Komori
Earnings4631DIC CorporationMaterials and Chemicals

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending December 2026, net sales increased 7.8% year on year and operating income increased 87.7%, with profit growth significantly outpacing sales growth. The company also indicated that it plans to sell its shares in TAIYO HOLDINGS CO.,LTD. and cease treating the company as an equity-method affiliate.

Worth reading
49Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
87.7
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales282,489¥ millionYear on year +7.8%Progress 25.7%
Operating profit24,512¥ millionYear on year +87.7%Progress 43.8%
Ordinary income23,854¥ millionYear on year +141.4%Progress 49.7%
Net income attributable to owners of the parent19,194¥ millionYear on year +214.7%Progress 58.2%

The 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.

Net income per share¥202.71
Financial position at period-end
Total assets1,303,573¥ million
of which net assets 501,880 ¥ millionEquity ratio 37.0%vs. prior year-end 0.0pt

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.

Segment revenue
Packaging & Graphics145,22349.8%+8.4%
Color & Display69,66823.9%+1.5%
Functional Products76,73126.3%+8.4%
Other1080.0%
Segment profit
Packaging & Graphics8,31532.2%+25.0%
Color & Display8,46032.7%
Functional Products9,05735.0%+75.3%
Other140.1%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,100,000 million (YoY +4.5%)
Operating profit¥56,000 million (YoY +7.3%)
Ordinary income¥48,000 million (YoY +8.5%)
Net income¥33,000 million (YoY +2.0%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥200 → ¥140(-30.0%)
Factors Behind Changes in Business Performance

Increased shipments of high-value-added products, particularly in the digital field; customer inventory buildup; appropriate pricing measures and cost management; the reversal of ¥5.8 billion in repair liabilities related to the pigment facility in Germany; a decrease in foreign exchange losses resulting from the depreciation of emerging-market currencies; and an increase in extraordinary income, including gains on the sale of artwork.

Disclosure regarding the going concern assumption

Not applicable (notes regarding the going concern assumption)

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsOn 31 March 2026, the company entered into a basic agreement with KJ005株式会社 covering a transaction consisting of a tender offer for the shares of TAIYO HOLDINGS CO.,LTD., a non-tender undertaking, a share consolidation, capital increases and decreases, and the acquisition of treasury shares. Following completion of the transaction, TAIYO HOLDINGS CO.,LTD. is expected to cease being an equity-method affiliate, and the capital and business alliance is also expected to be dissolved.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of artwork ¥2,760 million, Subsidy Income ¥294 million / Extraordinary loss Loss on Liquidation of Affiliates ¥865 million, Retirement-related restructuring loss ¥609 million, Losses on disposal of fixed assets ¥479 million
Depreciation and amortization¥13,633 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End95,156,904 Shares
Treasury Shares at Period-End470,075 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥282,489 million (YoY +7.8%)
Operating profit¥24,512 million (YoY +87.7%)
Ordinary income¥23,854 million (YoY +141.4%)
Profit attributable to owners of the parent¥19,194 million (YoY +214.7%)
Net income per share¥202.71
Equity ratioEnd of the current fiscal period 37 / End of previous period 37
Total assets¥1,303,573 million
Net assets¥501,880 million
Full-year earnings forecastNet Sales ¥1,100,000 million (YoY +4.5%) / Operating profit ¥56,000 million (YoY +7.3%) / Ordinary income ¥48,000 million (YoY +8.5%) / Net income ¥33,000 million (YoY +2.0%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥200 → ¥140(-30.0%)
Segment revenuePackaging & Graphics ¥145,223 million (YoY +8.4%) / Color & Display ¥69,668 million (YoY +1.5%) / Functional Products ¥76,731 million (YoY +8.4%) / Other ¥108 million
Segment profitPackaging & Graphics ¥8,315 million (YoY +25.0%) / Color & Display ¥8,460 million / Functional Products ¥9,057 million (YoY +75.3%) / Other ¥14 million
Depreciation and amortization¥13,633 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of artwork ¥2,760 million, Subsidy Income ¥294 million / Extraordinary loss Loss on Liquidation of Affiliates ¥865 million, Retirement-related restructuring loss ¥609 million, Losses on disposal of fixed assets ¥479 million
Disclosure regarding the going concern assumptionNot applicable (notes regarding the going concern assumption)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsOn 31 March 2026, the company entered into a basic agreement with KJ005株式会社 covering a transaction consisting of a tender offer for the shares of TAIYO HOLDINGS CO.,LTD., a non-tender undertaking, a share consolidation, capital increases and decreases, and the acquisition of treasury shares. Following completion of the transaction, TAIYO HOLDINGS CO.,LTD. is expected to cease being an equity-method affiliate, and the capital and business alliance is also expected to be dissolved.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End95,156,904 Shares
Treasury Shares at Period-End470,075 Shares
Factors Behind Changes in Business PerformanceIncreased shipments of high-value-added products, particularly in the digital field; customer inventory buildup; appropriate pricing measures and cost management; the reversal of ¥5.8 billion in repair liabilities related to the pigment facility in Germany; a decrease in foreign exchange losses resulting from the depreciation of emerging-market currencies; and an increase in extraordinary income, including gains on the sale of artwork.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss

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 increase in shipments of high-value-added products, particularly in the digital field, together with appropriate pricing measures and cost management, contributed to the results. In addition, the reversal of ¥5.8 billion in repair liabilities related to the pigment facility in Germany was a temporary factor boosting profit. Ordinary income was supported by a decrease in foreign exchange losses resulting from the depreciation of emerging-market currencies, while net income attributable to owners of the parent benefited from an increase in extraordinary income, including gains on the sale of artwork.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | DIC Corporation (4631) timely disclosure | Komori