Semiannual securities report — FY2026 H1

During the current interim consolidated accounting period, functional materials, including electrophotographic carrier, saw substantial declines in both sales volume and net sales due to weakening demand from major customers and the impact of accelerated shipments, while sales of quality preservation products, including oxygen absorbers, were broadly unchanged from the same period of the previous year. As a result, net sales were ¥4,051 million, down 11.0% year on year, operating loss was ¥25 million, compared with operating profit of ¥189 million in the same period of the previous year, and interim net loss attributable to owners of the parent was ¥25 million, compared with interim net profit of ¥126 million in the same period of the previous year.