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Financial results presentation5142Achilles CorporationMaterials and Chemicals

Financial Results Overview for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

The interim period of the fiscal year ending March 2027 saw higher revenue and substantially higher profits, driven by growth in products in重点 focus areas and progress in cost reductions. The full-year forecasts have been revised upward for revenue and all profit items, and the year-end dividend forecast has been raised to ¥60 per share.

Worth reading
58In focus
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
1349
Millions of yen (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter (interim period) of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales42,663 Millions of yen+9.6%
Operating profit2,624 Millions of yen+105.8%
Ordinary income2,729 Millions of yen+84.4%
Net income2,749 Millions of yen+103.8%
Gross Profit Margin23.3%
Operating profit margin6.2%
Selling, general and administrative expenses7,334 Millions of yen
Results for the three months of the current quarter
Net Sales
21,302 Millions of yen
Operating profit
1,448 Millions of yen
Ordinary income
1,681 Millions of yen
Profit attributable to owners of parent for the quarter
1,726 Millions of yen
Full-year earnings forecast
Net Sales
87,000 Millions of yen
Operating profit
4,600 Millions of yen
Ordinary income
4,500 Millions of yen
Profit attributable to owners of the parent
3,800 Millions of yen
Year-end dividend
60 Yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in gross profit from higher sales805 Millions of yen
  • Improvement in gross margin791 Millions of yen
  • Increase in SG&A expenses-247 Millions of yen
New initiatives
  • Cessation of production at Achilles (Foshan) New Materials Co., Ltd. and consolidation of production bases in China
  • Establishment of the Overseas Business Strategy Office
  • Start of consideration for local production of materials for semiconductor wafer handling
  • Establishment of a Mexican subsidiary and development of a supply system for North and Central America
  • Full-scale operation of film production equipment for the medical sector at a North American site
  • Planned launch of the Achilles SORBO wellness series
  • Development of technology for forming high-density plating films on glass substrates
  • Reorganisation of the R&D Division
Key KPIsA metric the company considers important as a management benchmark.
  • First-half net income per share201.19 Yen
    Year on year against the same period last year+102.5%
  • Equity ratio52.1 %
    Year on year against the same period last year+0.3 percentage points
Segment results
  • Business Division 1
    Net Sales26,372 Millions of yen (YoY +12.3%)
    Segment profit2,281 Millions of yen (YoY +48.5%)
  • Business Division 2
    Net Sales12,697 Millions of yen (YoY +14.2%)
    Segment profit1,941 Millions of yen (YoY +84.2%)
  • Shoes BU
    Net Sales3,593 Millions of yen (YoY -16.7%)
    Segment profit-280 Millions of yen
Medium-term management plan targets
Net Sales
¥880 hundred million
Target fiscal yearFY2027
Operating profit
¥30 hundred million
Target fiscal yearFY2027
Operating profit margin
3.4 %
Target fiscal yearFY2027
ROE
5.0% or more
Target fiscal yearFY2027
Revenue outlook for FY2030
1,000 Billions of yen
Operating profit outlook for FY2030
50 Billions of yen
Financial targets
ROE
Medium-term management plan targets5.0% or more
Fiscal 2030 outlook7.0% or more
Equity ratio
Interim results52.1 %
Annual Dividend
Annual dividend per share60 Yen
Year-end dividend60 Yen
Payout ratio
21.6 %
PolicyAt least 30%
Total payout ratio
21.6 %
Acquisition of treasury shares
The policy is to implement share buybacks flexibly, taking into account consolidated performance, growth investments and the share price, among other factors. The amount, number of shares and period of the acquisition program are Not disclosed.
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2027
Net Sales42,663 Millions of yen (YoY +9.6%)
Operating profit2,624 Millions of yen (YoY +105.8%)
Ordinary income2,729 Millions of yen (YoY +84.4%)
Net income2,749 Millions of yen (YoY +103.8%)
Gross Profit Margin23.3%
Operating profit margin6.2%
Selling, general and administrative expenses7,334 Millions of yen
Results for the three months of the current quarterNet Sales 21,302 Millions of yen / Operating profit 1,448 Millions of yen / Ordinary income 1,681 Millions of yen / Profit attributable to owners of parent for the quarter 1,726 Millions of yen
Full-year earnings forecastNet Sales 87,000 Millions of yen / Operating profit 4,600 Millions of yen / Ordinary income 4,500 Millions of yen / Profit attributable to owners of the parent 3,800 Millions of yen / Year-end dividend 60 Yen
Segment resultsSegment Business Division 1 / Net Sales 26,372 Millions of yen (YoY +12.3%) / Segment profit 2,281 Millions of yen (YoY +48.5%), Segment Business Division 2 / Net Sales 12,697 Millions of yen (YoY +14.2%) / Segment profit 1,941 Millions of yen (YoY +84.2%), Segment Shoes BU / Net Sales 3,593 Millions of yen (YoY -16.7%) / Segment profit -280 Millions of yen
Breakdown of Factors Affecting the ChangeFactors Increase in gross profit from higher sales / Amount 805 Millions of yen, Factors Improvement in gross margin / Amount 791 Millions of yen, Factors Increase in SG&A expenses / Amount -247 Millions of yen
Key KPIsIndicator name First-half net income per share / Value 201.19 Yen / Year on year against the same period last year 102.46 Yen, Indicator name Equity ratio / Value 52.1 % / Year on year against the same period last year +0.3 percentage points
Medium-term management plan targetsNet Sales Target fiscal year FY2027 / Value ¥880 hundred million / Operating profit Target fiscal year FY2027 / Value ¥30 hundred million / Operating profit margin Target fiscal year FY2027 / Value 3.4 % / ROE Target fiscal year FY2027 / Value 5.0% or more / Revenue outlook for FY2030 Value 1,000 Billions of yen / Operating profit outlook for FY2030 Value 50 Billions of yen
Financial targetsROE Medium-term management plan targets 5.0% or more / Fiscal 2030 outlook 7.0% or more / Interim results Not disclosed / Equity ratio Interim results 52.1 %
Annual DividendAnnual dividend per share 60 Yen / Interim Dividend Not disclosed / Year-end dividend 60 Yen
Payout ratioValue 21.6 % / Policy At least 30% / Total payout ratio Value 21.6 %
Acquisition of treasury sharesThe policy is to implement share buybacks flexibly, taking into account consolidated performance, growth investments and the share price, among other factors. The amount, number of shares and period of the acquisition program are Not disclosed.
New initiativesCessation of production at Achilles (Foshan) New Materials Co., Ltd. and consolidation of production bases in China, Establishment of the Overseas Business Strategy Office, Start of consideration for local production of materials for semiconductor wafer handling, Establishment of a Mexican subsidiary and development of a supply system for North and Central America, Full-scale operation of film production equipment for the medical sector at a North American site, Planned launch of the Achilles SORBO wellness series, Development of technology for forming high-density plating films on glass substrates, Reorganisation of the R&D Division
Items this document does not state (11)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

Higher revenue from films for the electronics sector, materials for semiconductor wafer handling, and materials for vehicle interiors, together with cost reductions from production consolidation, a review of raw materials, and reductions in raw material losses and energy consumption, boosted profit. Interim net profit also benefited from a ¥1,383 million gain on the sale of investment securities associated with the reduction of cross-shareholdings.

How to read this page

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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.
Financial Results Overview for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | Achilles Corporation (5142) timely disclosure | Komori