Q1 Financial Summary for the Fiscal Year Ending November 2026 [Japanese GAAP] (Consolidated)

Business Performance Overview

In Q1 of the fiscal year ending November 2026, net sales totaled 9,072 million yen (6.5% YoY increase), operating income was 1,832 million yen (34.2% YoY increase), ordinary income was 1,904 million yen (28.6% YoY increase), and net income attributable to owners of parent for the quarter was 1,285 million yen (24.2% YoY increase). The increase in net sales was driven by strong sales in the electronic materials segment. Meanwhile, the chemical products segment experienced a decline in sales, whereas the functional chemicals segment achieved both higher revenue and profit. The equity ratio improved to 79.4% from the previous fiscal year-end.

Dividends and Earnings Forecast

The annual dividend forecast for the fiscal year ending November 2026 is 80 yen, up from 75 yen in the same period of the prior year. Consolidated earnings forecasts project net sales of 37,500 million yen (3.4% YoY increase), operating income of 6,400 million yen (3.4% YoY increase), and net income attributable to owners of parent of 4,500 million yen (34.7% YoY decrease), with net income expected to decline. There are no revisions to the earnings forecast in this financial summary.