Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
13.4
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales56,474million yenYear on year +13.4%Progress 92.1%
Operating profit5,805million yenYear on year +18.6%Progress 98.4%
Ordinary income6,157million yenYear on year +16.9%Progress 108.0%
Net income attributable to owners of the parent4,995million yenYear on year +25.8%Progress 124.9%
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¥150.57
Operating Margin10.3%
Financial position at period-end
Total assets81,039million yen
of which net assets 50,688 million yenEquity ratio 62.5%vs. prior year-end -5.2pt
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+3,144
Investment-7,090
Financials+1,748
Net change-2,198
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 period14,880 million yen
Segment revenue
Electronic Materials35,882,86863.9%+14.0%
Industrial structural materials13,731,13224.5%+29.3%
Electrical insulating materials2,546,5644.5%+3.7%
Display materials3,973,7507.1%+19.1%
Segment profit
Electronic Materials3,558,50947.1%+24.7%
Industrial structural materials2,901,92738.4%+64.7%
Electrical insulating materials264,6323.5%+55.5%
Display materials833,84811.0%+51.8%
Regional salesThe current consolidated fiscal year Japan 23,945,004 thousand yen / China 15,257,041 thousand yen / Other regions 17,272,162 thousand yen / Previous consolidated fiscal year Japan 20,580,334 thousand yen / China 14,171,847 thousand yen / Other regions 15,063,434 thousand yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales61,300 million yen (YoY +8.5%)
Operating profit5,900 million yen (YoY +1.6%)
Ordinary income5,700 million yen (YoY -7.4%)
Net income4,000 million yen (YoY -19.9%)
Annual Dividend Forecast96 yen → 98 yen
Payout ratio80.3%
Factors Behind Changes in Business Performance
In electronic materials, demand increased for smartphones and semiconductors. In industrial structural materials, sales increased for honeycomb panels for aircraft and FRP pressure vessels for water treatment. In electrical insulation materials, sales increased for infrastructure-related applications. In display materials, sales decreased for 3D-related materials and components using polarized light.
Disclosure regarding the going concern assumption
Not applicable.
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 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsOn 16 April 2026, the Company established Arisawa Manufacturing America Inc. in California, U.S., and completed payment of its capital contribution of USD 4,500 thousand. The Company plans to acquire a plant as a foothold for expanding its electronic materials and industrial structural materials businesses in the United States.
Impairment loss1,759 thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 2,170 thousand yen, Gain on sale of investment securities 107,268 thousand yen, Gain on bargain purchase 168,953 thousand yen, Subsidy income 164,020 thousand yen, Other 12,598 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 31,714 thousand yen, Impairment Losses 1,759 thousand yen
Depreciation and amortization2,465,554 thousand yen
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End33,603,924 shares
Treasury Shares at Period-End827,640 shares
Supplementary financial results materialsYes
| 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 | 56,474 million yen (YoY +13.4%) |
| Operating profit | 5,805 million yen (YoY +18.6%) |
| Ordinary income | 6,157 million yen (YoY +16.9%) |
| Profit attributable to owners of the parent | 4,995 million yen (YoY +25.8%) |
| Net income per share | ¥150.57 |
| Operating Margin | 10.3% |
| Equity ratio | End of the current fiscal period 62.5% / End of previous period 67.7% |
| Total assets | 81,039 million yen |
| Net assets | 50,688 million yen |
| Cash flows from operating activities | 3,144 million yen |
| Cash flows from investing activities | -7,090 million yen |
| Cash flows from financing activities | 1,748 million yen |
| Cash and cash equivalents at end of period | 14,880 million yen |
| Full-year earnings forecast | Net Sales 61,300 million yen (YoY +8.5%) / Operating profit 5,900 million yen (YoY +1.6%) / Ordinary income 5,700 million yen (YoY -7.4%) / Net income 4,000 million yen (YoY -19.9%) |
| Annual Dividend Forecast | 96 yen → 98 yen |
| Payout ratio | 80.3% |
| Segment revenue | Segment Electronic Materials / Net Sales 35,882,868 thousand yen / Year on year against the same period last year 14.0% increase, Segment Industrial structural materials / Net Sales 13,731,132 thousand yen / Year on year against the same period last year 29.3% increase, Segment Electrical insulating materials / Net Sales 2,546,564 thousand yen / Year on year against the same period last year 3.7% increase, Segment Display materials / Net Sales 3,973,750 thousand yen / Year on year against the same period last year 19.1% decrease |
| Segment profit | Segment Electronic Materials / Segment profit 3,558,509 thousand yen / Year on year against the same period last year 24.7% increase, Segment Industrial structural materials / Segment profit 2,901,927 thousand yen / Year on year against the same period last year 64.7% increase, Segment Electrical insulating materials / Segment profit 264,632 thousand yen / Year on year against the same period last year 55.5% increase, Segment Display materials / Segment profit 833,848 thousand yen / Year on year against the same period last year Down 51.8% year on year |
| Regional sales | The current consolidated fiscal year Japan 23,945,004 thousand yen / China 15,257,041 thousand yen / Other regions 17,272,162 thousand yen / Previous consolidated fiscal year Japan 20,580,334 thousand yen / China 14,171,847 thousand yen / Other regions 15,063,434 thousand yen |
| Depreciation and amortization | 2,465,554 thousand yen |
| Impairment loss | 1,759 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 2,170 thousand yen, Gain on sale of investment securities 107,268 thousand yen, Gain on bargain purchase 168,953 thousand yen, Subsidy income 164,020 thousand yen, Other 12,598 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 31,714 thousand yen, Impairment Losses 1,759 thousand yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 / Excluded 0 companies / Company name None |
| Material subsequent events | On 16 April 2026, the Company established Arisawa Manufacturing America Inc. in California, U.S., and completed payment of its capital contribution of USD 4,500 thousand. The Company plans to acquire a plant as a foothold for expanding its electronic materials and industrial structural materials businesses in the United States. |
| Supplementary financial results materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 33,603,924 shares |
| Treasury Shares at Period-End | 827,640 shares |
| Factors Behind Changes in Business Performance | In electronic materials, demand increased for smartphones and semiconductors. In industrial structural materials, sales increased for honeycomb panels for aircraft and FRP pressure vessels for water treatment. In electrical insulation materials, sales increased for infrastructure-related applications. In display materials, sales decreased for 3D-related materials and components using polarized light. |
Items this document does not state (3)
Revision to Earnings ForecastShareholder 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.Net sales increased due to higher demand for smartphones and semiconductors, as well as strong sales of honeycomb panels for aircraft and FRP pressure vessels for water treatment. For the next fiscal year, the Company expects uncertainty to persist due to U.S. economic policies, geopolitical risks and soaring energy prices.
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.