Materials for the First-Quarter Earnings Briefing for the Fiscal Year Ending December 2026 (Fiscal 2026) | artience Co.,Ltd. (4634) timely disclosure

Worth reading

71In 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

7.5

Year-on-year change in net sales (%)

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter 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 Sales¥883 100 million+7.5%

Operating profit¥52 100 million+16.1%

Ordinary income¥61 100 million+45.4%

Net income¥66 100 million+123.0%

Operating profit margin5.9 %

Results for the three months of the current quarter

Net Sales

¥883 100 million

Operating profit

¥52 100 million

Ordinary income

¥61 100 million

Profit attributable to owners of parent for the quarter

¥66 100 million

Full-year earnings forecast

Net Sales

¥3,600 100 million

Operating profit

¥230 100 million

Ordinary income

¥225 100 million

Profit attributable to owners of the parent

¥210 100 million

Operating profit margin

6.4 %

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

First-quarter results are progressing steadily against plan

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Raw Material Prices¥-19 100 million
Cost reductions¥10 100 million
Higher expenses¥0 100 million
Expanding Sales¥4 100 million
Price revision¥10 100 million
Foreign Exchange Movements¥2 100 million

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

U.S. dollar exchange rate150 JPY/USD
Euro exchange rate170 JPY/EUR
Chinese yuan exchange rate20 JPY/RMB
Naphtha prices¥65,000 /KL

New initiatives

Diversification of raw material suppliers and use of alternative solvents
Supply chain optimization
Launch of sales of locally produced products from the Chinese JV and transfer of production from Taiwan
Launch of local production for the second European customer for LiB CNT dispersions
Horizontal recycling using delamination recycling technology and recycling of packaging materials

Key KPIsA metric the company considers important as a management benchmark.

Overseas revenue ratio56.6 %
Year on year against the same period last year+2.1 percentage points
Number of European customers for LiB CNT dispersions2 companies
Number of U.S. customers for LiB CNT dispersions2 companies
Number of Chinese customers for LiB CNT dispersions1 companies
Number of Japanese customers for LiB CNT dispersions1 companies

Segment results

Colorants and Functional Materials

Net Sales

¥200 100 million

Operating profit

¥6 100 million

Revenue, year on year0.9

Year-on-year operating profit growth26.9

Polymers and coating

Net Sales

¥224 100 million

Operating profit

¥20 100 million

Revenue, year on year5.8

Year-on-year operating profit growth25.8

Package

Net Sales

¥238 100 million

Operating profit

¥13 100 million

Revenue, year on year10.3

Year-on-year operating profit growth14.9

Printing and information

Net Sales

¥215 100 million

Operating profit

¥12 100 million

Revenue, year on year11.4

Year-on-year operating profit growth16.6

Medium-term management plan targets

Shareholder return allocationAt least ¥40 billion over 3 years

Total payout ratio50% or higher

Financial targets

ROE

Forecast value8 %

Equity ratio

Actual value58.8 %

Debt-to-equity ratio

Actual value0.31 times

Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.

¥120 100 million

DetailsImpact of higher raw material prices on FY2026 earnings if naphtha prices remain at ¥110,000–¥120,000/KL

Capital expenditures

¥179 100 million

Annual Dividend

¥120 per share

Interim

¥60 per share

End of period

¥60 per share

Acquisition of treasury shares

Mention of flexible share repurchases. The new amount, number of shares and acquisition period were not disclosed

Contents of this document
Item	Details
Document type	Financial results presentation
Fiscal Period Covered	First quarter of the fiscal year ending December 2026
Net Sales	¥883 100 million (YoY +7.5%)
Operating profit	¥52 100 million (YoY +16.1%)
Ordinary income	¥61 100 million (YoY +45.4%)
Net income	¥66 100 million (YoY +123.0%)
Operating profit margin	5.9 %
Results for the three months of the current quarter	Net Sales ¥883 100 million / Operating profit ¥52 100 million / Ordinary income ¥61 100 million / Profit attributable to owners of parent for the quarter ¥66 100 million
Full-year earnings forecast	Net Sales ¥3,600 100 million / Operating profit ¥230 100 million / Ordinary income ¥225 100 million / Profit attributable to owners of the parent ¥210 100 million / Operating profit margin 6.4 %
Self-assessment against the plan	First-quarter results are progressing steadily against plan
Segment results	Colorants and Functional Materials Net Sales ¥200 100 million / Operating profit ¥6 100 million / Revenue, year on year 0.9 / Year-on-year operating profit growth 26.9 / Polymers and coating Net Sales ¥224 100 million / Operating profit ¥20 100 million / Revenue, year on year 5.8 / Year-on-year operating profit growth 25.8 / Package Net Sales ¥238 100 million / Operating profit ¥13 100 million / Revenue, year on year 10.3 / Year-on-year operating profit growth 14.9 / Printing and information Net Sales ¥215 100 million / Operating profit ¥12 100 million / Revenue, year on year 11.4 / Year-on-year operating profit growth 16.6
Breakdown of Factors Affecting the Change	Factors Raw Material Prices / Amount ¥-19 100 million, Factors Cost reductions / Amount ¥10 100 million, Factors Higher expenses / Amount ¥0 100 million, Factors Expanding Sales / Amount ¥4 100 million, Factors Price revision / Amount ¥10 100 million, Factors Foreign Exchange Movements / Amount ¥2 100 million
Key KPIs	Indicator name Overseas revenue ratio / Value 56.6 % / Year on year against the same period last year +2.1 percentage points, Indicator name Number of European customers for LiB CNT dispersions / Value 2 companies / Year on year against the same period last year Not disclosed, Indicator name Number of U.S. customers for LiB CNT dispersions / Value 2 companies / Year on year against the same period last year Not disclosed, Indicator name Number of Chinese customers for LiB CNT dispersions / Value 1 companies / Year on year against the same period last year Not disclosed, Indicator name Number of Japanese customers for LiB CNT dispersions / Value 1 companies / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business Outlook	Item U.S. dollar exchange rate / Value 150 JPY/USD, Item Euro exchange rate / Value 170 JPY/EUR, Item Chinese yuan exchange rate / Value 20 JPY/RMB, Item Naphtha prices / Value ¥65,000 /KL
Risk amount incorporated into the outlook	Amount ¥120 100 million / Details Impact of higher raw material prices on FY2026 earnings if naphtha prices remain at ¥110,000–¥120,000/KL
Medium-term management plan targets	Shareholder return allocation At least ¥40 billion over 3 years / Total payout ratio 50% or higher / Target fiscal year Not disclosed
Financial targets	ROE Forecast value 8 % / Equity ratio Actual value 58.8 % / Debt-to-equity ratio Actual value 0.31 times
Annual Dividend	Annual Dividend ¥120 per share / Interim ¥60 per share / End of period ¥60 per share
Acquisition of treasury shares	Mention of flexible share repurchases. The new amount, number of shares and acquisition period were not disclosed
Capital expenditures	¥179 100 million
New initiatives	Diversification of raw material suppliers and use of alternative solvents, Supply chain optimization, Launch of sales of locally produced products from the Chinese JV and transfer of production from Taiwan, Launch of local production for the second European customer for LiB CNT dispersions, Horizontal recycling using delamination recycling technology and recycling of packaging materials

Items this document does not state (10)

Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesPayout ratioOrders 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.

The recovery in CF materials for large displays, together with steady performance in optical adhesives, liquid inks, UV inks, adhesives and can coatings, contributed to higher sales. Operating income increased due to domestic cost reductions and price revisions, stable raw material prices, and the recovery of display-related products. Net income included a gain of ¥3.6 billion on the sale of investment securities.

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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