Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
635
百万円（営業利益の前年同期比増益額）Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2024年4月1日〜2024年9月30日ConsolidatedJapanese GAAPNet Sales26,640¥ millionYear on year +6.8%Progress 50.7%
Operating profit892¥ millionYear on year +247.3%Progress 57.5%
Ordinary income883¥ millionYear on year +312.4%Progress 61.3%
Net income attributable to owners of the parent857¥ millionYear on year +550.5%Progress 71.4%
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 share40.79円
Financial position at period-end
Total assets69,279¥ million
of which net assets 20,386 ¥ millionEquity ratio 29.3%vs. prior year-end +2.0pt
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+922
Investment-1,322
Financials-487
Net change-887
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¥5,989 million
Segment revenue
Surfactants13,20749.7%-6.9%
Resins2,3108.7%+35.7%
Chemical Products3,16711.9%+15.0%
Specialty chemicals7,91429.8%+27.0%
Segment profit
Surfactants28737.9%
Resins293.8%
Chemical Products182.4%
Specialty chemicals42455.9%
Regional sales
Japan22,21083.4%
Asia3,68413.8%
Other7452.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥52,500 million (YoY +3.8%)
Operating profit¥1,550 million (YoY +101.0%)
Ordinary income¥1,440 million (YoY +93.7%)
Net income¥1,200 million (YoY +119.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥52,500 million / Operating profit Not disclosed → ¥1,550 million / Ordinary income Not disclosed → ¥1,440 million / Net income Not disclosed → ¥1,200 million
Annual Dividend Forecast¥17 → ¥18
Factors Behind Changes in Business Performance
売上高は、香粧原料の大口ユーザー向け販売が安価な輸入品への調達切り替えで大幅減となった一方、半導体市況の回復に伴う電子情報産業用の微細加工用樹脂が大幅増収となり、石油添加剤等の販売も回復した。利益は、増収による収益効果、売上構成の変化等に伴う利益率の改善、東邦化学（上海）有限公司等の業績改善により増加し、投資有価証券売却益も最終利益を押し上げた。
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥249 million / Extraordinary loss Loss on disposal of fixed assets ¥21 million
Depreciation and amortization¥1,413 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End21,350,000 Shares
Treasury Shares at Period-End322,015 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年9月30日 |
| Net Sales | ¥26,640 million (YoY +6.8%) |
| Operating profit | ¥892 million (YoY +247.3%) |
| Ordinary income | ¥883 million (YoY +312.4%) |
| Profit attributable to owners of the parent | ¥857 million (YoY +550.5%) |
| Net income per share | 40.79円 |
| Equity ratio | End of the current fiscal period 29.3 / End of previous period 27.3 |
| Total assets | ¥69,279 million |
| Net assets | ¥20,386 million |
| Cash flows from operating activities | ¥922 million |
| Cash flows from investing activities | ¥-1,322 million |
| Cash flows from financing activities | ¥-487 million |
| Cash and cash equivalents at end of period | ¥5,989 million |
| Full-year earnings forecast | Net Sales ¥52,500 million (YoY +3.8%) / Operating profit ¥1,550 million (YoY +101.0%) / Ordinary income ¥1,440 million (YoY +93.7%) / Net income ¥1,200 million (YoY +119.5%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥52,500 million / Operating profit Not disclosed → ¥1,550 million / Ordinary income Not disclosed → ¥1,440 million / Net income Not disclosed → ¥1,200 million |
| Annual Dividend Forecast | ¥17 → ¥18 |
| Segment revenue | Surfactants ¥13,207 million (YoY -6.9%) / Resins ¥2,310 million (YoY +35.7%) / Chemical Products ¥3,167 million (YoY +15.0%) / Specialty chemicals ¥7,914 million (YoY +27.0%) |
| Segment profit | Surfactants ¥287 million / Resins ¥29 million / Chemical Products ¥18 million / Specialty chemicals ¥424 million |
| Regional sales | Japan ¥22,210 million / Asia ¥3,684 million / Other ¥745 million |
| Depreciation and amortization | ¥1,413 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥249 million / Extraordinary loss Loss on disposal of fixed assets ¥21 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 21,350,000 Shares |
| Treasury Shares at Period-End | 322,015 Shares |
| Factors Behind Changes in Business Performance | 売上高は、香粧原料の大口ユーザー向け販売が安価な輸入品への調達切り替えで大幅減となった一方、半導体市況の回復に伴う電子情報産業用の微細加工用樹脂が大幅増収となり、石油添加剤等の販売も回復した。利益は、増収による収益効果、売上構成の変化等に伴う利益率の改善、東邦化学（上海）有限公司等の業績改善により増加し、投資有価証券売却益も最終利益を押し上げた。 |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyOrders 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.半導体市況の回復に伴う電子情報産業用の微細加工用樹脂の大幅な増収、石油添加剤等の販売回復、増収や売上構成の変化による利益率の改善、東邦化学（上海）有限公司等の業績改善によるもの。通期予想は、香粧原料の大口ユーザー向け販売の減少を、微細加工用樹脂の販売上振れと利益率改善で補う見込み。
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.