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How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending March 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥25,137 million-1.7%
Operating profit¥445 million+9.9%
Ordinary income¥665 million-4.6%
Net income¥302 million-42.0%
Results for the three months of the current quarter
DetailsQuarterly revenue, operating profit and operating margin are presented for the Material Solutions business and the Advanced Technology business. Standalone quarterly figures for the consolidated group as a whole are Not disclosed
Full-year earnings forecast
Net Sales
¥26,000 million
Operating profit
¥550 million
Ordinary income
¥550 million
Net income for the current fiscal year
¥200 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales96.7%
Operating profit81.0%
Ordinary income121.0%
Net income for the current fiscal year151.1%
Material Solutions revenue99.3%
Advanced Technology revenue88.7%
Material Solutions operating profit91.0%
Advanced Technology operating profit75.8%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and operating profit fell short of the forecasts. Ordinary profit and below, however, exceeded the forecastsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Recalculation of retirement benefit obligations
¥292 million
OtherLower revenue from automotive products and food packaging materials, higher sales of agricultural and horticultural products, equity-method income, and lower tender-offer-related expenses
New initiatives
- Strengthen staffing for the ground-source heat business and collaboration with construction companies
- Withdraw from low-growth, low-profitability products and review pricing
- Make the resin products processing company （有）ミネ a subsidiary and strengthen collaboration
- Begin sales operations at the India site
- Optimize the global production system
- Obtain ISO 9001 certification for the Ohio plant and work toward obtaining IATF 16949 certification
Key KPIsA metric the company considers important as a management benchmark.
Ground-source heat business revenue
¥467 million
Year on year against the same period last yearIncreased from ¥229 million in the fiscal year ended March 2025
Segment results
Material Solutions business
Net Sales
¥19,854 million+1.7%
Operating profit
¥1,001 million+10.0%
Advanced Technology business
Net Sales
¥5,323 million-12.7%
Operating profit
¥60 million-50.2%
Other
Operating profit
¥-616 million
Financial targets
Equity ratio
55.4 %
ROIC
1.4 %
ROA
1 %
ROE
1.8 %
Capital expenditures
¥1,250 million
Annual Dividend
No dividend for the fiscal year ended March 2026. The breakdown between the interim and year-end dividends is Not disclosed| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥25,137 million (YoY -1.7%) |
| Operating profit | ¥445 million (YoY +9.9%) |
| Ordinary income | ¥665 million (YoY -4.6%) |
| Net income | ¥302 million (YoY -42.0%) |
| Results for the three months of the current quarter | Details Quarterly revenue, operating profit and operating margin are presented for the Material Solutions business and the Advanced Technology business. Standalone quarterly figures for the consolidated group as a whole are Not disclosed |
| Full-year earnings forecast | Net Sales ¥26,000 million / Operating profit ¥550 million / Ordinary income ¥550 million / Net income for the current fiscal year ¥200 million |
| Progress against full-year forecast | Net Sales 96.7% / Operating profit 81.0% / Ordinary income 121.0% / Net income for the current fiscal year 151.1% / Material Solutions revenue 99.3% / Advanced Technology revenue 88.7% / Material Solutions operating profit 91.0% / Advanced Technology operating profit 75.8% |
| Self-assessment against the plan | Revenue and operating profit fell short of the forecasts. Ordinary profit and below, however, exceeded the forecasts |
| Segment results | Material Solutions business Net Sales ¥19,854 million (YoY +1.7%) / Operating profit ¥1,001 million (YoY +10.0%) / Advanced Technology business Net Sales ¥5,323 million (YoY -12.7%) / Operating profit ¥60 million (YoY -50.2%) / Other Operating profit ¥-616 million |
| Breakdown of Factors Affecting the Change | Recalculation of retirement benefit obligations ¥292 million / Other Lower revenue from automotive products and food packaging materials, higher sales of agricultural and horticultural products, equity-method income, and lower tender-offer-related expenses |
| Key KPIs | Ground-source heat business revenue ¥467 million |
| Financial targets | Equity ratio 55.4 % / ROIC 1.4 % / ROA 1 % / ROE 1.8 % |
| Annual Dividend | No dividend for the fiscal year ended March 2026. The breakdown between the interim and year-end dividends is Not disclosed |
| Capital expenditures | ¥1,250 million |
| New initiatives | Strengthen staffing for the ground-source heat business and collaboration with construction companies, Withdraw from low-growth, low-profitability products and review pricing, Make the resin products processing company （有）ミネ a subsidiary and strengthen collaboration, Begin sales operations at the India site, Optimize the global production system, Obtain ISO 9001 certification for the Ohio plant and work toward obtaining IATF 16949 certification |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.Automotive sales declined due to the expiration of North American EV subsidies, tariffs and inventory adjustments in the Chinese market, among other factors, while food packaging materials for convenience stores performed poorly as demand weakened amid higher prices. Meanwhile, heat-shielding and light-blocking products for agriculture and horticulture, as well as the ground-source heat business, performed strongly and contributed to operating profit. Net profit included income from the equity method, while expenses related to the tender offer were also recorded. The forecasts for the fiscal year ending March 2027 were left undetermined because of uncertainty surrounding the situation in the Middle East, crude oil prices, supply chains, procurement of raw materials, logistics and energy costs, and the timing and extent of changes in demand and the pass-through of higher prices.
How to read this page
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