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Results5304SEC CARBON,LIMITEDConstruction and Materials

Second-Quarter (Interim-Period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue, operating profit and net income exceeded the year-earlier period, driven by higher sales volumes and the weaker yen. Ordinary profit declined due to factors including foreign exchange losses, while the full-year operating profit forecast was revised to a level below the previous fiscal year's actual result.

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Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales12,004Millions of yenYear on year +16.6%Progress 41.7%
Operating profit1,842Millions of yenYear on year +16.6%Progress 47.2%
Ordinary income2,242Millions of yenYear on year -1.8%Progress 44.8%
Net income attributable to owners of the parent1,928Millions of yenYear on year +18.0%

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¥97.16
Financial position at period-end
Total assets87,394Millions of yen
of which net assets 78,155 Millions of yenEquity ratio 89.4%vs. prior year-end +0.2pt

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+4,311
Investment+657
Financials-2,007
Net change+2,961

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of 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 period6,553 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales28,800 Millions of yen (YoY +14.7%)
Operating profit3,900 Millions of yen (YoY -2.7%)
Ordinary income5,000 Millions of yen (YoY -12.0%)
Profit attributable to owners of the parent3,500 Millions of yen
Revision to Earnings ForecastNet Sales Not disclosed → 28,800 Millions of yen / Operating profit Not disclosed → 3,900 Millions of yen / Ordinary income Not disclosed → 5,000 Millions of yen / Profit attributable to owners of the parent Not disclosed → 3,500 Millions of yen
Annual Dividend Forecast100 Yen → 100 Yen(0.0%)
Factors Behind Changes in Business Performance

Sales increased for cathode blocks for aluminum smelting, specialty carbon products, fine powders and other carbon products. The weaker yen increased export revenue, while higher sales volumes and improved export profitability contributed to higher operating profit. At the same time, costs increased due to higher raw material and fuel prices, among other factors, and foreign exchange losses were incurred.

Disclosure regarding the going concern assumption

No applicable matters. The filing states, “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 None / Excluded None / Company name Not disclosed
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 540 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 44 Millions of yen
Depreciation and amortization895 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End20,694,340 shares
Treasury Shares at Period-End1,039,335 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales12,004 Millions of yen (YoY +16.6%)
Operating profit1,842 Millions of yen (YoY +16.6%)
Ordinary income2,242 Millions of yen (YoY -1.8%)
Profit attributable to owners of the parent1,928 Millions of yen (YoY +18.0%)
Net income per share¥97.16
Equity ratioEnd of the current fiscal period 89.4 / End of previous period 89.2
Total assets87,394 Millions of yen
Net assets78,155 Millions of yen
Cash flows from operating activities4,311 Millions of yen
Cash flows from investing activities657 Millions of yen
Cash flows from financing activities-2,007 Millions of yen
Cash and cash equivalents at end of period6,553 Millions of yen
Full-year earnings forecastNet Sales 28,800 Millions of yen (YoY +14.7%) / Operating profit 3,900 Millions of yen (YoY -2.7%) / Ordinary income 5,000 Millions of yen (YoY -12.0%) / Profit attributable to owners of the parent 3,500 Millions of yen
Revision to Earnings ForecastNet Sales Not disclosed → 28,800 Millions of yen / Operating profit Not disclosed → 3,900 Millions of yen / Ordinary income Not disclosed → 5,000 Millions of yen / Profit attributable to owners of the parent Not disclosed → 3,500 Millions of yen
Annual Dividend Forecast100 Yen → 100 Yen(0.0%)
Depreciation and amortization895 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 540 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 44 Millions of yen
Disclosure regarding the going concern assumptionNo applicable matters. The filing states, “There are no applicable matters.”
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew None / Excluded None / Company name Not disclosed
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End20,694,340 shares
Treasury Shares at Period-End1,039,335 shares
Factors Behind Changes in Business PerformanceSales increased for cathode blocks for aluminum smelting, specialty carbon products, fine powders and other carbon products. The weaker yen increased export revenue, while higher sales volumes and improved export profitability contributed to higher operating profit. At the same time, costs increased due to higher raw material and fuel prices, among other factors, and foreign exchange losses were incurred.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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 sales volumes of cathode blocks for aluminum smelting, specialty carbon products and fine powders, together with improved export revenue and export profitability due to the weaker yen, contributed to higher revenue and operating profit. Costs also increased due to higher raw material and fuel prices, among other factors, and foreign exchange losses were incurred. The reasons for revising the full-year earnings forecast are not explained in the main text; readers are directed to a separately published notice.

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Second-Quarter (Interim-Period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | SEC CARBON,LIMITED (5304) timely disclosure | Komori