Fiscal Year 2025 Q3 Financial Results Presentation Materials

Overview of Financial Performance

Consolidated net sales for the third quarter of fiscal year 2025 amounted to 1,393.0 billion yen, an increase of 9.2 billion yen year-over-year. Meanwhile, operating income was 26.7 billion yen, down 30.4 billion yen year-over-year, and ordinary income was 22.7 billion yen, down 40.3 billion yen. Net income attributable to owners of parent stood at 31.0 billion yen, a decrease of 19.4 billion yen. Depreciation expense increased by 3.9 billion yen to 67.1 billion yen. The number of consolidated subsidiaries remained unchanged from the previous year, totaling 218 companies with 94 domestic and 124 overseas.

Segment Performance and Other Trends

By segment, net sales in Lifestyle Industry Materials were 706.6 billion yen (up 19.2 billion yen), but operating income declined to 13.4 billion yen (down 1.3 billion yen). Functional Materials posted net sales of 176.5 billion yen (down 0.7 billion yen) and operating income of 8.1 billion yen (down 3.0 billion yen). Resource & Environment Business recorded net sales of 290.4 billion yen (down 2.7 billion yen) and operating income of 4.8 billion yen (down 20.1 billion yen). Printing & Information Media saw net sales of 204.2 billion yen (down 15.2 billion yen) and operating income of 6.9 billion yen (down 3.8 billion yen). External factors such as exchange rates and raw materials/pricing negatively impacted operating income by 7.8 billion yen. The dividend policy remains a payout ratio of 50% and an annual dividend of 36 yen per share (unchanged), with share buyback activities ongoing.