Canmax Technologies (300390) Q2 2026 earnings summary

Executive summary

• Revenue surged 125% year-over-year to ¥7.78 billion, driven by strong lithium materials sales and price increases.

• Net profit attributable to shareholders reached ¥2.29 billion, reversing a prior-year loss.

• Core business segments: lithium battery materials, anti-static clean tech, and medical devices, all showed robust growth.

• Significant R&D and capacity expansion in solid-state battery materials and lithium salt projects.

Financial highlights

• Operating income: ¥7.78 billion, up 125% year-over-year.

• Net profit attributable to shareholders: ¥2.29 billion, compared to a loss of ¥90.86 million last year.

• Gross margin for lithium materials: 43.84%, up 41.35 percentage points year-over-year.

• Operating cash flow: ¥178 million, down 32.96% year-over-year due to increased tax and raw material prepayments.

• Basic and diluted EPS: ¥2.76, up from -¥0.11.

Outlook and guidance

• Continued focus on expanding lithium salt capacity and securing upstream resources.

• Ongoing R&D in next-generation battery materials and solid-state battery technology.

• Plans to accelerate global expansion and strengthen supply chain resilience.