Financial Summary for Q3 FY2026 [IFRS] (Consolidated)

Overview of Financial Results

For the cumulative third quarter period of FY2026 ending March, revenue totaled JPY 117.763 billion, a 3.5% decrease YoY. Operating income increased 27.5% YoY to JPY 13.342 billion, profit before income taxes for the quarter rose 25.0% YoY to JPY 13.873 billion, quarterly profit increased 27.0% YoY to JPY 10.355 billion, and net income attributable to owners of parent for the quarter was up 26.4% YoY to JPY 10.234 billion. By segment, the Functional Products Business saw a significant increase in operating income due to higher sales and lower raw material costs. The Chemical Products Business experienced a decrease in sales but only a slight decrease in operating income due to raw material cost reduction. The Resin Products Business had declines in both sales and operating income. The Construction-related Business posted increases in both sales and operating income. Other related businesses saw decreases in both sales and operating income.

Financial Position and Dividend Status

Total assets increased from the previous fiscal year-end to JPY 359.218 billion, while total equity decreased to JPY 183.967 billion, and equity attributable to owners of parent fell to JPY 182.152 billion. The number of shares issued stood at 49,942,221 shares, with treasury stock totaling 11,723,147 shares. An annual dividend of 219 yen is planned, with a dividend of 109.5 yen already paid at the end of the second quarter of FY2026.

Outlook

The consolidated full-year earnings guidance for FY2026 anticipates revenue of JPY 165.000 billion (1.8% increase YoY), operating income of JPY 14.000 billion (48.5% increase YoY), profit before income taxes of JPY 14.000 billion (37.0% increase YoY), net income attributable to owners of parent of JPY 10.000 billion (28.2% increase YoY), and basic earnings per share of 249.82 yen. There are no revisions to the earnings forecast.