Komori
Presentation materials for financial results4611Dai Nippon Toryo Company,LimitedMaterials and Chemicals

Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027

In Q1 FY2026, revenue, operating profit and net income were significantly higher year on year, driven by a recovery in domestic paint sales volumes and improved production efficiency. Overseas paints and lighting equipment, however, reported lower profit, and there were signs of demand being brought forward, so the full-year earnings forecast remains unchanged.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
162.5
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥25,407 million+13.9%
Operating profit¥1,850 million+162.5%
Ordinary income¥2,194 million
Net income¥1,211 million+217.2%
Selling, general and administrative expenses¥5,794 million
Gross Profit Margin30.1%, up 2.4 percentage points year on year
Operating profit margin7.3%, up 4.1 percentage points year on year
Results for the three months of the current quarter
Net Sales
¥25,407 million
Operating profit
¥1,850 million
Ordinary income
¥2,194 million
Profit attributable to owners of parent for the quarter
¥1,211 million
Full-year earnings forecast
Net Sales
¥96,000 million
Operating profit
¥5,500 million
Profit attributable to owners of the parent
¥3,400 million
Dividend per share
¥58
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales26.5%
Operating profit33.6%
Profit attributable to owners of the parent35.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Lighting equipment is progressing broadly in line with plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Sales volume3.1 Hundreds of millions of yen
  • Raw Material Costs-11.1 Hundreds of millions of yen
  • Price revisions12 Hundreds of millions of yen
  • Improved production profitability5 Hundreds of millions of yen
  • Mix and other factors17.2 Hundreds of millions of yen
  • Subsidiaries and adjustments3.4 Hundreds of millions of yen
  • Selling, general and administrative expenses-0.9 Hundreds of millions of yen
  • Mexico-0.7 Hundreds of millions of yen
  • Fluorescent lamps, installation and other factors-0.2 Hundreds of millions of yen
  • Fluorescent lamp SG&A expenses-0.1 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Domestic naphtha price
¥63,000 /KL
New initiatives
  • Transfer of the equity interest in the Chinese subsidiary and withdrawal from the in-house production structure during FY2027
  • Expansion of procurement routes
  • Appropriate management of raw material and product inventories
  • Appropriate reflection of cost increases in selling prices
  • Adjustment of supply terms with customers
Segment results
Domestic coatings
Net Sales
¥20,286 million+17.3%
Operating profit
¥1,334 million+794.8%
Overseas coatings
Net Sales
¥2,155 million+5.9%
Operating profit
¥75 million-33.0%
Lighting Equipment
Net Sales
¥2,310 million+1.6%
Operating profit
¥331 million-3.6%
Fluorescent color materials
Net Sales
¥278 million
Operating profit
¥29 million
Other
Net Sales
¥377 million
Operating profit
¥3 million
Medium-term management plan targets
DOE
5 %
Target fiscal yearFiscal 2029
Capital expenditures
¥5,700 million FY2026 plan
Annual Dividend
Annual dividend per share
¥58
Payout ratio
Based on a DOE of 3.0%; payout ratio: not disclosed
Acquisition of treasury shares
The company will conduct share repurchases at an appropriate time if deemed necessary after taking market conditions, capital efficiency and other factors into account
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥25,407 million (YoY +13.9%)
Operating profit¥1,850 million (YoY +162.5%)
Ordinary income¥2,194 million
Net income¥1,211 million (YoY +217.2%)
Gross Profit Margin30.1%, up 2.4 percentage points year on year
Operating profit margin7.3%, up 4.1 percentage points year on year
Selling, general and administrative expenses¥5,794 million
Results for the three months of the current quarterNet Sales ¥25,407 million / Operating profit ¥1,850 million / Ordinary income ¥2,194 million / Profit attributable to owners of parent for the quarter ¥1,211 million
Full-year earnings forecastNet Sales ¥96,000 million / Operating profit ¥5,500 million / Profit attributable to owners of the parent ¥3,400 million / Dividend per share ¥58
Progress against full-year forecastNet Sales 26.5% / Operating profit 33.6% / Profit attributable to owners of the parent 35.6%
Self-assessment against the planLighting equipment is progressing broadly in line with plan
Segment resultsDomestic coatings Net Sales ¥20,286 million (YoY +17.3%) / Operating profit ¥1,334 million (YoY +794.8%) / Overseas coatings Net Sales ¥2,155 million (YoY +5.9%) / Operating profit ¥75 million (YoY -33.0%) / Lighting Equipment Net Sales ¥2,310 million (YoY +1.6%) / Operating profit ¥331 million (YoY -3.6%) / Fluorescent color materials Net Sales ¥278 million / Operating profit ¥29 million / Other Net Sales ¥377 million / Operating profit ¥3 million
Breakdown of Factors Affecting the ChangeFactors Sales volume / Amount 3.1 Hundreds of millions of yen, Factors Raw Material Costs / Amount -11.1 Hundreds of millions of yen, Factors Price revisions / Amount 12 Hundreds of millions of yen, Factors Improved production profitability / Amount 5 Hundreds of millions of yen, Factors Mix and other factors / Amount 17.2 Hundreds of millions of yen, Factors Subsidiaries and adjustments / Amount 3.4 Hundreds of millions of yen, Factors Selling, general and administrative expenses / Amount -0.9 Hundreds of millions of yen, Factors Mexico / Amount -0.7 Hundreds of millions of yen, Factors Fluorescent lamps, installation and other factors / Amount -0.2 Hundreds of millions of yen, Factors Fluorescent lamp SG&A expenses / Amount -0.1 Hundreds of millions of yen
Assumptions Underlying the Business OutlookDomestic naphtha price ¥63,000 /KL
Medium-term management plan targetsDOE 5 %
Annual DividendAnnual dividend per share ¥58 / Interim and Year-End Breakdown Not disclosed
Payout ratioBased on a DOE of 3.0%; payout ratio: not disclosed
Acquisition of treasury sharesThe company will conduct share repurchases at an appropriate time if deemed necessary after taking market conditions, capital efficiency and other factors into account
Capital expenditures¥5,700 million (FY2026 plan)
New initiativesTransfer of the equity interest in the Chinese subsidiary and withdrawal from the in-house production structure during FY2027, Expansion of procurement routes, Appropriate management of raw material and product inventories, Appropriate reflection of cost increases in selling prices, Adjustment of supply terms with customers
Items this document does not state (9)
Key KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsOrders 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.

Domestic paint sales volumes increased as the impact of quality issues eased, demand recovered after the lifting of the temporary JIS suspension, and customers moved to secure inventory against the backdrop of the situation in the Middle East. Production efficiency also improved. Higher costs, including rising raw material prices, were absorbed through higher sales volumes, price revisions and improved production profitability. Overseas paints reported lower profit due to declining sales in Mexico, while lighting equipment reported lower profit due mainly to higher advertising and personnel expenses.

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.
Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027 | Dai Nippon Toryo Company,Limited (4611) timely disclosure | Komori