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Presentation materials for financial results4634artience Co.,Ltd.Materials and Chemicals

Materials for the First-Half Earnings Briefing for the Fiscal Year Ending December 2026

In the first half of the fiscal year ending December 2026, net sales, operating income, ordinary income and net income all exceeded the year-earlier period, while the operating margin also improved. The full-year earnings and dividend forecasts remain unchanged, and the company expects higher sales and earnings.

Worth reading
81Important
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
32
Year-on-year increase in operating income (¥100 million)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst half of the fiscal year ending December 202614 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,897 Hundreds of millions of yen+12.4%
Operating profit126 Hundreds of millions of yen+34.1%
Ordinary income146 Hundreds of millions of yen+69.4%
Net income137 Hundreds of millions of yen+150.9%
Operating profit margin6.6%
Results for the three months of the current quarter
Net Sales
1,013 Hundreds of millions of yen
Operating profit
74 Hundreds of millions of yen
Year on year against the same period last year
Net Sales17
Operating profit50.6
Full-year earnings forecast
Net Sales
3,600 Hundreds of millions of yen
Operating profit
230 Hundreds of millions of yen
Ordinary income
225 Hundreds of millions of yen
Net income
210 Hundreds of millions of yen
Operating profit margin
6.4%
ROE
8.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing smoothly against the full-year plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Expanding Sales35 Hundreds of millions of yen
  • Price revision73 Hundreds of millions of yen
  • Cost reductions10 Hundreds of millions of yen
  • Foreign Exchange Movements6 Hundreds of millions of yen
  • Raw material prices-37 Hundreds of millions of yen
  • Higher expenses-55 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • 1 USD¥150
  • 1 EUR¥170
  • 1 RMB¥20
  • Naphtha¥65,000 /KL
New initiatives
  • Transition to local production of resist inks through a JV with a Chinese company
  • Establishment of new optical adhesive production facilities in Jiangmen, China, scheduled to begin operations in 2027
  • Expansion of the color resist ink business for CMOS image sensors
  • Location-based strategy and ESS applications for CNT dispersions for LiBs
  • Company-wide adoption of ROIC as a performance metric
  • Cancellation of 3 million treasury shares scheduled for the end of August 2026
Key KPIsA metric the company considers important as a management benchmark.
  • Overseas revenue ratio56.3 %
    Year on year against the same period last year+2.1 percentage points
  • ROE8 %
  • Percentage of new graduate hires who are women54.2 %
    Year on year against the same period last year41.2% in the prior year
  • Decarbonization roadmap coverage97 %
    Year on year against the same period last year88% in the prior year
  • CCC112 days
    Year on year against the same period last year111 days in the prior year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Overseas liquid ink volumeMore than 10% increase year on year
    Year on year against the same period last yearIncreased
  • China volume of CNT dispersions for LiBs1.5 times the first-quarter level
Segment results
  • Colorants and Functional Materials
    Net Sales427 Hundreds of millions of yen
    Operating profit19 Hundreds of millions of yen
    Year-on-year change in revenue3.3
    Year-on-year operating profit growth129.6
  • Polymers and coating
    Net Sales499 Hundreds of millions of yen
    Operating profit46 Hundreds of millions of yen
    Year-on-year change in revenue13.7
    Year-on-year operating profit growth25.2
  • Package
    Net Sales520 Hundreds of millions of yen
    Operating profit36 Hundreds of millions of yen
    Year-on-year change in revenue18.1
    Year-on-year operating profit growth44.7
  • Printing and information
    Net Sales438 Hundreds of millions of yen
    Operating profit24 Hundreds of millions of yen
    Year-on-year change in revenue13
    Year-on-year operating profit growth18.3
Medium-term management plan targets
  • Net sales
    Target value5,000
    Target fiscal yearFiscal year ending December 2029
  • ROE
    Target valueAt least 10.0%
    Target fiscal yearFiscal year ending December 2029
  • 2026 sales
    Target value3,600
    Target fiscal yearFiscal year ending December 2026
  • 2026 operating income
    Target value230
    Target fiscal yearFiscal year ending December 2026
Financial targets
  • ROE
    Target value8.0%
    Actual valueFull-year forecast of 8.0% in the first-half materials
  • Equity ratio
    Actual value58.7%
  • D/E ratio
    Actual value0.29
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
170 Hundreds of millions of yen
DetailsImpact of higher raw material prices if current market conditions continue through the end of FY2026
Market Size / Share
  • Global CIS market22.8 US$ billion 2024
  • Global CIS market forecast30.5 US$ billion 2029 forecast
Capital expenditures
¥179 100 million fiscal 2026 plan
Annual Dividend
Annual dividend per share¥120
Breakdown
Interim60
End of period60
Acquisition of treasury shares
Acquisition amountApproximately ¥20 billion in total (13 August 2024 to end-February 2026)
Period13 August 2024 to end-February 2026
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst half of the fiscal year ending December 2026
Net Sales1,897 Hundreds of millions of yen (YoY +12.4%)
Operating profit126 Hundreds of millions of yen (YoY +34.1%)
Ordinary income146 Hundreds of millions of yen (YoY +69.4%)
Net income137 Hundreds of millions of yen (YoY +150.9%)
Operating profit margin6.6%
Results for the three months of the current quarterNet Sales 1,013 Hundreds of millions of yen / Operating profit 74 Hundreds of millions of yen / Year on year against the same period last year Net Sales 17 / Operating profit 50.6
Full-year earnings forecastNet Sales 3,600 Hundreds of millions of yen / Operating profit 230 Hundreds of millions of yen / Ordinary income 225 Hundreds of millions of yen / Net income 210 Hundreds of millions of yen / Operating profit margin 6.4% / ROE 8.0%
Self-assessment against the planProgressing smoothly against the full-year plan
Segment resultsSegment Colorants and Functional Materials / Net Sales 427 Hundreds of millions of yen / Operating profit 19 Hundreds of millions of yen / Year-on-year change in revenue 3.3 / Year-on-year operating profit growth 129.6, Segment Polymers and coating / Net Sales 499 Hundreds of millions of yen / Operating profit 46 Hundreds of millions of yen / Year-on-year change in revenue 13.7 / Year-on-year operating profit growth 25.2, Segment Package / Net Sales 520 Hundreds of millions of yen / Operating profit 36 Hundreds of millions of yen / Year-on-year change in revenue 18.1 / Year-on-year operating profit growth 44.7, Segment Printing and information / Net Sales 438 Hundreds of millions of yen / Operating profit 24 Hundreds of millions of yen / Year-on-year change in revenue 13 / Year-on-year operating profit growth 18.3
Breakdown of Factors Affecting the ChangeFactors Expanding Sales / Amount 35 Hundreds of millions of yen, Factors Price revision / Amount 73 Hundreds of millions of yen, Factors Cost reductions / Amount 10 Hundreds of millions of yen, Factors Foreign Exchange Movements / Amount 6 Hundreds of millions of yen, Factors Raw material prices / Amount -37 Hundreds of millions of yen, Factors Higher expenses / Amount -55 Hundreds of millions of yen
Key KPIsIndicator name Overseas revenue ratio / Value 56.3 % / Year on year against the same period last year +2.1 percentage points, Indicator name ROE / Value 8 % / Year on year against the same period last year Not disclosed, Indicator name Percentage of new graduate hires who are women / Value 54.2 % / Year on year against the same period last year 41.2% in the prior year, Indicator name Decarbonization roadmap coverage / Value 97 % / Year on year against the same period last year 88% in the prior year, Indicator name CCC / Value 112 days / Year on year against the same period last year 111 days in the prior year
Unit price and quantity metricsIndicator name Overseas liquid ink volume / Value More than 10% increase year on year / Year on year against the same period last year Increased, Indicator name China volume of CNT dispersions for LiBs / Value 1.5 times the first-quarter level / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookIndicator name 1 USD / Value ¥150, Indicator name 1 EUR / Value ¥170, Indicator name 1 RMB / Value ¥20, Indicator name Naphtha / Value ¥65,000 /KL
Risk amount incorporated into the outlookAmount 170 Hundreds of millions of yen / Details Impact of higher raw material prices if current market conditions continue through the end of FY2026
Medium-term management plan targetsIndicator name Net sales / Target value 5,000 Hundreds of millions of yen / Target fiscal year Fiscal year ending December 2029, Indicator name ROE / Target value At least 10.0% / Target fiscal year Fiscal year ending December 2029, Indicator name 2026 sales / Target value 3,600 Hundreds of millions of yen / Target fiscal year Fiscal year ending December 2026, Indicator name 2026 operating income / Target value 230 Hundreds of millions of yen / Target fiscal year Fiscal year ending December 2026
Financial targetsIndicator name ROE / Target value 8.0% / Actual value Full-year forecast of 8.0% in the first-half materials, Indicator name Equity ratio / Target value Not disclosed / Actual value 58.7%, Indicator name D/E ratio / Target value Not disclosed / Actual value 0.29
Annual DividendAnnual dividend per share ¥120 / Breakdown Interim 60 / End of period 60
Acquisition of treasury sharesAcquisition amount Approximately ¥20 billion in total (13 August 2024 to end-February 2026) / Period 13 August 2024 to end-February 2026
Capital expenditures¥179 100 million (fiscal 2026 plan)
Market Size / ShareMarket Global CIS market / Value 22.8 US$ billion (2024), Market Global CIS market forecast / Value 30.5 US$ billion (2029 forecast)
New initiativesTransition to local production of resist inks through a JV with a Chinese company, Establishment of new optical adhesive production facilities in Jiangmen, China, scheduled to begin operations in 2027, Expansion of the color resist ink business for CMOS image sensors, Location-based strategy and ESS applications for CNT dispersions for LiBs, Company-wide adoption of ROIC as a performance metric, Cancellation of 3 million treasury shares scheduled for the end of August 2026
Items this document does not state (8)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesPayout ratioOrders received and order backlogKey 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.

In response to higher raw material prices resulting from the situation in the Middle East, the company implemented price revisions and cost reductions. Sales volumes and revenue also increased overseas for liquid inks, laminating adhesives, UV inks and display materials. Net income included a ¥5.1 billion gain on the sale of investment securities associated with reducing the company's shareholdings.

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