Financial Summary for the Fiscal Year Ending November 2025 (Japanese GAAP) (Consolidated)

Performance Overview

Consolidated net sales for the fiscal year ending November 2025 amounted to 49,125 million yen (6.3% increase YoY), primarily driven by growth in the agrochemical business. Operating income was 4,913 million yen (8.2% increase YoY), ordinary income was 6,083 million yen (6.9% increase YoY), and net income attributable to owners of parent was 4,452 million yen (11.1% increase YoY). Increased sales and improved profit margins in the agrochemical segment contributed to profit growth. By segment, the agrochemical business performed strongly with net sales of 29,398 million yen (10.3% increase YoY) and operating income of 838 million yen (107.0% increase YoY). The fine chemicals business recorded net sales of 17,785 million yen (1.0% increase YoY) but operating income declined to 4,004 million yen (1.4% decrease YoY). The textile materials business posted net sales of 1,936 million yen (0.9% increase YoY) and operating income of 81 million yen (8.0% decrease YoY).

Financial Position, Cash Flows, and Dividends

Total assets amounted to 77,600 million yen (an increase of 12,278 million yen YoY), and net assets were 52,900 million yen (an increase of 6,702 million yen YoY). Cash flows from operating activities recorded an inflow of 7,612 million yen; investing activities posted an outflow of 2,405 million yen; and financing activities showed an outflow of 1,785 million yen. Cash and cash equivalents at the end of the period were 13,224 million yen. Dividends were 46 yen annually (20 yen interim, 26 yen year-end), with a forecast of 54 yen annually for the fiscal year ending November 2026 (27 yen interim, 27 yen year-end).

Outlook

For the fiscal year ending November 2026, consolidated earnings forecasts are net sales of 52,000 million yen (5.9% increase YoY), operating income of 5,200 million yen (5.8% increase YoY), ordinary income of 6,100 million yen (0.3% increase YoY), and net income attributable to owners of parent of 4,460 million yen (0.2% increase YoY). The company plans to strengthen its revenue and production base in line with the second three-year plan of its long-term management strategy. The dividend policy aims to continue stable dividends and increase payouts in line with profit growth.