Fiscal Year Ending March 2026 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Financial Performance

For the fiscal year ending March 2026, consolidated results showed net sales of 56,474 million yen (up 13.4% YoY), operating income of 5,805 million yen (up 18.6% YoY), ordinary income of 6,157 million yen (up 16.9% YoY), and net income attributable to owners of parent of 4,995 million yen (up 25.8% YoY). The core electronic materials segment benefited from increased demand for smartphones and semiconductors, while the industrial structural materials segment saw strong sales of honeycomb panels for aircraft and FRP pressure vessels for water treatment. On the other hand, the display materials segment recorded a decrease in sales. Although the equity ratio dropped to 62.5%, total assets increased.

Outlook and Dividends

For the fiscal year ending March 2027, the consolidated earnings forecast anticipates net sales of 61.3 billion yen (up 8.5% YoY), operating income of 5.9 billion yen (up 1.6% YoY), ordinary income of 5.7 billion yen (down 7.4% YoY), and net income attributable to owners of parent of 4.0 billion yen (down 19.9% YoY). Dividends for the fiscal year ending March 2026 were increased to 122 yen annually (up from 96 yen), with a payout ratio of 81.0%. Furthermore, the company has announced plans to establish a subsidiary in the United States to strengthen its entry into the US market.