Worth reading
51Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
44.1
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales15,371¥ millionYear on year +7.4%Progress 48.0%
Operating profit864¥ millionYear on year +44.1%Progress 57.6%
Ordinary income747¥ millionProgress 62.3%
Net income attributable to owners of the parent1,889¥ million
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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥325.61
Financial position at period-end
Total assets48,359¥ million
of which net assets 12,894 ¥ millionEquity ratio 25.3%vs. prior year-end +6.4pt
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.
Segment revenue
Functional pigments4,12526.4%+3.2%
Electronic materials11,52373.6%+9.1%
Segment profit
Functional pigments76933.6%+8.4%
Electronic materials1,52366.4%+18.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥32,000 million (YoY +14.1%)
Operating profit¥1,500 million (YoY +73.9%)
Ordinary income¥1,200 million
Profit attributable to owners of the parent¥2,100 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥32,000 million / Operating profit Not disclosed → ¥1,500 million / Ordinary income Not disclosed → ¥1,200 million / Profit attributable to owners of the parent Not disclosed → ¥2,100 million
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance
Expanded demand related to AI and semiconductors, increased demand for magnetic tape (LTO), and increased demand for dielectric materials for AI data centers and rare-earth bonded magnetic materials. The Company also recorded a gain on the sale of investments in affiliates following the transfer of Zhejiang Huayuan shares.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Not disclosed / Excluded Number of companies 2 / Company name Zhejiang Huayuan Applied New Materials Co., Ltd., BASF Toda Battery Materials G.K.
Impairment lossNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on disposal of fixed assets ¥49 million / Gain on sale of investments in affiliates ¥1,265 million / Government subsidies ¥67 million / Extraordinary loss Loss on disposal of fixed assets ¥1 million / Loss on reduction of fixed asset acquisition costs ¥66 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End6,099,192
Treasury Shares at Period-End276,388
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥15,371 million (YoY +7.4%) |
| Operating profit | ¥864 million (YoY +44.1%) |
| Ordinary income | ¥747 million |
| Profit attributable to owners of the parent | ¥1,889 million |
| Net income per share | ¥325.61 |
| Equity ratio | End of the current fiscal period 25.3 / End of previous period 18.9 |
| Total assets | ¥48,359 million |
| Net assets | ¥12,894 million |
| Full-year earnings forecast | Net Sales ¥32,000 million (YoY +14.1%) / Operating profit ¥1,500 million (YoY +73.9%) / Ordinary income ¥1,200 million / Profit attributable to owners of the parent ¥2,100 million |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥32,000 million / Operating profit Not disclosed → ¥1,500 million / Ordinary income Not disclosed → ¥1,200 million / Profit attributable to owners of the parent Not disclosed → ¥2,100 million |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Segment revenue | Functional pigments ¥4,125 million (YoY +3.2%) / Electronic materials ¥11,523 million (YoY +9.1%) |
| Segment profit | Functional pigments ¥769 million (YoY +8.4%) / Electronic materials ¥1,523 million (YoY +18.5%) |
| Impairment loss | Not applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets ¥49 million / Gain on sale of investments in affiliates ¥1,265 million / Government subsidies ¥67 million / Extraordinary loss Loss on disposal of fixed assets ¥1 million / Loss on reduction of fixed asset acquisition costs ¥66 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 Not disclosed / Excluded Number of companies 2 / Company name Zhejiang Huayuan Applied New Materials Co., Ltd., BASF Toda Battery Materials G.K. |
| 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 | 6,099,192 |
| Treasury Shares at Period-End | 276,388 |
| Factors Behind Changes in Business Performance | Expanded demand related to AI and semiconductors, increased demand for magnetic tape (LTO), and increased demand for dielectric materials for AI data centers and rare-earth bonded magnetic materials. The Company also recorded a gain on the sale of investments in affiliates following the transfer of Zhejiang Huayuan shares. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial subsequent events
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.All businesses grew due to expanded demand related to AI and semiconductors, increased demand for magnetic tape, and higher demand for dielectric and magnetic materials. In addition, the Company recorded a gain on the sale of investments in affiliates of ¥1,265 million as an extraordinary gain following the transfer of shares in Zhejiang Huayuan.
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.