Denka Company Limited published its summary of financial results for the second quarter of the fiscal year ending March 2027, reporting revenue of ¥208.721 billion and operating income of ¥24.709 billion, representing substantial profit growth. The full-year forecasts have also been revised, with revenue lowered while operating income and ordinary income were raised.
Denka Company Limited announced its summary of financial results for the second quarter of the fiscal year ending March 2027 on 9 November. Revenue was ¥208.721 billion and operating income was ¥24.709 billion, resulting in year-on-year growth in both revenue and profit.
Revenue in the Electronic and Advanced Products segment was ¥56.119 billion and operating income was ¥8.334 billion, with sales of spherical silica and spherical alumina performing well amid expanding demand for semiconductors used in AI applications.
Revenue in the Polymer Solutions segment was ¥76.739 billion and operating income was ¥7.214 billion. The results benefited from revised selling prices and sales of polystyrene resin by 東洋スチレン, which became a consolidated subsidiary.
Revenue in the Elastomers and Infrastructure Solutions segment was ¥48.149 billion, while operating income turned profitable at ¥5.687 billion. The Life Innovation segment, however, reported lower revenue and profit due to factors including a decline in sales volumes of POCT testing reagents. The full-year forecast was revised to revenue of ¥425.0 billion, down 5.6% from the previous forecast, operating income of ¥37.0 billion, up 23.3%, and ordinary income of ¥26.0 billion, up 30.0%. Net income was left unchanged.