戸田工業 announced its first-half results for the fiscal year ending March 2027, with revenue up 7.4% year on year to ¥15.371 billion and operating profit up 44.1% to ¥864 million. It also raised its full-year forecasts to revenue of ¥32.000 billion, operating profit of ¥1.500 billion and net income attributable to owners of the parent of ¥2.100 billion.
戸田工業 released its first-half results for the fiscal year ending March 2027. Revenue for the period was ¥15.371 billion, up 7.4% year on year. Operating profit was ¥864 million, a substantial improvement of 44.1% year on year.
The results reflected the effects of product price adjustments, increased demand for dielectric materials and recording materials driven by the spread of AI, and strong sales of rare-earth bonded magnet materials. By segment, electronic materials generated revenue of ¥11.523 billion and segment profit of ¥1.523 billion.
Following the sale of all shares held in Zhejiang Huayuan Applied New Materials Co., Ltd., an equity-method affiliate, the company recorded a ¥1.265 billion gain on the sale of investments in an affiliate as extraordinary income. Interim net income attributable to owners of the parent was ¥1.889 billion, compared with a ¥108 million loss in the year-earlier period.
The full-year forecast was raised to revenue of ¥32.000 billion, up 10.3% from the previous forecast, operating profit of ¥1.500 billion, up 50.0%, and net income attributable to owners of the parent of ¥2.100 billion, up 320.0%. Although the company expects higher raw material and energy prices to have an impact, it anticipates firm demand from the second half onward, particularly for dielectric materials.