Results for this period
Interim period (second quarter)1 October 2025–31 March 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Demand for products for eighth-generation OLED panel plants increased in the South Korean and Chinese markets, while demand for IT products and automotive panels increased in the Chinese and Taiwanese markets. In contrast, demand for VR devices declined in the Japanese market. In addition, changing the useful life of machinery and equipment from 5 years to 10 years increased operating income and other items by ¥969.095 million.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | 14,359 Millions of yen (YoY +0.6%) |
| Operating profit | 2,354 Millions of yen (YoY +10.0%) |
| Ordinary income | 2,672 Millions of yen (YoY +15.8%) |
| Profit attributable to owners of the parent | 1,837 Millions of yen (YoY +10.6%) |
| Net income per share | ¥176.93 |
| Equity ratio | End of the current fiscal period 82.3% / End of previous period 81.4% |
| Total assets | 43,271 Millions of yen |
| Net assets | 35,601 Millions of yen |
| Cash flows from operating activities | ¥3,321,572 thousand |
| Cash flows from investing activities | ¥-2,787,843 thousand |
| Cash flows from financing activities | ¥-1,382,001 thousand |
| Cash and cash equivalents at end of period | ¥8,941,127 thousand |
| Full-year earnings forecast | Net Sales 30,500 Millions of yen (YoY +4.5%) / Operating profit 4,600 Millions of yen (YoY +19.4%) / Ordinary income 4,600 Millions of yen (YoY +19.6%) / Net income 3,200 Millions of yen (YoY +17.2%) |
| Annual Dividend Forecast | ¥130 → ¥152 |
| Segment revenue | Large photomask business 13,911 Millions of yen (YoY -2.3%), Solutions Business 35 Millions of yen (YoY -8.8%), Screen mask and metal mask business 412 Millions of yen |
| Segment profit | Large photomask business 2,474 Millions of yen (YoY +8.8%), Solutions Business -154 Millions of yen, Screen mask and metal mask business 34 Millions of yen |
| Depreciation and amortization | ¥830,369 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥7,369 thousand, Impairment Losses on Shares of Affiliates ¥28,000 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 11,368,400 shares |
| Treasury Shares at Period-End | 971,493 shares |
| Factors Behind Changes in Business Performance | Demand for products for eighth-generation OLED panel plants increased in the South Korean and Chinese markets, while demand for IT products and automotive panels increased in the Chinese and Taiwanese markets. In contrast, demand for VR devices declined in the Japanese market. In addition, changing the useful life of machinery and equipment from 5 years to 10 years increased operating income and other items by ¥969.095 million. |
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.This was because improvements in equipment performance and the shift toward higher resolution and enhanced functionality in the flat-panel display market had reached a certain level, and the pace of technological innovation was judged to be moderating. After reviewing operating conditions, a discrepancy had arisen between the previously estimated useful life and the expected economically usable period, so the useful life was changed from 5 years to 10 years.