Financial Summary for Q3 Fiscal Year Ending March 2026〔IFRS〕(Consolidated)

Performance Overview

For the nine-month consolidated cumulative period of the fiscal year ending March 2026 (April 1, 2025 to December 31, 2025), revenue was JPY 1,919.5 billion, down 0.2% YoY, and business profit was JPY 105.1 billion, down 3.4% YoY. Operating income declined 31.6% YoY to JPY 71.0 billion, impacted by impairment losses related to the battery separator film business of the Korean subsidiary. Net income attributable to owners of the parent for the quarter fell 46.6% YoY to JPY 40.2 billion. By segment, the Fiber business showed steady performance with revenue of JPY 804.9 billion (up 3.9% YoY) and business profit of JPY 54.8 billion (up 9.5% YoY), whereas the Functional Chemical Products business experienced decreased revenue and profit with revenue of JPY 668.7 billion (down 6.1% YoY) and business profit of JPY 43.1 billion (down 10.3% YoY). The Carbon Fiber Composite Materials and Life Science businesses also recorded declines in both revenue and profit, while the Environment & Engineering business posted increases in both revenue and profit.

Outlook

The full-year revenue forecast has been revised downward from JPY 2,630 billion to JPY 2,600 billion; however, forecasts for business profit of JPY 150 billion and net income attributable to owners of the parent of JPY 82 billion remain unchanged. Although a moderate recovery in the global economy is anticipated, uncertainties persist due to US trade policies, geopolitical risks, and sluggishness in the Chinese economy. Under these circumstances, Toray aims to promote the core strategies of the medium-term management initiative 'Project AP-G 2025' to achieve sustainable and healthy growth.