Worth reading
68In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1300
¥ million (full-year operating profit forecast revision)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,954 million+5.9%
Operating profit¥1,723 million+230.5%
Ordinary income¥1,480 million+419.3%
Net income¥1,156 million +334.5%net income attributable to owners of the parent
Selling, general and administrative expenses¥1,205 million
Full-year earnings forecast
Net Sales
¥21,900 million
Operating profit
¥3,100 million
Ordinary income
¥2,700 million
Profit attributable to owners of the parent
¥2,000 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales47.2%
Operating profit95.7%
Profit attributable to owners of the parent144.6%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Domestic wax
+¥460 million
Number of versions▲711 ton
Unit price+¥76/kg
Wax exports
+¥90 million
Number of versions▲280 ton
Unit price+¥28/kg
Wax total
+¥550 million
Number of versions▲992 ton
Unit price+¥56/kg
Operating cash flow
Profit before income taxes for the period+¥1,217 million
Change in inventories▲¥2,526 million
Other+¥898 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Brent$70/bbl
Gas Oil$90/bbl
Foreign exchange155 JPY/USD
New initiatives
- Increased R&D spending and collaboration with external organizations
- Start of Sample Work for Rice Wax
- Expansion of sales of water-based wax emulsions
- Early repayment of the remaining balance of the capital subordinated loan
- Dismantling and removal of aging equipment at the Tokuyama Plant and installation of equipment for manufacturing new products and other purposes
Key KPIsA metric the company considers important as a management benchmark.
- Wax sales volume (domestic)11,038 tonYear on year against the same period last year▲711 ton
- Wax sales volume (exports)6,974 tonYear on year against the same period last year▲280 ton
- Wax sales volume (total)18,012 tonYear on year against the same period last year▲992 ton
- Wax selling price (domestic)622 Yen/kgYear on year against the same period last year+¥76/kg
- Wax selling price (exports)382 Yen/kgYear on year against the same period last year+¥28/kg
- Wax selling price (total)529 Yen/kgYear on year against the same period last year+¥56/kg
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Domestic
Number of versions11,038 ton
Unit price¥622/kg
Exports
Number of versions6,974 ton
Unit price¥382/kg
Wax total
Number of versions18,012 ton
Unit price¥529/kg
Market Size / Share
Domestic market share for the fiscal year ended December 2025日本精蝋, approximately 80%
OtherApproximately 20%
Number of employees
Standalone228 People
Consolidated277 People
As ofEnd of June 2026
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | ¥9,954 million (YoY +5.9%) |
| Operating profit | ¥1,723 million (YoY +230.5%) |
| Ordinary income | ¥1,480 million (YoY +419.3%) |
| Net income | ¥1,156 million (net income attributable to owners of the parent) (YoY +334.5%) |
| Selling, general and administrative expenses | ¥1,205 million |
| Full-year earnings forecast | Net Sales ¥21,900 million / Operating profit ¥3,100 million / Ordinary income ¥2,700 million / Profit attributable to owners of the parent ¥2,000 million |
| Progress against full-year forecast | Net Sales 47.2% / Operating profit 95.7% / Profit attributable to owners of the parent 144.6% / Ordinary income Not disclosed |
| Breakdown of Factors Affecting the Change | Domestic wax Number of versions ▲711 ton / Unit price +¥76/kg / Amount +¥460 million / Wax exports Number of versions ▲280 ton / Unit price +¥28/kg / Amount +¥90 million / Wax total Number of versions ▲992 ton / Unit price +¥56/kg / Amount +¥550 million / Operating cash flow Profit before income taxes for the period +¥1,217 million / Change in inventories ▲¥2,526 million / Other +¥898 million |
| Key KPIs | Indicator name Wax sales volume (domestic) / Value 11,038 ton / Year on year against the same period last year ▲711 ton, Indicator name Wax sales volume (exports) / Value 6,974 ton / Year on year against the same period last year ▲280 ton, Indicator name Wax sales volume (total) / Value 18,012 ton / Year on year against the same period last year ▲992 ton, Indicator name Wax selling price (domestic) / Value 622 Yen/kg / Year on year against the same period last year +¥76/kg, Indicator name Wax selling price (exports) / Value 382 Yen/kg / Year on year against the same period last year +¥28/kg, Indicator name Wax selling price (total) / Value 529 Yen/kg / Year on year against the same period last year +¥56/kg |
| Unit price and quantity metrics | Domestic Number of versions 11,038 ton / Unit price ¥622/kg / Exports Number of versions 6,974 ton / Unit price ¥382/kg / Wax total Number of versions 18,012 ton / Unit price ¥529/kg |
| Number of employees | Standalone 228 People / Consolidated 277 People / As of End of June 2026 |
| Assumptions Underlying the Business Outlook | Brent $70/bbl / Gas Oil $90/bbl / Foreign exchange 155 JPY/USD |
| Market Size / Share | Domestic market share for the fiscal year ended December 2025 日本精蝋, approximately 80% / Other Approximately 20% |
| New initiatives | Increased R&D spending and collaboration with external organizations, Start of Sample Work for Rice Wax, Expansion of sales of water-based wax emulsions, Early repayment of the remaining balance of the capital subordinated loan, Dismantling and removal of aging equipment at the Tokuyama Plant and installation of equipment for manufacturing new products and other purposes |
Items this document does not state (15)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterSelf-assessment against the planSegment resultsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
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.Selling prices were revised in response to surging raw material prices amid heightened tensions in the Middle East. However, in the first half, raw materials purchased before the price increases were used, delaying their impact on cost of sales. Higher inventory unit costs also contributed to profits exceeding the initial forecasts. In the second half, the first half's increase in raw material prices is expected to be reflected in cost of sales, and the extent of earnings growth is expected to narrow from the first half.
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.