Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
128
¥100 million (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥67,077 million+23.6%
Operating profit¥15,074 million+53.8%
Ordinary income¥15,374 million+56.2%
Net income¥11,725 million +55.8%profit attributable to owners of the parent
Results for the three months of the current quarter
Net Sales
¥67,077 million
Operating profit
¥15,074 million
Ordinary income
¥15,374 million
Net income
¥11,725 million
Full-year earnings forecast
Net Sales
¥261,000 million
Operating profit
¥52,200 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。not disclosed (progress against the first-half plan was stated as 53.7% for revenue, 62.0% for operating profit, 60.3% for ordinary profit and 73.3% for quarterly net income attributable to owners of the parent, among other figures)
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Changes in sales, product mix and other factors+¥7.5 billion
- Impact of foreign exchange movements and selling price adjustments-¥0.5 billion
- Higher expenses-¥1.8 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Assumed Exchange RatesDetails¥148.6 per dollar for FY2025 and ¥150.0 per dollar for FY2026
- DemandDetailsAn increase in demand related to generative AI is expected
- New customer plantsDetailsOperations are expected to commence
New initiatives
- Measures including passing higher raw material costs through to product prices
Segment results
- Electronics Functional MaterialsNet Sales¥35,795 million
- High-purity chemicalsNet Sales¥29,986 million
- OtherNet Sales¥1,295 million
Capital expenditures
¥9,178 million Q1 FY2026 actual
Annual Dividend
Annual Dividend¥80 per share
Interim Dividend¥40 per share
Payout ratio
not disclosed (the dividend policy states that a DOE of 4.0% is the target)| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥67,077 million (YoY +23.6%) |
| Operating profit | ¥15,074 million (YoY +53.8%) |
| Ordinary income | ¥15,374 million (YoY +56.2%) |
| Net income | ¥11,725 million (profit attributable to owners of the parent) (YoY +55.8%) |
| Results for the three months of the current quarter | Net Sales ¥67,077 million / Operating profit ¥15,074 million / Ordinary income ¥15,374 million / Net income ¥11,725 million |
| Full-year earnings forecast | Net Sales ¥261,000 million / Operating profit ¥52,200 million |
| Progress against full-year forecast | not disclosed (progress against the first-half plan was stated as 53.7% for revenue, 62.0% for operating profit, 60.3% for ordinary profit and 73.3% for quarterly net income attributable to owners of the parent, among other figures) |
| Segment results | Segment Electronics Functional Materials / Net Sales ¥35,795 million / yoy_pct 29, Segment High-purity chemicals / Net Sales ¥29,986 million / yoy_pct 17.2, Segment Other / Net Sales ¥1,295 million / yoy_pct 40 |
| Breakdown of Factors Affecting the Change | Factors Changes in sales, product mix and other factors / Amount +¥7.5 billion, Factors Impact of foreign exchange movements and selling price adjustments / Amount -¥0.5 billion, Factors Higher expenses / Amount -¥1.8 billion |
| Assumptions Underlying the Business Outlook | Item Assumed Exchange Rates / Details ¥148.6 per dollar for FY2025 and ¥150.0 per dollar for FY2026, Item Demand / Details An increase in demand related to generative AI is expected, Item New customer plants / Details Operations are expected to commence |
| Annual Dividend | Annual Dividend ¥80 per share / Interim Dividend ¥40 per share / Year-end dividend Not disclosed |
| Payout ratio | not disclosed (the dividend policy states that a DOE of 4.0% is the target) |
| Capital expenditures | ¥9,178 million (Q1 FY2026 actual) |
| New initiatives | Measures including passing higher raw material costs through to product prices |
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.Although smartphone demand remained sluggish, demand related to generative AI continued to perform well, resulting in higher revenue from both electronic functional materials and high-purity chemicals. Operating profit increased as a result of higher revenue.
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.