Worth reading
59In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
900
¥ million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationFiscal year ending March 2027, second quarter (first half)9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales30,163 Million yen
Operating profit1,790 Million yen
Ordinary income1,566 Million yen
Net income¥1,459 million interim net income attributable to owners of the parent
Gross Profit MarginSlight improvement year on year (rate: Not disclosed)
Results for the three months of the current quarter
Net Sales
15,326 Million yen
Operating profit
917 Million yen
Full-year earnings forecast
Net Sales
61,000 Million yen
Operating profit
2,900 Million yen
Ordinary income
2,350 Million yen
Net income
2,100 Million yen net income attributable to owners of the parent
Annual dividend
27 Yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and profit increased as planned in the Electronic Information Materials business. Overall company performance against plan: Not disclosedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Higher selling prices accompanying the rise in raw material prices, increased sales of fine-processing resins for the electronic information industry and other products, earnings benefits from higher revenue, faster cost pass-through, a slight decline in raw material prices, and an increase in gains on sales of investment securities. Breakdown by amount: Not disclosed
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Although the disclosure states that a renewed rise in raw material prices and higher utility costs are concerns, numerical assumptions are Not disclosedNew initiatives
- Phase 2 expansion of the new electronic information materials plant (scheduled for completion in November 2026)
- Consideration of strengthening production facilities and expanding production capacity for advanced resins
- In-house recycling of waste solvents
- Automation of analytical work using robots
- Trial use of MI and AI
- Revision of the personnel system and improved employment conditions, particularly for younger employees
- Commencement of green power use at the Shanghai subsidiary
- Launch of ESG surveys of suppliers
Key KPIsA metric the company considers important as a management benchmark.
- Interim net income per share69.41 YenYear on year against the same period last year+44.5%
- EBITDA3,280 Million yen
- Common Equity Ratio34.1 %
- Debt-to-equity ratio1.04 x
- Overseas Revenue Mix16.5 %
Segment results
Surfactants
Net Sales
14,263 Million yen
Segment profit
709 Million yen
Resins
Net Sales
2,457 Million yen
Segment Profit or Loss
160 Million yen
Chemical products
Net Sales
3,783 Million yen
Segment profit
272 Million yen
Specialty chemicals
Net Sales
9,588 Million yen
Segment profit
607 Million yen
Medium-term management plan targets
Plan nameTOHO Step Up Plan 2027
Target fiscal yearFiscal year ending March 2028
Net Sales
60,000 Million yen
Operating profit
3,000 Million yen
Financial targets
Historical trends in the equity ratio and debt-to-equity ratio are disclosed, but target levels are Not disclosedAnnual Dividend
Annual dividend per share
27 Yen
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | 30,163 Million yen |
| Operating profit | 1,790 Million yen |
| Ordinary income | 1,566 Million yen |
| Net income | ¥1,459 million (interim net income attributable to owners of the parent) |
| Gross Profit Margin | Slight improvement year on year (rate: Not disclosed) |
| Results for the three months of the current quarter | Net Sales 15,326 Million yen / Operating profit 917 Million yen |
| Full-year earnings forecast | Net Sales 61,000 Million yen / Operating profit 2,900 Million yen / Ordinary income 2,350 Million yen / Net income 2,100 Million yen (net income attributable to owners of the parent) / Annual dividend 27 Yen |
| Self-assessment against the plan | Revenue and profit increased as planned in the Electronic Information Materials business. Overall company performance against plan: Not disclosed |
| Segment results | Surfactants Net Sales 14,263 Million yen / Segment profit 709 Million yen / Resins Net Sales 2,457 Million yen / Segment Profit or Loss 160 Million yen / Chemical products Net Sales 3,783 Million yen / Segment profit 272 Million yen / Specialty chemicals Net Sales 9,588 Million yen / Segment profit 607 Million yen |
| Breakdown of Factors Affecting the Change | Higher selling prices accompanying the rise in raw material prices, increased sales of fine-processing resins for the electronic information industry and other products, earnings benefits from higher revenue, faster cost pass-through, a slight decline in raw material prices, and an increase in gains on sales of investment securities. Breakdown by amount: Not disclosed |
| Key KPIs | Indicator name Interim net income per share / Value 69.41 Yen / Year on year against the same period last year 44.54 Yen, Indicator name EBITDA / Value 3,280 Million yen / Year on year against the same period last year Not disclosed, Indicator name Common Equity Ratio / Value 34.1 % / Year on year against the same period last year Not disclosed, Indicator name Debt-to-equity ratio / Value 1.04 x / Year on year against the same period last year Not disclosed, Indicator name Overseas Revenue Mix / Value 16.5 % / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Although the disclosure states that a renewed rise in raw material prices and higher utility costs are concerns, numerical assumptions are Not disclosed |
| Medium-term management plan targets | Plan name TOHO Step Up Plan 2027 / Target fiscal year Fiscal year ending March 2028 / Net Sales 60,000 Million yen / Operating profit 3,000 Million yen |
| Financial targets | Historical trends in the equity ratio and debt-to-equity ratio are disclosed, but target levels are Not disclosed |
| Annual Dividend | Annual dividend per share 27 Yen / Interim and Year-End Breakdown Not disclosed |
| New initiatives | Phase 2 expansion of the new electronic information materials plant (scheduled for completion in November 2026), Consideration of strengthening production facilities and expanding production capacity for advanced resins, In-house recycling of waste solvents, Automation of analytical work using robots, Trial use of MI and AI, Revision of the personnel system and improved employment conditions, particularly for younger employees, Commencement of green power use at the Shanghai subsidiary, Launch of ESG surveys of suppliers |
Items this document does not state (13)
Operating profit marginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookPayout 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.Higher selling prices resulting from the pass-through of higher raw material costs, increased sales of fine-processing resins for the electronic information industry and other products, earnings benefits from higher revenue, an improved gross margin due to faster cost pass-through and lower raw material prices in the second quarter, and an increase in gains on sales of investment securities.
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.