Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Demand for plating chemicals for semiconductor package substrates, primarily for servers used in generative AI, remained strong. Demand for automotive applications remained firm as vehicles became more electrified and autonomous driving technology advanced, while the company focused on developing and proposing high-value-added products and expanding sales. In the plating processing business, there was an impact from soaring raw material prices and other factors, while the real estate leasing business was affected by costs associated with large-scale repair work.
No applicable items
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥52,838 million (YoY +26.7%) |
| Operating profit | ¥11,767 million (YoY +22.9%) |
| Ordinary income | ¥12,303 million (YoY +27.6%) |
| Profit attributable to owners of the parent | ¥8,700 million (YoY +26.9%) |
| Net income per share | ¥544.11 |
| Equity ratio | End of the current fiscal period 83.2 / End of previous period 83.6 |
| Total assets | ¥144,134 million |
| Net assets | ¥119,938 million |
| Cash flows from operating activities | ¥6,828 million |
| Cash flows from investing activities | ¥-2,033 million |
| Cash flows from financing activities | ¥-7,738 million |
| Cash and cash equivalents at end of period | ¥49,614 million |
| Full-year earnings forecast | Net Sales ¥108,200 million (YoY +17.9%) / Operating profit ¥24,700 million (YoY +15.8%) / Ordinary income ¥25,300 million (YoY +14.6%) / Profit attributable to owners of the parent ¥17,700 million (YoY +26.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥108,200 million / Operating profit Not disclosed → ¥24,700 million / Ordinary income Not disclosed → ¥25,300 million / Profit attributable to owners of the parent Not disclosed → ¥17,700 million |
| Annual Dividend Forecast | ¥290 → ¥290（0.0%） |
| Segment revenue | Surface treatment materials business ¥46,478 million (YoY +32.0%), Surface treatment equipment business ¥3,440 million (YoY -8.4%), Plating processing business ¥2,477 million (YoY +7.5%), Real Estate Leasing Business ¥431 million (YoY +0.5%) |
| Segment profit | Surface treatment materials business ¥11,350 million (YoY +23.5%), Surface treatment equipment business ¥454 million (YoY +40.1%), Plating processing business ¥-8 million, Real Estate Leasing Business ¥-45 million |
| Regional sales | ¥15,965 million, ¥11,423 million, ¥11,850 million, ¥3,743 million, ¥2,319 million, ¥2,214 million, ¥4,675 million, ¥215 million |
| Depreciation and amortization | ¥1,273 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥10 million / Extraordinary loss Loss on disposal or sale of fixed assets ¥11 million |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 18,099,000 |
| Treasury Shares at Period-End | 2,134,548 |
| Factors Behind Changes in Business Performance | Demand for plating chemicals for semiconductor package substrates, primarily for servers used in generative AI, remained strong. Demand for automotive applications remained firm as vehicles became more electrified and autonomous driving technology advanced, while the company focused on developing and proposing high-value-added products and expanding sales. In the plating processing business, there was an impact from soaring raw material prices and other factors, while the real estate leasing business was affected by costs associated with large-scale repair work. |
Items this document does not state (6)
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 demand for plating chemicals for semiconductor package substrates, primarily for servers used in generative AI, demand for automotive applications driven by the shift to electric vehicles and advances in autonomous driving technology, and the development, proposal and expanded sales of high-value-added products contributed to results.