Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
Profit growth accompanying higher sales, improved performance at affiliated companies, and fixed-cost controls. Net sales increased mainly due to higher shipments to electrical equipment and parts manufacturers, new projects involving industrial coatings and anticorrosion coatings, and export projects involving automotive coatings. Offsetting factors included supply restrictions on construction materials, record heavy rain, and a decline in the number of rail-material construction projects.
No matters requiring disclosure were identified in relation to the going concern assumption. However, the company has disclosed significant events and other matters related to the going concern assumption, and conditions exist that raise substantial doubt about its ability to continue as a going concern, although it has determined that no material uncertainty exists.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥10,821 million (YoY +1.4%) |
| Operating profit | ¥245 million (YoY +99.7%) |
| Ordinary income | ¥454 million (YoY +87.5%) |
| Profit attributable to owners of the parent | ¥282 million (YoY +463.8%) |
| Net income per share | ¥8.31 |
| Equity ratio | End of the current fiscal period 42 / End of previous period 42 |
| Total assets | ¥31,756 million |
| Net assets | ¥14,441 million |
| Full-year earnings forecast | Net Sales ¥20,000 million (YoY -6.9%) / Operating profit ¥400 million (YoY +56.5%) / Ordinary income ¥800 million (YoY +103.1%) / Profit attributable to owners of the parent ¥400 million |
| Annual Dividend Forecast | ¥0.00 (actual for previous fiscal year) → ¥0.00 (current-year forecast)（0.0%） |
| Depreciation and amortization | ¥49 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of fixed assets ¥5 million / Extraordinary loss Loss on disposal of fixed assets ¥3 million |
| Disclosure regarding the going concern assumption | No matters requiring disclosure were identified in relation to the going concern assumption. However, the company has disclosed significant events and other matters related to the going concern assumption, and conditions exist that raise substantial doubt about its ability to continue as a going concern, although it has determined that no material uncertainty exists. |
| 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 | No (the number and names of companies newly consolidated or excluded are not disclosed) |
| Material subsequent events | A share exchange agreement was signed on 6 November 2026 under which Dai Nippon Toryo will become the wholly owning parent company and Shinto Paint will become the wholly owned subsidiary. The effective date is 25 February 2027, and Shinto Paint shares are scheduled to be delisted on 22 February 2027. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no eligible participants) |
| Issued Shares at Period-End | 34,060,000 shares |
| Treasury Shares at Period-End | 22,904 shares |
| Factors Behind Changes in Business Performance | Profit growth accompanying higher sales, improved performance at affiliated companies, and fixed-cost controls. Net sales increased mainly due to higher shipments to electrical equipment and parts manufacturers, new projects involving industrial coatings and anticorrosion coatings, and export projects involving automotive coatings. Offsetting factors included supply restrictions on construction materials, record heavy rain, and a decline in the number of rail-material construction projects. |
Items this document does not state (13)
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.The factors included passing higher raw material prices and transportation costs through to selling prices, improved yield, strong shipments to electrical equipment and parts manufacturers, the acquisition of new projects, improved performance at affiliated companies, and fixed-cost controls. The share exchange is intended to reduce conflicts of interest arising from the parent-subsidiary listing structure and duplicate management costs, while enabling the integrated use of management resources and faster decision-making.