Results for this period
Full year1 April 2025–31 March 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.
Sales of products related to focus areas such as semiconductors, generative AI and data centers reached record highs. In the Functional Coatings business, growth in demand, new adoptions and expanded sales contributed to results, while price competition for overseas paper-strengthening agents weighed on profit in the Paper Manufacturing & Environmental business. In the Adhesives & Biomass business, the consolidation of manufacturing sites and sales in Asia contributed to results, while utilization rates at the Chiba Alcon manufacturing facility improved for hydrogenated petroleum resins.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥82,135 million (YoY +2.4%) |
| Operating profit | ¥2,500 million (YoY +136.4%) |
| Ordinary income | ¥2,390 million (YoY +179.7%) |
| Profit attributable to owners of the parent | ¥2,201 million (YoY -16.8%) |
| Net income per share | ¥110.96 |
| Operating Margin | 3.0% |
| Equity ratio | End of the current fiscal period 49.5% / End of previous period 47.8% |
| Total assets | ¥126,059 million |
| Net assets | ¥59,240 million |
| Cash flows from operating activities | ¥4,176 million |
| Cash flows from investing activities | ¥-2,103 million |
| Cash flows from financing activities | ¥-286 million |
| Cash and cash equivalents at end of period | ¥8,413 million |
| Full-year earnings forecast | Net Sales ¥87,000 million (YoY +5.9%) / Operating profit ¥3,300 million (YoY +32.0%) / Ordinary income ¥2,800 million (YoY +17.1%) / Profit attributable to owners of the parent ¥2,250 million (YoY +2.2%) |
| Annual Dividend Forecast | ¥50 per share → ¥55 per share（+10.0%） |
| Payout ratio | Fiscal year ending March 2026 45.1 / Forecast for the fiscal year ending March 2027 48.5 |
| Shareholder Return Policy | As a general rule, maintain progressive dividends and raise the dividend payout ratio target to 50% |
| Segment revenue | Functional Coatings Business ¥18,206 million (YoY +8.1%), Paper Manufacturing & Environmental business ¥20,666 million (YoY -6.2%), Pressure-Sensitive Adhesives and Biomass Business ¥28,435 million (YoY +2.3%), Fine Electronics Business ¥14,748 million (YoY +9.6%) |
| Segment profit | Functional Coatings Business ¥2,203 million (YoY +80.6%), Paper Manufacturing & Environmental business ¥1,381 million (YoY -25.3%), Pressure-Sensitive Adhesives and Biomass Business ¥-1,400 million, Fine Electronics Business ¥895 million (YoY +5.7%) |
| Regional sales | ¥46,915 million, ¥17,416 million, ¥14,217 million, ¥3,586 million |
| Depreciation and amortization | ¥5,588 million |
| Impairment loss | Not applicable for the current fiscal year |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2 million, Gain on sale of investment securities ¥1,013 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥209 million, Loss on sale of investment securities ¥1 million, Impairment Loss on Investment Securities ¥166 million, Loss on Liquidation of Affiliates ¥470 million, Settlement payment ¥155 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 0 companies (none applicable) / Excluded 0 companies (none applicable) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 20,652,400 |
| Treasury Shares at Period-End | 813,671 |
| Factors Behind Changes in Business Performance | Sales of products related to focus areas such as semiconductors, generative AI and data centers reached record highs. In the Functional Coatings business, growth in demand, new adoptions and expanded sales contributed to results, while price competition for overseas paper-strengthening agents weighed on profit in the Paper Manufacturing & Environmental business. In the Adhesives & Biomass business, the consolidation of manufacturing sites and sales in Asia contributed to results, while utilization rates at the Chiba Alcon manufacturing facility improved for hydrogenated petroleum resins. |
Items this document does not state (2)
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.Sales of photocurable resins, fine chemical products and precision abrasives for hard disks reached record highs, driven by semiconductor, generative AI and data center-related demand. In the Functional Coatings business, growth in demand, new adoptions and expanded sales contributed to results. In the Paper Manufacturing & Environmental business, price competition for overseas paper-strengthening agents weighed on profit. In the Adhesives & Biomass business, the consolidation of manufacturing sites and solid sales in Asia contributed to results, while utilization rates at the Chiba Alcon manufacturing facility improved for hydrogenated petroleum resins.