Toagosei reports higher sales and operating profit for the interim period, raises full-year earnings forecast and increases both interim and year-end dividend forecasts

For the second quarter of the fiscal year ending December 2026, sales were in the ¥82.4 billion range and operating profit was approximately ¥7.9 billion, securing higher sales and operating profit year on year. Performance was strong mainly in polymers and oligomers, high-performance materials, and processed resin products, while basic chemicals were affected in some product categories but remained firm overall. Despite constraints on raw material procurement caused by the situation in the Middle East, the company maintained its production and shipping systems and continued stable supply. Based on its first-half results, the company raised its full-year earnings forecast and plans to increase both its interim and year-end dividend forecasts by ¥1, bringing the annual dividend to ¥72.

As its challenges and strategy for the second half of 2026, the company indicated that it would work to secure stable raw material procurement and address pricing in light of the impact of the situation in the Middle East, while sustaining profit growth centered on polymers and oligomers, high-performance materials, and processed resin products. It also specified plans to strengthen its overseas operations by raising its overseas sales ratio target from 18% in 2025 to 20% in 2026. The company indicated its intention to continue creating value through the expansion of high-performance products and overseas operations, which are pillars of its medium-term management plan, and to advance the execution of its growth strategy toward 2030.

Additional topics included progress toward the medium-term plan target for overseas sales, carbon-neutrality initiatives, and trends in shareholder returns. In summary, the company expressed its intention to continue pursuing an appropriate growth strategy.