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Financial results presentation4633SAKATA INX CORPORATIONMaterials and Chemicals

Second-Quarter (Interim) Financial Results Presentation for the Fiscal Year Ending December 2026

In the interim period of the fiscal year ending December 2026, revenue and profit increased, driven by price revisions, higher sales volumes, and improved procurement and production efficiency. The full-year forecast was revised upward for revenue, while forecasts for operating profit and other profit items were left unchanged. The company also announced a planned capital and business alliance with コネクテックジャパン株式会社 and a planned transition to a holding company structure.

Worth reading
68In 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
156
¥100 million (year-on-year increase in interim-period revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter (interim period) of the fiscal year ending December 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,420 Hundreds of millions of yen+12.4%
Operating profit90 Hundreds of millions of yen+18.0%
Ordinary income99 Hundreds of millions of yen+14.9%
Net income66 Hundreds of millions of yen+7.1%
Results for the three months of the current quarter
Operating profit by segment
Printing inks and equipment (Japan)
First quarter5.6 Hundreds of millions of yen
Second quarter16.1 Hundreds of millions of yen
Printing inks (Asia)
First quarter16.5 Hundreds of millions of yen
Second quarter16.9 Hundreds of millions of yen
Printing inks (Americas)
First quarter12.8 Hundreds of millions of yen
Second quarter9.7 Hundreds of millions of yen
Printing inks (Europe)
First quarter2.2 Hundreds of millions of yen
Second quarter3.1 Hundreds of millions of yen
Functional Materials
First quarter6 Hundreds of millions of yen
Second quarter6 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
2,865 Hundreds of millions of yen
Operating profit
170 Hundreds of millions of yen
Ordinary income
178 Hundreds of millions of yen
Net income
118 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Ink volume36 Hundreds of millions of yen
Ink prices32 Hundreds of millions of yen
Functional Materials15 Hundreds of millions of yen
Equipment1 Hundreds of millions of yen
Other-4 Hundreds of millions of yen
Foreign-Currency Translation73 Hundreds of millions of yen
Adjustments2 Hundreds of millions of yen
Operating profit
Ink prices32.3 Hundreds of millions of yen
Ink volume18.2 Hundreds of millions of yen
Functional Materials0.3 Hundreds of millions of yen
Raw materials-13.5 Hundreds of millions of yen
Equipment-0.1 Hundreds of millions of yen
Other-1.3 Hundreds of millions of yen
Foreign-Currency Translation4.8 Hundreds of millions of yen
Adjustments-1 Hundreds of millions of yen
Total costs-26 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate against the US dollar
Initial forecast¥150
Revised forecast¥155
Foreign exchange sensitivity
Net Sales¥14 100 million / ¥1 depreciation of the yen
Operating profit¥1 100 million / ¥1 depreciation of the yen
New initiatives
  • Capital and business alliance with Connectec Japan Co., Ltd.
  • Transition to a holding company structure in January 2027
  • Planned installation of DFC (direct food contact)-compliant equipment at the Tokyo Plant
  • Expansion of the coatings business, including PFAS-free oil-resistant and moisture-barrier agents
  • Acceleration of development of the electronics business in the semiconductor materials field
Key KPIsA metric the company considers important as a management benchmark.
  • Percentage change in revenue on a local-currency basis6.6 %
    Year on year against the same period last year+6.6%
  • Percentage change in operating profit on a local-currency basis11.7 %
    Year on year against the same period last year+11.7%
  • Exchange rate against the US dollar (interim-period average)¥158.18
  • Exchange-rate sensitivity (annual revenue)¥14 100 million / ¥1 depreciation of the yen
  • Exchange-rate sensitivity (annual operating profit)¥1 100 million / ¥1 depreciation of the yen
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Change in revenue attributable to ink volumes36 Hundreds of millions of yen
  • Change in revenue attributable to ink prices32 Hundreds of millions of yen
  • Interim-period volume growth rate by segmentShown for packaging, metal, coatings, and other products based on the 2020 interim period
Segment results
  • Printing inks and equipment (Japan)
    Net Sales269 Hundreds of millions of yen (YoY +8.0%)
    Operating profit21 Hundreds of millions of yen (YoY +386.6%)
  • Printing inks (Asia)
    Net Sales304 Hundreds of millions of yen (YoY +13.4%)
    Operating profit33 Hundreds of millions of yen (YoY +7.1%)
  • Printing inks (Americas)
    Net Sales562 Hundreds of millions of yen (YoY +11.7%)
    Operating profit22 Hundreds of millions of yen (YoY -26.8%)
  • Printing inks (Europe)
    Net Sales128 Hundreds of millions of yen (YoY +22.1%)
    Operating profit5 Hundreds of millions of yen (YoY +211.2%)
  • Functional Materials
    Net Sales151 Hundreds of millions of yen (YoY +15.8%)
    Operating profit12 Hundreds of millions of yen (YoY +9.3%)
Medium-term management plan targets
Fiscal year ending December 2026
Net Sales¥2,700 100 million excluding ROE and foreign exchange
Operating profit¥180 100 million excluding ROE and foreign exchange
Ordinary income¥190 100 million excluding ROE and foreign exchange
Net income¥127 100 million excluding ROE and foreign exchange
ROE10% or higher
Exchange rate against the US dollar¥135 100 million excluding ROE and foreign exchange
Segment operating profit target
Japan29 Hundreds of millions of yen
Asia43 Hundreds of millions of yen
Americas49 Hundreds of millions of yen
Europe5 Hundreds of millions of yen
Functional Materials44 Hundreds of millions of yen
Financial targets
ROE
2025 actual10 %
2026 medium-term management plan target10% or higher
Equity ratio
2026 interim period52 %
End of the previous fiscal year52.8 %
Capital expenditures
¥274 100 million planned and actual cumulative amount for fiscal 2024–2026
Annual Dividend
Annual dividend per share¥100 per share
Interim¥50 per share
End of period¥50 per share
Payout ratio
FY2026 forecast41.3 %
Total payout ratio50% or higher
Acquisition of treasury shares
Acquisition amount10 Hundreds of millions of yen
Acquisition periodImplemented in March 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending December 2026
Net Sales1,420 Hundreds of millions of yen (YoY +12.4%)
Operating profit90 Hundreds of millions of yen (YoY +18.0%)
Ordinary income99 Hundreds of millions of yen (YoY +14.9%)
Net income66 Hundreds of millions of yen (YoY +7.1%)
Results for the three months of the current quarterNet Sales Not disclosed / Operating profit by segment Printing inks and equipment (Japan) First quarter 5.6 Hundreds of millions of yen / Second quarter 16.1 Hundreds of millions of yen / Printing inks (Asia) First quarter 16.5 Hundreds of millions of yen / Second quarter 16.9 Hundreds of millions of yen / Printing inks (Americas) First quarter 12.8 Hundreds of millions of yen / Second quarter 9.7 Hundreds of millions of yen / Printing inks (Europe) First quarter 2.2 Hundreds of millions of yen / Second quarter 3.1 Hundreds of millions of yen / Functional Materials First quarter 6 Hundreds of millions of yen / Second quarter 6 Hundreds of millions of yen
Full-year earnings forecastNet Sales 2,865 Hundreds of millions of yen / Operating profit 170 Hundreds of millions of yen / Ordinary income 178 Hundreds of millions of yen / Net income 118 Hundreds of millions of yen
Segment resultsSegment Printing inks and equipment (Japan) / Net Sales 269 Hundreds of millions of yen (YoY +8.0%) / Operating profit 21 Hundreds of millions of yen (YoY +386.6%), Segment Printing inks (Asia) / Net Sales 304 Hundreds of millions of yen (YoY +13.4%) / Operating profit 33 Hundreds of millions of yen (YoY +7.1%), Segment Printing inks (Americas) / Net Sales 562 Hundreds of millions of yen (YoY +11.7%) / Operating profit 22 Hundreds of millions of yen (YoY -26.8%), Segment Printing inks (Europe) / Net Sales 128 Hundreds of millions of yen (YoY +22.1%) / Operating profit 5 Hundreds of millions of yen (YoY +211.2%), Segment Functional Materials / Net Sales 151 Hundreds of millions of yen (YoY +15.8%) / Operating profit 12 Hundreds of millions of yen (YoY +9.3%)
Breakdown of Factors Affecting the ChangeNet Sales Ink volume 36 Hundreds of millions of yen / Ink prices 32 Hundreds of millions of yen / Functional Materials 15 Hundreds of millions of yen / Equipment 1 Hundreds of millions of yen / Other -4 Hundreds of millions of yen / Foreign-Currency Translation 73 Hundreds of millions of yen / Adjustments 2 Hundreds of millions of yen / Operating profit Ink prices 32.3 Hundreds of millions of yen / Ink volume 18.2 Hundreds of millions of yen / Functional Materials 0.3 Hundreds of millions of yen / Raw materials -13.5 Hundreds of millions of yen / Equipment -0.1 Hundreds of millions of yen / Other -1.3 Hundreds of millions of yen / Foreign-Currency Translation 4.8 Hundreds of millions of yen / Adjustments -1 Hundreds of millions of yen / Total costs -26 Hundreds of millions of yen
Key KPIsIndicator name Percentage change in revenue on a local-currency basis / Value 6.6 % / Year on year against the same period last year 6.6 %, Indicator name Percentage change in operating profit on a local-currency basis / Value 11.7 % / Year on year against the same period last year 11.7 %, Indicator name Exchange rate against the US dollar (interim-period average) / Value ¥158.18 / Year on year against the same period last year Not disclosed, Indicator name Exchange-rate sensitivity (annual revenue) / Value ¥14 100 million / ¥1 depreciation of the yen / Year on year against the same period last year Not disclosed, Indicator name Exchange-rate sensitivity (annual operating profit) / Value ¥1 100 million / ¥1 depreciation of the yen / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Change in revenue attributable to ink volumes / Value 36 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Change in revenue attributable to ink prices / Value 32 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Interim-period volume growth rate by segment / Value Shown for packaging, metal, coatings, and other products based on the 2020 interim period / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookExchange rate against the US dollar Initial forecast ¥150 / Revised forecast ¥155 / Foreign exchange sensitivity Net Sales ¥14 100 million / ¥1 depreciation of the yen / Operating profit ¥1 100 million / ¥1 depreciation of the yen
Medium-term management plan targetsFiscal year ending December 2026 Net Sales ¥2,700 100 million (excluding ROE and foreign exchange) / Operating profit ¥180 100 million (excluding ROE and foreign exchange) / Ordinary income ¥190 100 million (excluding ROE and foreign exchange) / Net income ¥127 100 million (excluding ROE and foreign exchange) / ROE 10% or higher / Exchange rate against the US dollar ¥135 100 million (excluding ROE and foreign exchange) / Segment operating profit target Japan 29 Hundreds of millions of yen / Asia 43 Hundreds of millions of yen / Americas 49 Hundreds of millions of yen / Europe 5 Hundreds of millions of yen / Functional Materials 44 Hundreds of millions of yen
Financial targetsROE 2025 actual 10 % / 2026 medium-term management plan target 10% or higher / Equity ratio 2026 interim period 52 % / End of the previous fiscal year 52.8 %
Annual DividendAnnual dividend per share ¥100 per share / Interim ¥50 per share / End of period ¥50 per share
Payout ratioFY2026 forecast 41.3 % / Total payout ratio 50% or higher
Acquisition of treasury sharesAcquisition amount 10 Hundreds of millions of yen / Acquisition period Implemented in March 2026
Capital expenditures¥274 100 million (planned and actual cumulative amount for fiscal 2024–2026)
New initiativesCapital and business alliance with Connectec Japan Co., Ltd., Transition to a holding company structure in January 2027, Planned installation of DFC (direct food contact)-compliant equipment at the Tokyo Plant, Expansion of the coatings business, including PFAS-free oil-resistant and moisture-barrier agents, Acceleration of development of the electronics business in the semiconductor materials field
Items this document does not state (11)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookOrders 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.

Although raw material and logistics costs and labor expenses increased due to the situation in the Middle East, the impact was contained through price revisions, a review of procurement among group companies, joint purchasing, optimization of production and inventory, and expanded sales. For the full-year forecast, the operating profit forecast was left unchanged from the initial forecast, taking into account the uncertainty surrounding the situation in the Middle East despite strong first-half results.

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Second-Quarter (Interim) Financial Results Presentation for the Fiscal Year Ending December 2026 | SAKATA INX CORPORATION (4633) timely disclosure | Komori