#TokuyamaCorporation

Tokuyama Corporation plans to transfer the domestic sales business of cement and solidifying agents and shares of certain consolidated subsidiaries to a newly established wholly owned subsidiary through an absorption-type company split, and subsequently transfer the shares of that subsidiary to Taiheiyo Cement Corporation for 37,000 million yen (scheduled October 1, 2026).

Consolidated net sales for the third quarter of the fiscal year ending March 2026 amounted to 251.524 billion yen (down 0.7% YoY), operating income was 26.730 billion yen (up 26.9% YoY), and net income attributable to owners of parent for the quarter was 18.870 billion yen (up 11.5% YoY).

Tokuyama Corporation announced a revision of its full-year earnings guidance for the fiscal year ending March 2026 to net sales of 3,515 billion yen (3.6% decrease from the previous forecast), operating income of 390 billion yen (6.0% decrease), and others.

Resolved change of representative directors effective April 1, 2026. Mr. Hiroshi Yokota will assume the position of Representative Director Chairman and Executive Officer, and Mr. Tomohiro Inoue will become Representative Director President and Executive Officer.