Worth reading
45Recurring
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
15.3
% (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales46,562Million yenYear on year +15.3%Progress 49.5%
Operating profit2,490Million yenYear on year +168.1%Progress 54.1%
Ordinary income2,262Million yenYear on year +254.1%Progress 55.2%
Net income attributable to owners of the parent2,168Million yenYear on year +199.2%
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¥109.30
Financial position at period-end
Total assets130,394Million yen
of which net assets 62,408 Million yenEquity ratio 50.9%vs. prior year-end +1.4pt
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+3,848
Investment-2,206
Financials-3,199
Net change-1,557
Stacked from zero: upward is an increase in cash, downward a decrease (in Million yen).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 period7,018 Million yen
Segment revenueFunctional Coatings Business 10,756 Million yen (YoY +19.8%), Paper Manufacturing & Environmental business 11,398 Million yen (YoY +12.9%), Pressure-Sensitive Adhesives and Biomass Business 16,021 Million yen (YoY +15.3%), Fine Electronics Business 8,351 Million yen (YoY +13.4%)
Segment profitFunctional Coatings Business 1,798 Million yen (YoY +78.3%), Paper Manufacturing & Environmental business 1,001 Million yen (YoY +87.4%), Pressure-Sensitive Adhesives and Biomass Business -590 Million yen, Fine Electronics Business 607 Million yen (YoY +121.6%)
Regional sales26,498 Million yen, 9,292 Million yen, 8,329 Million yen, 2,441 Million yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales94,000 Million yen (YoY +14.4%)
Operating profit4,600 Million yen (YoY +84.0%)
Ordinary income4,100 Million yen (YoY +71.5%)
Profit attributable to owners of the parent3,200 Million yen (YoY +45.4%)
Revision to Earnings ForecastNet Sales 87,000 Million yen → 94,000 Million yen（+8.0%） / Operating profit 3,300 Million yen → 4,600 Million yen（+39.4%） / Ordinary income 2,800 Million yen → 4,100 Million yen（+46.4%） / Profit attributable to owners of the parent 2,250 Million yen → 3,200 Million yen（+42.2%）
Annual Dividend Forecast50 Yen → 70 Yen（+40.0%）
Factors Behind Changes in Business Performance
Increased sales volumes of products related to focus areas such as semiconductors, generative AI and data centers; expanding demand; new product adoptions and expanded sales; and price revisions across each business to reflect rising costs.
Disclosure regarding the going concern assumption
There are no applicable matters.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsThe company resolved to introduce a performance-linked share delivery plan for employees and to dispose of 256,000 treasury shares through a third-party allotment to Japan Master Trust Bank, Ltd. (Stock Grant ESOP Trust Account). The total disposal amount is ¥503,040,000, and the disposal date is scheduled for 26 November 2026.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 8 Million yen, Gain on sales of investment securities 21 Million yen, Government subsidies 934 Million yen / Extraordinary loss Loss on disposal and sale of non-current assets 55 Million yen, Loss on reduction of non-current assets 775 Million yen
Depreciation and amortization2,491 Million yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End20,652,400
Treasury Shares at Period-End813,758
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 46,562 Million yen (YoY +15.3%) |
| Operating profit | 2,490 Million yen (YoY +168.1%) |
| Ordinary income | 2,262 Million yen (YoY +254.1%) |
| Profit attributable to owners of the parent | 2,168 Million yen (YoY +199.2%) |
| Net income per share | ¥109.30 |
| Equity ratio | End of the current fiscal period 50.9 / End of previous period 49.5 |
| Total assets | 130,394 Million yen |
| Net assets | 62,408 Million yen |
| Cash flows from operating activities | 3,848 Million yen |
| Cash flows from investing activities | -2,206 Million yen |
| Cash flows from financing activities | -3,199 Million yen |
| Cash and cash equivalents at end of period | 7,018 Million yen |
| Full-year earnings forecast | Net Sales 94,000 Million yen (YoY +14.4%) / Operating profit 4,600 Million yen (YoY +84.0%) / Ordinary income 4,100 Million yen (YoY +71.5%) / Profit attributable to owners of the parent 3,200 Million yen (YoY +45.4%) |
| Revision to Earnings Forecast | Net Sales 87,000 Million yen → 94,000 Million yen（+8.0%） / Operating profit 3,300 Million yen → 4,600 Million yen（+39.4%） / Ordinary income 2,800 Million yen → 4,100 Million yen（+46.4%） / Profit attributable to owners of the parent 2,250 Million yen → 3,200 Million yen（+42.2%） |
| Annual Dividend Forecast | 50 Yen → 70 Yen（+40.0%） |
| Segment revenue | Functional Coatings Business 10,756 Million yen (YoY +19.8%), Paper Manufacturing & Environmental business 11,398 Million yen (YoY +12.9%), Pressure-Sensitive Adhesives and Biomass Business 16,021 Million yen (YoY +15.3%), Fine Electronics Business 8,351 Million yen (YoY +13.4%) |
| Segment profit | Functional Coatings Business 1,798 Million yen (YoY +78.3%), Paper Manufacturing & Environmental business 1,001 Million yen (YoY +87.4%), Pressure-Sensitive Adhesives and Biomass Business -590 Million yen, Fine Electronics Business 607 Million yen (YoY +121.6%) |
| Regional sales | 26,498 Million yen, 9,292 Million yen, 8,329 Million yen, 2,441 Million yen |
| Depreciation and amortization | 2,491 Million yen |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 8 Million yen, Gain on sales of investment securities 21 Million yen, Government subsidies 934 Million yen / Extraordinary loss Loss on disposal and sale of non-current assets 55 Million yen, Loss on reduction of non-current assets 775 Million yen |
| Disclosure regarding the going concern assumption | There are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | The company resolved to introduce a performance-linked share delivery plan for employees and to dispose of 256,000 treasury shares through a third-party allotment to Japan Master Trust Bank, Ltd. (Stock Grant ESOP Trust Account). The total disposal amount is ¥503,040,000, and the disposal date is scheduled for 26 November 2026. |
| Availability of Supplementary Financial Results Materials | Available |
| 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 | 813,758 |
| Factors Behind Changes in Business Performance | Increased sales volumes of products related to focus areas such as semiconductors, generative AI and data centers; expanding demand; new product adoptions and expanded sales; and price revisions across each business to reflect rising costs. |
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlog
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.Increased sales volumes in focus areas such as semiconductors, generative AI and data centers; significantly higher sales of photocurable resins for functional coating materials and precision polishing agents for hard disks; and price revisions across each business to reflect rising costs.
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.