Revenue increased year-on-year, but operating income and ordinary income declined due to higher personnel and depreciation expenses. Interim net income was roughly flat year-on-year due to tax effect benefits. The full-year forecast for the fiscal year ending March 2027 is unchanged, but adjustments may be made depending on downside risks in the second half. By segment, packaging functional materials performed steadily, while cushioning functional materials saw higher sales volume but reduced profits due to cost increases. The core business will continue expansion domestically and internationally. Dividend policy remains focused on maintaining DOE as a guideline and providing stable dividends.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3943","jir_company_name":"Ohishi Sangyo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/3943-20261113-02.pdf","jir_short_summary":"Revenue increased year-on-year, but operating income and ordinary income declined due to higher personnel and depreciation expenses. Interim net income was roughly flat year-on-year due to tax effect benefits. The full-year forecast for the fiscal year ending March 2027 is unchanged, but adjustments may be made depending on downside risks in the second half. By segment, packaging functional materials performed steadily, while cushioning functional materials saw higher sales volume but reduced profits due to cost increases. The core business will continue expansion domestically and internationally. Dividend policy remains focused on maintaining DOE as a guideline and providing stable dividends.","jir_summary":"### Overview of Performance\nConsolidated revenue for the second quarter of the fiscal year ending March 2027 increased compared with the prior period, but operating income and ordinary income decreased due to rising raw material prices and increases in personnel and depreciation expenses. By segment, cushioning functional materials saw higher sales but profitability was squeezed by increased costs, while packaging functional materials performed well, supported by revenue growth and contributions from certain segments. Interim net income was broadly in line with the prior year due to tax burden reduction effects from a subsidiary merger.\n\n### Outlook and Shareholder Returns\nThe full-year forecast remains unchanged, but management will monitor downside risks in the second half and consider appropriate revisions as needed. Measures include continued price revisions, production efficiency improvements, cost reductions, and securing procurement resources. Dividend policy is to continue stable dividends with DOE as a guideline; an interim dividend of 26 yen will be paid.","jir_financial_highlights":"Revenue: 12,622 million yen (Year-over-Year +9.4%)\nOperating Income: 378 million yen (Year-over-Year -6.2%)\nOrdinary Income: 491 million yen (Year-over-Year -4.6%)\nNet Income Attributable to Owners of Parent (Interim): 292 million yen (Year-over-Year -0.1%)","jir_category":"","jir_hashtags":"#OhishiSangyoCoLtd InvestorInformation, #SupplementaryExplanation, #InterimResults, #SegmentResults","jir_key_figures":"Revenue: 12,622 million yen (Year-over-Year +9.4%)\nOperating Income: 378 million yen (Year-over-Year -6.2%)\nOrdinary Income: 491 million yen (Year-over-Year -4.6%)","jir_meta_title":"Ohishi Sangyo Co., Ltd. Supplementary Materials for Q2 FY2027 Results\uff5cRevenue Up, Profit Down","jir_meta_description":"Analysis of Ohishi Sangyo Co., Ltd.'s supplementary materials for the second quarter of fiscal 2027. Revenue increased while operating and ordinary income decreased; discusses second-half risks, segment trends, and dividend policy.","jir_og_title":"Ohishi Sangyo Supplementary Financial Materials: Revenue Up, Profit Decline Explained","jir_og_description":"Analysis of Ohishi Sangyo Co., Ltd.'s supplementary materials for the second quarter of fiscal 2027, summarizing segment trends, second-half risk responses, and dividend policy.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"H1 2024\\\",\\\"H1 2025\\\",\\\"H1 2026\\\",\\\"H1 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue (million yen)\\\",\\\"data\\\":[10144,11440,11538,12622]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"H1 2024\\\",\\\"H1 2025\\\",\\\"H1 2026\\\",\\\"H1 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income (million yen)\\\",\\\"data\\\":[566,386,403,378]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Cushioning Functional Materials\\\",\\\"Packaging Functional Materials\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue (million yen)\\\",\\\"data\\\":[5907,6573]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"H1 2024\\\",\\\"H1 2025\\\",\\\"H1 2026\\\",\\\"H1 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Margin\\\",\\\"data\\\":[5.2,3.4,3.0,3.0]},{\\\"label\\\":\\\"Ordinary Margin\\\",\\\"data\\\":[4.5,4.1,3.9,3.9]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Full-Year Forecast and Progress\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":[[\\\"Revenue\\\",\\\"24,323 million yen (Forecast)\\\",\\\"+834\\\"],[\\\"Operating Income\\\",\\\"392 million yen (Forecast)\\\",\\\"-325\\\"],[\\\"Ordinary Income\\\",\\\"602 million yen (Forecast)\\\",\\\"-389\\\"],[\\\"Net Income Attributable to Owners of Parent\\\",\\\"416 million yen (Forecast)\\\",\\\"-307\\\"]]}\"}]","ir_related_company":58575,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-153098","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n