating profit88 Millions of yen (YoY -32.9%)
Ordinary income56 Millions of yen (YoY -45.9%)
Profit attributable to owners of the parent10 Millions of yen (YoY -87.4%)
Total assets13,526 Millions of yen
Net assets5,972 Millions of yen
Full-year earnings forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes No change from the earnings forecast announced on 15 May 2026
Segment revenueTitanium dioxide-related business 2,421 Millions of yen (YoY -4.2%), Iron oxide-related business 1,696 Millions of yen (YoY +7.0%)
Segment profitTitanium dioxide-related business -54 Millions of yen, Iron oxide-related business 138 Millions of yen (YoY +4.4%)
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income None recorded / Extraordinary loss Loss on disposal of fixed assets 2 Millions of yen
Disclosure regarding the going concern assumptionNo applicable items
Factors Behind Changes in Business PerformanceIn the titanium dioxide-related business, shipments of products for lithium-ion secondary batteries increased, but shipments of products for toner external additives declined, resulting in an operating loss due to lower net sales and soaring prices for key raw materials and fuels. In the iron oxide-related business, shipments of products for toner declined, but shipments of products for cosmetics and brake pads increased, resulting in higher profit due to increased net sales and other factors.
Items this document does not state (21)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationChange 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 toner external additives declined and prices for key raw materials and fuels rose. In the iron oxide-related business, shipments of products for cosmetics and brake pads increased. Overall, the factors cited included soaring raw material and fuel prices and the impact of US trade policy.

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