Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary [IFRS] (Consolidated)

Overview of Performance

For the interim period, revenue was 192,041 million yen, an increase of 22.7% year-over-year. Segment profit increased substantially to 28,084 million yen, and operating profit rose significantly to 25,985 million yen. By segment, Semiconductor-related Materials, High-performance Plastics, and Quality of Life-related Products all recorded higher revenue and profit. Semiconductor-related Materials saw particularly strong sales growth driven by expanding demand from AI data centers. Factors such as yen depreciation and price pass-through also contributed to improved profitability. There are no revisions to the full-year forecasts: revenue 400,000 million yen, segment profit 55,000 million yen, operating profit 50,000 million yen, and profit for the year attributable to owners of the parent 35,000 million yen. As a significant subsequent event, the company will acquire the Chemical business from Kyocera.

Outlook and Capital Allocation

The full-year forecast is unchanged, but upside is possible depending on demand trends by segment. The dividend forecast follows the dividend forecast for fiscal 2026, and no new increase has been announced at this time. The acquisition of Kyocera Chemical Solutions as a subsequent event is intended to strengthen presence in the ICT area and accelerate the creation of high value-added products. The consideration for the acquisition is 28,500 million yen (cash 30,000 million yen, contingent consideration -1,500 million yen) and advisory fees of 400 million yen.