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Presentation materials for financial results4109STELLA CHEMIFA CORPORATIONMaterials and Chemicals

Financial Results Presentation for the Fiscal Year Ending March 2026 (83rd Fiscal Year)

In FY2026, revenue and operating profit exceeded the previous fiscal year, driven by higher shipments of semiconductors and electronic materials, price pass-through, and increased handling volumes and improved profitability in the transportation business. For FY2027, the company expects higher revenue and operating profit, based on increased overseas semiconductor shipments and price pass-through.

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Wording
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Contents of this document

Presentation materials for financial resultsFiscal year ending March 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥36,799 million+1.4%
Operating profit¥4,644 million+7.1%
Ordinary income¥4,424 million+6.3%
Net income¥3,058 million+5.7%
Operating profit marginQuarterly operating margins for FY2026: Q1 13.9%, Q2 13.6%, Q3 12.2%, Q4 10.9%. Year-on-year change factors: not disclosed
Results for the three months of the current quarterFY2026: Q1 revenue ¥8,795 million, operating profit ¥1,222 million, operating margin 13.9%; Q2 revenue ¥9,361 million, operating profit ¥1,276 million, operating margin 13.6%; Q3 revenue ¥8,806 million, operating profit ¥1,078 million, operating margin 12.2%; Q4 revenue ¥9,835 million, operating profit ¥1,067 million, operating margin 10.9%
Full-year earnings forecast
Fiscal year ending March 2027
Net Sales
¥39,100 million
Operating profit
¥4,800 million
Ordinary income
¥4,900 million
Net income
¥3,400 million
Earnings per share
¥278.55
Annual Dividend
¥180 per share
ROE
7 %
Capital expenditures
¥4,600 million
Depreciation and amortization
¥3,150 million
Research and development costs
¥820 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
FY2026 operating profit versus the previous fiscal yearSales volume +¥260 million, price −¥40 million, other −¥175 million, other businesses and eliminations +¥261 million
FY2027 forecast operating profit versus the previous fiscal yearSales volume +¥1,000 million, price −¥450 million, other −¥373 million, other businesses and eliminations −¥21 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Increased overseas shipment volumes in the Semiconductor segment
  • The Energy segment remains at the same level as in FY2026
  • Cost increases resulting from higher raw material prices and other factors
  • The impact of the situation in the Middle East is not incorporated into the FY2027 forecast
New initiatives
  • Completion of development and customer sample work for a high-selectivity etchant for semiconductors with greater selectivity than existing products
  • Development of cell culture vessels and PR activities aimed at sales in FY2027
  • Expansion of synthesis examples for high-value-added organofluorine compounds
  • Development of cathode active-material coating materials for liquid-electrolyte and all-solid-state LiB applications
Key KPIsA metric the company considers important as a management benchmark.
  • High-purity hydrofluoric acid (semiconductors) shipment volume73,800 t
    Year on year against the same period last yearIncreased from 72,500t in the previous fiscal year
  • Average import trade price of hydrofluoric acid from China307 Yen/kg
    Year on year against the same period last yearIncreased from ¥292/kg in the previous fiscal year
  • Overseas sales as a percentage of high-purity chemicals revenue56.4 %
  • Projected overseas sales ratio for FY202758 %
    Year on year against the same period last yearIncreased from the actual 56.4% in FY2026
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Shipment volumes of high-purity hydrofluoric acid and import trade prices for hydrofluoric acid are presented, but this is not a performance breakdown based on the combination of unit price and volume for the same product
Segment results
High-purity chemicals
Net Sales
¥31,786 million+0.8%
Operating profit
¥3,592 million+1.3%
Transportation
Net Sales
¥4,892 million+5.5%
Operating profit
¥1,045 million+31.6%
Other
Net Sales
¥120 million+3.5%
Operating profit
¥28 million+54.7%
Financial targets
ROE: 6.6% actual for FY2026 and 7.0% forecast for FY2027. D/E ratio: 0.12x in FY2026. A specific target has not been disclosed
Number of stores and locations
The locations of sales, production, and R&D sites are provided. The number of stores at fiscal year-end and the number of openings and closures during the fiscal year are not disclosed
Number of employees
Number of Employees293 People
Changes during the period and hiring planThe company states that it is promoting new graduate recruitment, but headcount targets are not disclosed
Capital expenditures
¥4,235 million
Annual Dividend
Fiscal year ending March 2026
Annual¥180 per share
BreakdownRegular dividend of ¥170 and 110th anniversary commemorative dividend of ¥10
Forecast for the fiscal year ending March 2027
Annual¥180 per share
Payout ratio
Not disclosed. The company targets a total payout ratio of at least 100% on a cumulative basis for the 3-year period from FY2026 through FY2028
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥36,799 million (YoY +1.4%)
Operating profit¥4,644 million (YoY +7.1%)
Ordinary income¥4,424 million (YoY +6.3%)
Net income¥3,058 million (YoY +5.7%)
Operating profit marginQuarterly operating margins for FY2026: Q1 13.9%, Q2 13.6%, Q3 12.2%, Q4 10.9%. Year-on-year change factors: not disclosed
Results for the three months of the current quarterFY2026: Q1 revenue ¥8,795 million, operating profit ¥1,222 million, operating margin 13.9%; Q2 revenue ¥9,361 million, operating profit ¥1,276 million, operating margin 13.6%; Q3 revenue ¥8,806 million, operating profit ¥1,078 million, operating margin 12.2%; Q4 revenue ¥9,835 million, operating profit ¥1,067 million, operating margin 10.9%
Full-year earnings forecastFiscal year ending March 2027 Net Sales ¥39,100 million / Operating profit ¥4,800 million / Ordinary income ¥4,900 million / Net income ¥3,400 million / Earnings per share ¥278.55 / Annual Dividend ¥180 per share / ROE 7 % / Capital expenditures ¥4,600 million / Depreciation and amortization ¥3,150 million / Research and development costs ¥820 million
Segment resultsHigh-purity chemicals Net Sales ¥31,786 million (YoY +0.8%) / Operating profit ¥3,592 million (YoY +1.3%) / Transportation Net Sales ¥4,892 million (YoY +5.5%) / Operating profit ¥1,045 million (YoY +31.6%) / Other Net Sales ¥120 million (YoY +3.5%) / Operating profit ¥28 million (YoY +54.7%)
Breakdown of Factors Affecting the ChangeFY2026 operating profit versus the previous fiscal year Sales volume +¥260 million, price −¥40 million, other −¥175 million, other businesses and eliminations +¥261 million / FY2027 forecast operating profit versus the previous fiscal year Sales volume +¥1,000 million, price −¥450 million, other −¥373 million, other businesses and eliminations −¥21 million
Key KPIsIndicator name High-purity hydrofluoric acid (semiconductors) shipment volume / Value 73,800 t / Year on year against the same period last year Increased from 72,500t in the previous fiscal year, Indicator name Average import trade price of hydrofluoric acid from China / Value 307 Yen/kg / Year on year against the same period last year Increased from ¥292/kg in the previous fiscal year, Indicator name Overseas sales as a percentage of high-purity chemicals revenue / Value 56.4 % / Year on year against the same period last year Not disclosed, Indicator name Projected overseas sales ratio for FY2027 / Value 58 % / Year on year against the same period last year Increased from the actual 56.4% in FY2026
Unit price and quantity metricsShipment volumes of high-purity hydrofluoric acid and import trade prices for hydrofluoric acid are presented, but this is not a performance breakdown based on the combination of unit price and volume for the same product
Number of stores and locationsThe locations of sales, production, and R&D sites are provided. The number of stores at fiscal year-end and the number of openings and closures during the fiscal year are not disclosed
Number of employeesNumber of Employees 293 People / Changes during the period and hiring plan The company states that it is promoting new graduate recruitment, but headcount targets are not disclosed
Assumptions Underlying the Business OutlookIncreased overseas shipment volumes in the Semiconductor segment, The Energy segment remains at the same level as in FY2026, Cost increases resulting from higher raw material prices and other factors, The impact of the situation in the Middle East is not incorporated into the FY2027 forecast
Financial targetsROE: 6.6% actual for FY2026 and 7.0% forecast for FY2027. D/E ratio: 0.12x in FY2026. A specific target has not been disclosed
Annual DividendFiscal year ending March 2026 Annual ¥180 per share / Breakdown Regular dividend of ¥170 and 110th anniversary commemorative dividend of ¥10 / Forecast for the fiscal year ending March 2027 Annual ¥180 per share / Breakdown Not disclosed
Payout ratioNot disclosed. The company targets a total payout ratio of at least 100% on a cumulative basis for the 3-year period from FY2026 through FY2028
Capital expenditures¥4,235 million
New initiativesCompletion of development and customer sample work for a high-selectivity etchant for semiconductors with greater selectivity than existing products, Development of cell culture vessels and PR activities aimed at sales in FY2027, Expansion of synthesis examples for high-value-added organofluorine compounds, Development of cathode active-material coating materials for liquid-electrolyte and all-solid-state LiB applications
Items this document does not state (10)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesOrders 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.

In FY2026, higher shipment volumes in the Semiconductor and Electronic Materials segments, price pass-through in the Semiconductor and General Products segments, and increased transportation volumes and improved profitability in the Transportation business contributed to higher revenue and profit. Higher raw material prices and increased expenses put downward pressure on profit. In FY2027, the company assumes that cost increases resulting from higher raw material prices and other factors will be absorbed through price pass-through and increased overseas shipment volumes in the Semiconductor segment.

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Financial Results Presentation for the Fiscal Year Ending March 2026 (83rd Fiscal Year) | STELLA CHEMIFA CORPORATION (4109) timely disclosure | Komori