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Results4635TOKYO PRINTING INK MFG.CO.,LTD.Materials and Chemicals

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the first six months of the fiscal year ending March 2027, revenue increased 10.1% year on year and operating profit rose 60.6%, resulting in higher revenue and earnings. The full-year revenue and earnings forecasts, as well as the annual dividend forecast, were revised.

Worth reading
55In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
60.6
% (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales26,796¥ millionYear on year +10.1%Progress 49.2%
Operating profit1,760¥ millionYear on year +60.6%Progress 48.2%
Ordinary income1,856¥ millionYear on year +54.2%Progress 48.2%
Net income attributable to owners of the parent1,570¥ millionYear on year +100.0%

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¥126.04
Financial position at period-end
Total assets56,781¥ million
of which net assets 32,510 ¥ millionEquity ratio 56.9%vs. prior year-end -2.5pt

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.

Cash inflows and outflows
Operating+20
Investment-867
Financials+1,210
Net change+363

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥4,650 million
Segment revenue
Ink Business9,75836.4%+9.3%
Chemical Products Business12,74047.5%+9.1%
Processed Products Business4,25215.9%+15.3%
Real Estate Leasing Business450.2%0.0%
Segment profit
Ink Business53329.1%+7.6%
Chemical Products Business70438.5%+63.1%
Processed Products Business56630.9%+190.8%
Real Estate Leasing Business261.4%+5.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥54,500 million (YoY +9.2%)
Operating profit¥3,650 million (YoY +64.6%)
Ordinary income¥3,850 million (YoY +56.9%)
Profit attributable to owners of the parent¥3,300 million (YoY +76.7%)
Annual Dividend Forecast¥63 per share (prior-year actual converted based on the post-stock-split share count) → ¥115 per share (prior-year actual converted based on the post-stock-split share count)(+82.5%)
Factors Behind Changes in Business Performance

Sales increased across all businesses, while the expansion of sales of high-value-added products increased the sales mix of more profitable products. The company proceeded with selling price revisions, product portfolio optimisation and a shift toward high-value-added products, and recorded a ¥580 million gain from the revision of the retirement benefit plan.

Disclosure regarding the going concern assumption

Not applicable.

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 consolidationAdded: 0 companies; excluded: 0 companies
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment: none)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 million, Gain on revision of retirement benefit plans ¥580 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥5 million
Depreciation and amortization¥776 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (1 December 2026, for institutional investors and analysts)
Issued Shares at Period-End13,628,790
Treasury Shares at Period-End1,277,053
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥26,796 million (YoY +10.1%)
Operating profit¥1,760 million (YoY +60.6%)
Ordinary income¥1,856 million (YoY +54.2%)
Profit attributable to owners of the parent¥1,570 million (YoY +100.0%)
Net income per share¥126.04
Equity ratioEnd of the current fiscal period 56.9 / End of previous period 59.4
Total assets¥56,781 million
Net assets¥32,510 million
Cash flows from operating activities¥20 million
Cash flows from investing activities¥-867 million
Cash flows from financing activities¥1,210 million
Cash and cash equivalents at end of period¥4,650 million
Full-year earnings forecastNet Sales ¥54,500 million (YoY +9.2%) / Operating profit ¥3,650 million (YoY +64.6%) / Ordinary income ¥3,850 million (YoY +56.9%) / Profit attributable to owners of the parent ¥3,300 million (YoY +76.7%)
Annual Dividend Forecast¥63 per share (prior-year actual converted based on the post-stock-split share count) → ¥115 per share (prior-year actual converted based on the post-stock-split share count)(+82.5%)
Segment revenueInk Business ¥9,758 million (YoY +9.3%) / Chemical Products Business ¥12,740 million (YoY +9.1%) / Processed Products Business ¥4,252 million (YoY +15.3%) / Real Estate Leasing Business ¥45 million (YoY 0.0%)
Segment profitInk Business ¥533 million (YoY +7.6%) / Chemical Products Business ¥704 million (YoY +63.1%) / Processed Products Business ¥566 million (YoY +190.8%) / Real Estate Leasing Business ¥26 million (YoY +5.5%)
Depreciation and amortization¥776 million
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment: none)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 million, Gain on revision of retirement benefit plans ¥580 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥5 million
Disclosure regarding the going concern assumptionNot applicable.
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 consolidationAdded: 0 companies; excluded: 0 companies
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (1 December 2026, for institutional investors and analysts)
Issued Shares at Period-End13,628,790
Treasury Shares at Period-End1,277,053
Factors Behind Changes in Business PerformanceSales increased across all businesses, while the expansion of sales of high-value-added products increased the sales mix of more profitable products. The company proceeded with selling price revisions, product portfolio optimisation and a shift toward high-value-added products, and recorded a ¥580 million gain from the revision of the retirement benefit plan.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

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 addition to stronger sales across all businesses, the expansion of sales of high-value-added products increased the sales mix of more profitable products. The company worked to secure appropriate selling prices, optimise its product portfolio and shift toward high-value-added products. In addition, interim net income attributable to owners of the parent benefited from a ¥580 million gain from the revision of the retirement benefit plan.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
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 Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOKYO PRINTING INK MFG.CO.,LTD. (4635) timely disclosure | Komori