Worth reading
57In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
90
¥100 million (estimated non-recurring income)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales2,037,094Millions of yenYear on year +13.2%
Operating profit199,677Millions of yenYear on year +130.9%Progress 60.9%
Ordinary income182,398Millions of yenYear on year +165.4%Progress 61.6%
Net income attributable to owners of the parent90,173Millions of yenYear on year -18.1%
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¥66.37
Financial position at period-end
Total assets5,802,105Millions of yen
of which net assets 2,501,112 Millions of yenEquity ratio 31.4%vs. prior year-end +1.4pt
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.
Cash inflows and outflows
Operating+157,798
Investment-94,902
Financials-164,020
Net change-101,124
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period424,060 Millions of yen
Segment revenue
Specialty Materials653,50132.1%
MMA & Derivatives200,1529.8%
Basic Materials388,27519.1%
Industrial gases733,18736.0%
Other61,9793.0%
Segment profit
Specialty Materials70,35934.2%
MMA & Derivatives8,9864.4%
Basic Materials14,1306.9%
Industrial gases107,67552.3%
Other4,6682.3%
Outlook and shareholder returns
Full-year earnings forecast
Revenue4,060,000 Millions of yen (YoY +9.6%)
Core operating profit340,000 Millions of yen (YoY +51.1%)
Operating profit328,000 Millions of yen (YoY +990.5%)
Ordinary income296,000 Millions of yen
Profit for the period222,000 Millions of yen (YoY +183.1%)
Profit attributable to owners of the parent145,000 Millions of yen
Revision to Earnings ForecastRevenue ¥38,000 hundred million → ¥40,600 hundred million（+6.8%） / Core operating profit ¥3,050 hundred million → ¥3,400 hundred million（+11.5%） / Operating profit ¥3,000 hundred million → ¥3,280 hundred million（+9.3%） / Profit for the period ¥2,000 hundred million → ¥2,220 hundred million（+11.0%） / Profit attributable to owners of the parent ¥1,270 hundred million → ¥1,450 hundred million（+14.2%） / Pretax profit ¥2,700 hundred million → ¥2,960 hundred million
Annual Dividend Forecast32 Yen → 32 Yen（0.0%）
Factors Behind Changes in Business Performance
Revenue increased due to higher selling prices, increased sales volumes, foreign exchange effects, and acquisitions and consolidation in the industrial gases business and other areas. Core operating profit increased due to improved trading margins resulting from higher selling prices and market conditions, increased sales volumes for semiconductor-related products and carbon fiber composite parts, price management, cost reductions, and improved inventory valuation gains and losses. Profit for the interim period attributable to owners of the parent declined, mainly because the profit from discontinued operations recorded in the year-earlier period was no longer present.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsThe Company decided to continue the carbon materials business, consisting of needle coke and pitch coke, which had been scheduled for withdrawal, in order to secure raw materials and quality for pitch-based carbon fiber. The Company will maintain and refurbish the equipment and continue production and sales, but expects to temporarily suspend operations in the second half of fiscal 2027 and resume operations in the second half of fiscal 2028. Non-recurring income of approximately ¥9 billion is expected from the reversal of restructuring provisions.
Impairment loss7,301 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment 13,675 / Gain on reversal of impairment losses 2,050 / Extraordinary loss Impairment loss 7,301 / Special retirement payments 3,165 / Loss on investments accounted for using the equity method 2,340 / Loss on disposal and sale of non-current assets 1,904 / Disaster-related losses 1,591 / Other 2,595
Depreciation and amortization140,067 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End1,441,467,207
Treasury Shares at Period-End82,713,687
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 2,037,094 Millions of yen (YoY +13.2%) |
| Operating profit | 199,677 Millions of yen (YoY +130.9%) |
| Ordinary income | 182,398 Millions of yen (YoY +165.4%) |
| Profit attributable to owners of the parent | 90,173 Millions of yen (YoY -18.1%) |
| Net income per share | ¥66.37 |
| Equity ratio | End of the current fiscal period 31.4 / End of previous period 30 |
| Total assets | 5,802,105 Millions of yen |
| Net assets | 2,501,112 Millions of yen |
| Cash flows from operating activities | 157,798 Millions of yen |
| Cash flows from investing activities | -94,902 Millions of yen |
| Cash flows from financing activities | -164,020 Millions of yen |
| Cash and cash equivalents at end of period | 424,060 Millions of yen |
| Full-year earnings forecast | Revenue 4,060,000 Millions of yen (YoY +9.6%) / Core operating profit 340,000 Millions of yen (YoY +51.1%) / Operating profit 328,000 Millions of yen (YoY +990.5%) / Ordinary income 296,000 Millions of yen / Profit for the period 222,000 Millions of yen (YoY +183.1%) / Profit attributable to owners of the parent 145,000 Millions of yen |
| Revision to Earnings Forecast | Revenue ¥38,000 hundred million → ¥40,600 hundred million（+6.8%） / Core operating profit ¥3,050 hundred million → ¥3,400 hundred million（+11.5%） / Operating profit ¥3,000 hundred million → ¥3,280 hundred million（+9.3%） / Profit for the period ¥2,000 hundred million → ¥2,220 hundred million（+11.0%） / Profit attributable to owners of the parent ¥1,270 hundred million → ¥1,450 hundred million（+14.2%） / Pretax profit ¥2,700 hundred million → ¥2,960 hundred million |
| Annual Dividend Forecast | 32 Yen → 32 Yen（0.0%） |
| Segment revenue | Specialty Materials 653,501 Millions of yen / MMA & Derivatives 200,152 Millions of yen / Basic Materials 388,275 Millions of yen / Industrial gases 733,187 Millions of yen / Other 61,979 Millions of yen |
| Segment profit | Specialty Materials ¥70,359 million (core operating profit) / MMA & Derivatives ¥8,986 million (core operating profit) / Basic Materials ¥14,130 million (core operating profit) / Industrial gases ¥107,675 million (core operating profit) / Other ¥4,668 million (core operating profit) |
| Depreciation and amortization | 140,067 Millions of yen |
| Impairment loss | 7,301 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment 13,675 / Gain on reversal of impairment losses 2,050 / Extraordinary loss Impairment loss 7,301 / Special retirement payments 3,165 / Loss on investments accounted for using the equity method 2,340 / Loss on disposal and sale of non-current assets 1,904 / Disaster-related losses 1,591 / Other 2,595 |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | The Company decided to continue the carbon materials business, consisting of needle coke and pitch coke, which had been scheduled for withdrawal, in order to secure raw materials and quality for pitch-based carbon fiber. The Company will maintain and refurbish the equipment and continue production and sales, but expects to temporarily suspend operations in the second half of fiscal 2027 and resume operations in the second half of fiscal 2028. Non-recurring income of approximately ¥9 billion is expected from the reversal of restructuring provisions. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 1,441,467,207 |
| Treasury Shares at Period-End | 82,713,687 |
| Factors Behind Changes in Business Performance | Revenue increased due to higher selling prices, increased sales volumes, foreign exchange effects, and acquisitions and consolidation in the industrial gases business and other areas. Core operating profit increased due to improved trading margins resulting from higher selling prices and market conditions, increased sales volumes for semiconductor-related products and carbon fiber composite parts, price management, cost reductions, and improved inventory valuation gains and losses. Profit for the interim period attributable to owners of the parent declined, mainly because the profit from discontinued operations recorded in the year-earlier period was no longer present. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.The upward revision to the full-year forecast reflects strong performance in the semiconductor-related business, inventory valuation gains, and price management and cost reductions. The decision to continue the carbon materials business reflects the need to maintain the Company's raw material manufacturing technology and equipment to secure the raw materials and quality of pitch-based carbon fiber, and to accelerate expansion into growth markets such as AI and data centers.
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.
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