Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
Revenue from refractories increased due to higher revenue at the Company on a non-consolidated basis and its overseas affiliates, while profit decreased due to higher raw material and fuel costs, equipment problems and repair expenses at Gouda and SAM. Revenue from insulation materials increased due to a recovery in semiconductor-related demand and expanded sales, revenue from advanced equipment increased due to higher sales of fine ceramics products, and engineering revenue increased due to the contribution from Reframax. Engineering posted a loss due to the deferral of large construction projects to the second half of the fiscal year and higher costs resulting from inflation. Net income increased due to a gain on the sale of fixed assets associated with the acquisition of land for the Quinana plant.
No matters to report
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 94,158 Millions of yen (YoY +15.0%) |
| Operating profit | 4,100 Millions of yen (YoY -34.0%) |
| Ordinary income | 5,530 Millions of yen (YoY -20.4%) |
| Profit attributable to owners of the parent | 6,283 Millions of yen (YoY +43.9%) |
| Net income per share | ¥137.66 |
| Equity ratio | End of the current fiscal period 47.2 / End of previous period 46.1 |
| Total assets | 239,316 Millions of yen |
| Net assets | 121,949 Millions of yen |
| Full-year earnings forecast | Net Sales 198,000 Millions of yen (YoY +11.4%) / Operating profit 13,000 Millions of yen (YoY -4.5%) / Ordinary income 14,000 Millions of yen (YoY -12.4%) / Net income 10,500 Millions of yen (YoY -59.7%) |
| Annual Dividend Forecast | 90 Yen → 95 Yen（+5.6%） |
| Segment revenue | Refractories 59,365 Millions of yen (YoY +12.1%), Insulation materials 9,145 Millions of yen (YoY +5.5%), Advanced equipment and materials 2,524 Millions of yen (YoY +29.4%), Engineering 23,846 Millions of yen (YoY +29.0%) |
| Segment profit | Refractories 4,157 Millions of yen (YoY -8.7%), Insulation materials 1,289 Millions of yen (YoY +7.9%), Advanced equipment and materials -6 Millions of yen, Engineering -1,375 Millions of yen |
| Impairment loss | Not applicable (impairment loss on fixed assets during the interim consolidated accounting period) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of fixed assets 3,851 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 47 Millions of yen, Loss on business restructuring 213 Millions of yen |
| Disclosure regarding the going concern assumption | No matters to report |
| 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 Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 47,146,830 shares |
| Treasury Shares at Period-End | 1,480,122 treasury shares |
| Factors Behind Changes in Business Performance | Revenue from refractories increased due to higher revenue at the Company on a non-consolidated basis and its overseas affiliates, while profit decreased due to higher raw material and fuel costs, equipment problems and repair expenses at Gouda and SAM. Revenue from insulation materials increased due to a recovery in semiconductor-related demand and expanded sales, revenue from advanced equipment increased due to higher sales of fine ceramics products, and engineering revenue increased due to the contribution from Reframax. Engineering posted a loss due to the deferral of large construction projects to the second half of the fiscal year and higher costs resulting from inflation. Net income increased due to a gain on the sale of fixed assets associated with the acquisition of land for the Quinana plant. |
Items this document does not state (12)
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.Revenue increased due to higher revenue at the Company on a non-consolidated basis and its overseas affiliates, a recovery in semiconductor-related demand and expanded sales, increased sales of fine ceramics products, and the contribution from Brazil's Reframax. Operating profit decreased due to higher raw material and fuel costs, equipment problems at Gouda and SAM, and the deferral of Reframax's large construction projects to the second half of the fiscal year, together with higher costs. Net income increased due to a gain on the sale of fixed assets associated with the acquisition of land for the Quinana plant.