Komori
Results4980Dexerials CorporationMaterials and Chemicals

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

In the interim period of the fiscal year ending March 2027, revenue declined 2.6% year on year and operating profit declined 11.6%, resulting in lower revenue and profit. The full-year earnings forecast remains unchanged, while the annual dividend forecast has been increased from ¥58 for the previous fiscal year to ¥64.

Worth reading
45Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-2.6
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRS
Net Sales55,959¥ millionYear on year -2.6%Progress 45.5%
Operating profit17,603¥ millionYear on year -11.6%Progress 45.7%
Ordinary income17,492¥ millionYear on year -11.6%Progress 45.4%
Net income attributable to owners of the parent12,639¥ millionYear on year -5.7%Progress 46.0%

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¥75.41
Financial position at period-end
Total assets189,921¥ million
of which net assets 118,270 ¥ millionEquity ratio 62.3%vs. prior year-end -3.9pt

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+15,622
Investment-14,911
Financials+1,601
Net change+2,312

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¥18,870 million
Segment revenueOptical Materials Components ¥21,396 million (YoY -15.6%), Electronic Materials Components ¥35,062 million (YoY +7.9%)
Segment profitOptical Materials Components ¥5,785 million (YoY -28.1%), Electronic Materials Components ¥11,911 million (YoY -1.6%)
Regional sales¥27,005 million, ¥13,605 million, ¥2,709 million, ¥7,821 million, ¥4,816 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥123,000 million (YoY +8.1%)
Operating profit¥38,500 million (YoY +1.1%)
Ordinary income¥38,500 million (YoY +0.3%)
Net income¥27,500 million (YoY -1.8%)
Annual Dividend Forecast¥58 → ¥64
Factors Behind Changes in Business Performance

Sales of products for high-end smartphones remained solid, while sales volumes of ARF products for notebook PC displays and automobiles declined. Lower production volumes due to soaring memory prices and shortages in the procurement of InP substrates also affected sales volumes.

Disclosure regarding the going concern assumption

None (the notes on the going concern assumption state that there are no applicable matters)

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 Not disclosed
Changes in the scope of consolidationNo changes (no company names or number of companies added or excluded were disclosed)
Depreciation and amortization¥4,579 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End174,741,400
Treasury Shares at Period-End7,019,431
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥55,959 million (YoY -2.6%)
Operating profit¥17,603 million (YoY -11.6%)
Ordinary income¥17,492 million (YoY -11.6%)
Profit attributable to owners of the parent¥12,639 million (YoY -5.7%)
Net income per share¥75.41
Equity ratioEnd of the current fiscal period 62.3 / End of previous period 66.2
Total assets¥189,921 million
Net assets¥118,270 million
Cash flows from operating activities¥15,622 million
Cash flows from investing activities¥-14,911 million
Cash flows from financing activities¥1,601 million
Cash and cash equivalents at end of period¥18,870 million
Full-year earnings forecastNet Sales ¥123,000 million (YoY +8.1%) / Operating profit ¥38,500 million (YoY +1.1%) / Ordinary income ¥38,500 million (YoY +0.3%) / Net income ¥27,500 million (YoY -1.8%)
Annual Dividend Forecast¥58 → ¥64
Segment revenueOptical Materials Components ¥21,396 million (YoY -15.6%), Electronic Materials Components ¥35,062 million (YoY +7.9%)
Segment profitOptical Materials Components ¥5,785 million (YoY -28.1%), Electronic Materials Components ¥11,911 million (YoY -1.6%)
Regional sales¥27,005 million, ¥13,605 million, ¥2,709 million, ¥7,821 million, ¥4,816 million
Depreciation and amortization¥4,579 million
Disclosure regarding the going concern assumptionNone (the notes on the going concern assumption state that there are no applicable matters)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed
Changes in the scope of consolidationNo changes (no company names or number of companies added or excluded were disclosed)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End174,741,400
Treasury Shares at Period-End7,019,431
Factors Behind Changes in Business PerformanceSales of products for high-end smartphones remained solid, while sales volumes of ARF products for notebook PC displays and automobiles declined. Lower production volumes due to soaring memory prices and shortages in the procurement of InP substrates also affected sales volumes.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material 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.

Resins for precision bonding and shaped ACF products remained solid for high-end smartphones, but sales volumes of ARF products for notebook PC displays and automobiles declined. Sales volumes were also affected by lower production of smartphones and other products due to soaring memory prices, as well as shortages in the procurement of InP substrates for certain products.

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.
Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [IFRS] | Dexerials Corporation (4980) timely disclosure | Komori