Fiscal Year Ending March 2026 Q3 Financial Summary [IFRS] (Consolidated)

Performance Overview

Net sales for the cumulative consolidated third quarter of the fiscal year ending March 2026 were 87,296 million yen (up 0.2% YoY). While sales of optical materials components declined, electronic materials components recorded an increase. Operating profit before corporate expenses was 31,471 million yen (down 1.2% YoY), operating income was 30,451 million yen (down 7.3% YoY), and net income attributable to owners of parent for the quarter was 21,267 million yen (down 8.9% YoY). The decline in optical materials components was due to the impact of new deliveries in the optical film category and delays in some shipment timings. The increase in electronic materials components was driven by front-loaded demand in the Anisotropic Conductive Film (ACF) category and expanded sales of high value-added products for camera modules.

Financial Position Overview and Earnings Guidance

At the end of the consolidated accounting period for the third quarter of the fiscal year ending March 2026, total assets amounted to 155,545 million yen and total equity was 101,953 million yen, with equity attributable to owners of parent at 101,953 million yen, representing an equity ratio of 65.5%. Earnings guidance for the full fiscal year ending March 2026 is net sales of 114,000 million yen (up 3.3% YoY), operating profit before corporate expenses of 39,000 million yen (up 2.4% YoY), operating income of 39,000 million yen (down 1.9% YoY), income before taxes of 38,500 million yen (down 2.2% YoY), and net income attributable to owners of parent of 26,000 million yen (down 6.3% YoY).