Komori
Results4401ADEKA CORPORATIONMaterials and Chemicals

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

For the interim period of the fiscal year ending March 2027, net sales increased 14.0% year on year and operating profit increased 40.0%, resulting in higher sales and operating profit. Based on interim results and recent trends, the full-year earnings forecast and year-end dividend forecast have been revised, but the figures before the revision are not stated in this earnings summary.

Worth reading
61In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
40
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales223,151¥ millionYear on year +14.0%Progress 47.7%
Operating profit27,678¥ millionYear on year +40.0%Progress 52.2%
Ordinary income28,497¥ millionYear on year +42.5%Progress 53.8%
Net income attributable to owners of the parent19,010¥ millionYear on year +53.1%Progress 56.7%

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¥195.66
Financial position at period-end
Total assets578,865¥ million
of which net assets 391,810 ¥ millionEquity ratio 57.4%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+38,424
Investment-15,654
Financials-19,331
Net change+3,439

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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 period¥91,596 million
Segment revenueChemicals Business ¥126,033 million (YoY +20.2%), Food Business ¥43,313 million (YoY +6.5%), Life Sciences Business ¥50,070 million (YoY +5.0%)
Segment profitChemicals Business ¥20,373 million (YoY +56.2%), Food Business ¥1,329 million (YoY -35.7%), Life Sciences Business ¥5,489 million (YoY +32.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥468,000 million (YoY +12.3%)
Operating profit¥53,000 million (YoY +27.4%)
Ordinary income¥53,000 million (YoY +23.9%)
Net income¥33,500 million (YoY +20.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥468,000 million / Operating profit Not disclosed → ¥53,000 million / Ordinary income Not disclosed → ¥53,000 million / Net income Not disclosed → ¥33,500 million
Annual Dividend Forecast¥112 → ¥140(+25.0%)
Factors Behind Changes in Business Performance

Expanded capital investment centered on AI-related demand, higher volumes of semiconductor materials, strong sales of various products, and the impact of volume, price-volume balance and foreign exchange rates. In the food business, higher raw material and packaging material prices, increased manufacturing costs and lower volumes were factors behind the decline in profit.

Disclosure regarding the going concern assumption

No applicable items

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 0 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥108 million, Gain on sale of investment securities ¥235 million / Extraordinary loss Loss on disposal of fixed assets ¥427 million, Loss on sale of non-current assets ¥64 million
Depreciation and amortization¥9,929 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End98,944,242 shares
Treasury Shares at Period-End1,896,772 treasury shares
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 Sales¥223,151 million (YoY +14.0%)
Operating profit¥27,678 million (YoY +40.0%)
Ordinary income¥28,497 million (YoY +42.5%)
Profit attributable to owners of the parent¥19,010 million (YoY +53.1%)
Net income per share¥195.66
Equity ratioEnd of the current fiscal period 57.4% / End of previous period 56.0%
Total assets¥578,865 million
Net assets¥391,810 million
Cash flows from operating activities¥38,424 million
Cash flows from investing activities¥-15,654 million
Cash flows from financing activities¥-19,331 million
Cash and cash equivalents at end of period¥91,596 million
Full-year earnings forecastNet Sales ¥468,000 million (YoY +12.3%) / Operating profit ¥53,000 million (YoY +27.4%) / Ordinary income ¥53,000 million (YoY +23.9%) / Net income ¥33,500 million (YoY +20.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥468,000 million / Operating profit Not disclosed → ¥53,000 million / Ordinary income Not disclosed → ¥53,000 million / Net income Not disclosed → ¥33,500 million
Annual Dividend Forecast¥112 → ¥140(+25.0%)
Segment revenueChemicals Business ¥126,033 million (YoY +20.2%), Food Business ¥43,313 million (YoY +6.5%), Life Sciences Business ¥50,070 million (YoY +5.0%)
Segment profitChemicals Business ¥20,373 million (YoY +56.2%), Food Business ¥1,329 million (YoY -35.7%), Life Sciences Business ¥5,489 million (YoY +32.0%)
Depreciation and amortization¥9,929 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥108 million, Gain on sale of investment securities ¥235 million / Extraordinary loss Loss on disposal of fixed assets ¥427 million, Loss on sale of non-current assets ¥64 million
Disclosure regarding the going concern assumptionNo applicable items
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End98,944,242 shares
Treasury Shares at Period-End1,896,772 treasury shares
Factors Behind Changes in Business PerformanceExpanded capital investment centered on AI-related demand, higher volumes of semiconductor materials, strong sales of various products, and the impact of volume, price-volume balance and foreign exchange rates. In the food business, higher raw material and packaging material prices, increased manufacturing costs and lower volumes were factors behind the decline in profit.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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.

The chemicals and life sciences businesses reported higher sales and operating profit, driven by expanded sales of semiconductor materials against a backdrop of AI-related demand, higher volumes across various products, improvements in prices and volumes, and the impact of foreign exchange rates. The food business, however, reported lower operating profit due to higher raw material and packaging material prices, increased manufacturing costs, and lower volumes of products such as shortening for confectionery applications.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | ADEKA CORPORATION (4401) timely disclosure | Komori