Items stated in the management plan
Partially revisedEach line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Compared with the initial forecast, the semiconductor-related market environment has expanded significantly faster than expected. Profit margins are improving as utilization rates rise due to increased demand for KMAC. Profit margins at Marumae are expected to improve as its in-house production ratio rises. Market share is increasing as sales to new customers expand. Price increases across the Group are expected to offset cost increases and improve profit margins. As the likelihood of bringing forward the numerical targets under the previous plan increased, the Board of Directors approved the new numerical plan.
| Item | Details |
|---|---|
| Plan name | Medium-Term Business Plan “Fusion2028” |
| Plan period | FY ending August 2026–FY ending August 2028 |
| Progress against the plan | Partially revised |
| Sales Target | ¥25 billion → ¥32 billion（+28.0%） |
| Operating profit target | ¥5.6 billion → ¥8.2 billion（+46.4%） |
| Operating profit margin target | Not disclosed → Precision Components Business 32% / Functional materials business 20% |
| ROIC target | 15% → 25%（+66.7%） |
| Payout ratio / DOE policy | The target payout ratio is 35% or higher, with a minimum annual dividend of ¥30 and a minimum semiannual dividend of ¥15. This policy will be reconsidered if full-year net income is negative. Applicable period: Not disclosed. |
| Investment amount by sector | Field Capital investment aligned with market needs / Amount Not disclosed |
| Segment target | Segment Precision Components Business / Sales Target FY ending August 2026 ¥9.1 billion / FY ending August 2028 ¥14.5 billion / Operating profit target FY ending August 2026 ¥2.3 billion / FY ending August 2028 ¥4.7 billion, Segment Functional materials business / Sales Target FY ending August 2026 ¥10.9 billion / FY ending August 2028 ¥17.5 billion / Operating profit target FY ending August 2026 ¥2.2 billion (before amortization of goodwill and other items) / FY ending August 2028 ¥3.9 billion (before amortization of goodwill and other items) |
| Plan assumptions | The semiconductor-related market environment is expanding significantly faster than expected, Semiconductor Market Growth, Expansion of market share among existing customers and acquisition of new customers |
| Key initiatives | A. Capture customer needs by creating new materials and technologies, B. Target stable growth by expanding orders for consumables, Added a strategy to expand market share through capital investment aligned with market needs |
| Results under the previous plan | Net Sales ¥25 billion / Operating profit ¥5.6 billion / ROIC 15% → Not disclosed |
| Reason for revision or withdrawal | Compared with the initial forecast, the semiconductor-related market environment has expanded significantly faster than expected. Profit margins are improving as utilization rates rise due to increased demand for KMAC. Profit margins at Marumae are expected to improve as its in-house production ratio rises. Market share is increasing as sales to new customers expand. Price increases across the Group are expected to offset cost increases and improve profit margins. As the likelihood of bringing forward the numerical targets under the previous plan increased, the Board of Directors approved the new numerical plan. |
| Date of board resolution | 21 August 2026 |
| Publication date | 21 August 2026 |
Items this document does not state (9)
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.Profit margins are expected to improve and market share to increase as the semiconductor-related market expands significantly faster than expected, utilization rates improve due to increased demand for KMAC, Marumae’s in-house production ratio rises, sales to new customers expand, and price increases across the Group take effect. As the likelihood of bringing forward the numerical targets under the previous plan increased, the Board of Directors approved the new numerical plan.