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Financial Results Presentation4409TOHO CHEMICAL INDUSTRY COMPANY,LIMITEDMaterials and Chemicals

Financial Results Presentation Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2026

In the first half of the fiscal year ending March 2026, revenue declined due to lower sales of cosmetic and toiletry ingredients and chemicals for civil engineering and construction. Ordinary income and interim net income also declined. Operating income was broadly unchanged from the year-earlier period, although production and sales adjustments in the electronic information materials business and a temporary shutdown of the China plant had an impact.

Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
334
Millions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial Results Presentation2026年3月期 第2四半期（中間期）6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales26,003 Millions of yen
Operating profit890 Millions of yen
Ordinary income758 Millions of yen
Net income522 Millions of yen
Results for the three months of the current quarter
Net Sales
12,901 Millions of yen
Operating profit
331 Millions of yen
Full-year earnings forecast
Net Sales
54,000 Millions of yen
Operating profit
1,950 Millions of yen
Ordinary income
1,650 Millions of yen
Profit attributable to owners of the parent
1,150 Millions of yen
Earnings per share
¥54.69
Annual dividend
¥22
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Foreign Exchange GainsNot included in projections
前期の為替差益
101 Millions of yen
Personnel Expenses増加見込み
New initiatives
  • Commencement of Phase II expansion work at the new electronic information materials plant (scheduled for completion in November 2026)
  • 東邦化学（上海）有限公司の加圧反応設備を増設（2025年12月完工予定）
  • 廃溶剤の自社内リサイクル
  • Trial implementation of raw material and product management using QR codes
  • 研究開発部門でのMI・AI活用の検証
  • IR担当役員とIR担当部署の新設
  • Changes and enhancements to the shareholder benefit program
  • 人事制度の改定準備
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA2,269 Millions of yen
  • Equity ratio30.7 %
  • Debt-to-equity ratio1.28 times
  • Overseas Revenue Mix16.3 %
  • PBR0.81 times
Segment results
  • Surfactants
    Net Sales12,631 Millions of yen
    Segment profit362 Millions of yen
  • Resins
    Net Sales2,173 Millions of yen
    Segment Profit or Loss-3 Millions of yen
  • Chemical Products
    Net Sales3,182 Millions of yen
    Segment profit91 Millions of yen
  • Specialty chemicals
    Net Sales7,876 Millions of yen
    Segment profit356 Millions of yen
Medium-term management plan targets
Plan nameTOHO Step Up Plan 2027
Target fiscal yearFiscal year ending March 2028
Net Sales
60,000 Millions of yen
Operating profit
3,000 Millions of yen
Annual Dividend
Annual dividend per share
¥22
Final Fiscal Year of the Medium-Term Management Plan
¥30
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period Covered2026年3月期 第2四半期（中間期）
Net Sales26,003 Millions of yen
Operating profit890 Millions of yen
Ordinary income758 Millions of yen
Net income522 Millions of yen
Results for the three months of the current quarterNet Sales 12,901 Millions of yen / Operating profit 331 Millions of yen
Full-year earnings forecastNet Sales 54,000 Millions of yen / Operating profit 1,950 Millions of yen / Ordinary income 1,650 Millions of yen / Profit attributable to owners of the parent 1,150 Millions of yen / Earnings per share ¥54.69 / Annual dividend ¥22
Segment resultsSegment Surfactants / Net Sales 12,631 Millions of yen / Segment profit 362 Millions of yen, Segment Resins / Net Sales 2,173 Millions of yen / Segment Profit or Loss -3 Millions of yen, Segment Chemical Products / Net Sales 3,182 Millions of yen / Segment profit 91 Millions of yen, Segment Specialty chemicals / Net Sales 7,876 Millions of yen / Segment profit 356 Millions of yen
Key KPIsIndicator name EBITDA / Value 2,269 Millions of yen / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 30.7 % / Year on year against the same period last year Not disclosed, Indicator name Debt-to-equity ratio / Value 1.28 times / Year on year against the same period last year Not disclosed, Indicator name Overseas Revenue Mix / Value 16.3 % / Year on year against the same period last year Not disclosed, Indicator name PBR / Value 0.81 times / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookForeign Exchange Gains Not included in projections / 前期の為替差益 101 Millions of yen / Personnel Expenses 増加見込み
Medium-term management plan targetsPlan name TOHO Step Up Plan 2027 / Target fiscal year Fiscal year ending March 2028 / Net Sales 60,000 Millions of yen / Operating profit 3,000 Millions of yen
Annual DividendAnnual dividend per share ¥22 / Interim Not disclosed / End of period Not disclosed / Final Fiscal Year of the Medium-Term Management Plan ¥30
New initiativesCommencement of Phase II expansion work at the new electronic information materials plant (scheduled for completion in November 2026), 東邦化学（上海）有限公司の加圧反応設備を増設（2025年12月完工予定）, 廃溶剤の自社内リサイクル, Trial implementation of raw material and product management using QR codes, 研究開発部門でのMI・AI活用の検証, IR担当役員とIR担当部署の新設, Changes and enhancements to the shareholder benefit program, 人事制度の改定準備
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.

売上高は、香粧原料の大口ユーザー向け一般洗浄剤、土木建築用薬剤等の販売減少により減収。営業利益は、東邦化学（上海）有限公司で設備増設工事に伴う一時的な生産休止があった一方、当社単体では売上構成の変化等により利益率が改善。経常利益は為替差益の減少、中間純利益は為替差益に加えて投資有価証券売却益の減少により減益となった。

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 Presentation Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2026 | TOHO CHEMICAL INDUSTRY COMPANY,LIMITED (4409) timely disclosure | Komori