Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1822
¥ million (year-on-year increase in consolidated net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending December 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥15,017 million+13.8%
Operating profit¥1,159 million+35.4%
Ordinary income¥1,176 million+46.2%
Net income¥919 million+214.0%
Operating profit margin7.7 %
Results for the three months of the current quarter
Net Sales
¥15,017 million
Operating profit
¥1,159 million
Ordinary income
¥1,176 million
Profit attributable to owners of parent for the quarter
¥919 million
Full-year earnings forecast
Net Sales
¥58,500 million
Operating profit
¥4,200 million
Ordinary income
¥4,050 million
Profit attributable to owners of the parent
¥2,800 million
Chemicals business net sales
¥41,800 million
Cosmetics Business net sales
¥15,800 million
Chemicals Business segment profit
¥4,150 million
Cosmetics Business segment profit
¥2,050 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Consolidated revenue
Chemicals Business1,409
Cosmetics Business-25
Other36
Foreign exchange impact (Chemicals)389
Foreign exchange impact (Cosmetics)13
Consolidated ordinary income
Operating profit (Chemicals)377
Operating profit (Cosmetics)-77
Operating profit (Other)-28
Operating profit (eliminations and corporate)-13
Foreign exchange impact on segment profit116
Change in foreign exchange gains and losses70
Other non-operating items-2
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
U.S. dollar exchange rate150
US dollar exchange rate unit¥
Domestic naphtha65,600
Domestic naphtha unit¥
New initiatives
- Acquisition from Chemours of the technology and related brand business for the non-fluorinated water repellent “Zelan” (full transfer scheduled for August 2026)
- Construction of the new cosmetics plant, “Fukui Smart Factory”
- Launch of the “DEMI EDUCATION BASE” learning platform for hairstylists
- Preparation for the launch of 32 bleach-free products, including hair-color products
Key KPIsA metric the company considers important as a management benchmark.
- EHD-related product sales ratio45.4 %Year on year against the same period last year+0.2%Year-on-year comparison unitPoints
- EHD-related product sales11 %Year on year against the same period last yearIncreased
- EHD product margin15 % versus non-EHD products
- Page views for the owned media platform “DEMI LABO”58 %Year on year against the same period last yearIncreased
- Sales of original Korean hair-care products29 %Year on year against the same period last yearIncreased
- Hair-care sales-6 %Year on year against the same period last yearDecreased
- Progress on construction of the new cosmetics plant85 %
Segment results
Chemicals Business
Net Sales
¥11,530 million+18.5%
Segment profit
¥1,499 million+39.0%
Cosmetics Business
Net Sales
¥3,287 million-0.4%
Segment profit
¥187 million-28.5%
Other
Net Sales
¥199 million+22.2%
Profit
¥-20 million
Market Size / Share
No. 1 domestic market share and among the global leaders (specific market share not disclosed)Number of employees
Number of Employees1,584 People consolidated, as of 31 March 2026
Standalone623 People consolidated, as of 31 March 2026
Capital expenditures
¥195 100 million investment scale for the new cosmetics plant
Annual Dividend
Annual dividend amount¥70
Payout ratio
Not disclosed (DOE of 3.0% as a guideline)| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥15,017 million (YoY +13.8%) |
| Operating profit | ¥1,159 million (YoY +35.4%) |
| Ordinary income | ¥1,176 million (YoY +46.2%) |
| Net income | ¥919 million (YoY +214.0%) |
| Operating profit margin | 7.7 % |
| Results for the three months of the current quarter | Net Sales ¥15,017 million / Operating profit ¥1,159 million / Ordinary income ¥1,176 million / Profit attributable to owners of parent for the quarter ¥919 million |
| Full-year earnings forecast | Net Sales ¥58,500 million / Operating profit ¥4,200 million / Ordinary income ¥4,050 million / Profit attributable to owners of the parent ¥2,800 million / Chemicals business net sales ¥41,800 million / Cosmetics Business net sales ¥15,800 million / Chemicals Business segment profit ¥4,150 million / Cosmetics Business segment profit ¥2,050 million |
| Segment results | Chemicals Business Net Sales ¥11,530 million (YoY +18.5%) / Segment profit ¥1,499 million (YoY +39.0%) / Cosmetics Business Net Sales ¥3,287 million (YoY -0.4%) / Segment profit ¥187 million (YoY -28.5%) / Other Net Sales ¥199 million (YoY +22.2%) / Profit ¥-20 million |
| Breakdown of Factors Affecting the Change | Consolidated revenue Chemicals Business 1,409 / Cosmetics Business -25 / Other 36 / Foreign exchange impact (Chemicals) 389 / Foreign exchange impact (Cosmetics) 13 / Consolidated ordinary income Operating profit (Chemicals) 377 / Operating profit (Cosmetics) -77 / Operating profit (Other) -28 / Operating profit (eliminations and corporate) -13 / Foreign exchange impact on segment profit 116 / Change in foreign exchange gains and losses 70 / Other non-operating items -2 |
| Key KPIs | EHD-related product sales ratio 45.4 %, EHD-related product sales 11 %, EHD product margin 15 % (versus non-EHD products), Page views for the owned media platform “DEMI LABO” 58 %, Sales of original Korean hair-care products 29 %, Hair-care sales -6 %, Progress on construction of the new cosmetics plant 85 % |
| Number of employees | Number of Employees 1,584 People (consolidated, as of 31 March 2026) / Standalone 623 People (consolidated, as of 31 March 2026) |
| Assumptions Underlying the Business Outlook | U.S. dollar exchange rate 150 / US dollar exchange rate unit ¥ / Domestic naphtha 65,600 / Domestic naphtha unit ¥ |
| Annual Dividend | Annual dividend amount ¥70 / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | Not disclosed (DOE of 3.0% as a guideline) |
| Capital expenditures | ¥195 100 million (investment scale for the new cosmetics plant) |
| Market Size / Share | No. 1 domestic market share and among the global leaders (specific market share not disclosed) |
| New initiatives | Acquisition from Chemours of the technology and related brand business for the non-fluorinated water repellent “Zelan” (full transfer scheduled for August 2026), Construction of the new cosmetics plant, “Fukui Smart Factory”, Launch of the “DEMI EDUCATION BASE” learning platform for hairstylists, Preparation for the launch of 32 bleach-free products, including hair-color products |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesOrders received and order backlogKey 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.In the Chemicals Business, sales of EHD-related products in China, India, Bangladesh and other markets grew, while new business in the electronic materials field also increased. The weaker yen additionally boosted net sales and profit. In the Cosmetics Business, the ODM business and certain priority products remained steady, but a decline in visits to domestic beauty salons, the stagnant South Korean economy and higher personnel expenses contributed to lower sales and profit.
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.