JAPAN MATERIAL (6055) Q2 2026 earnings summary

Executive summary

• Net sales for Q2 FY2025 rose 11.4% year-over-year to ¥25,674 million, with operating profit up 37.3% and profit attributable to owners of parent up 46.8%.

• Growth was driven by strong performance in the Electronics segment, especially in specialty gas equipment, supply piping, and technical services for semiconductor plants.

• Graphics Solution segment sales and profit declined due to fewer projects for broadcasting stations, while Solar Power posted modest gains.

Financial highlights

• Operating profit reached ¥6,079 million, up 37.3% year-over-year; ordinary profit was ¥6,211 million, up 44.9%.

• Profit before income taxes increased 46.8% to ¥4,294 million.

• Basic earnings per share increased to ¥41.79 from ¥28.48 year-over-year.

• Cash and deposits increased to ¥20,505 million as of September 2025.

• Total assets reached ¥66,825 million, with net assets at ¥56,264 million and shareholders' equity at ¥54,711 million.

Outlook and guidance

• FY2025 net sales forecast at ¥57,000 million (up 8.2%), operating profit at ¥13,000 million (up 14.6%), and profit attributable to owners of parent at ¥9,000 million (up 14.3%).

• Basic earnings per share for the full year is projected at ¥87.59.

• Dividend forecast for FY2025 is ¥27.00 per share.

• Initial division sales expected to rise 42.3%, while operation division sales are forecast to decline 5.4%.

• Electronics segment sales projected to grow 8.7% for the full year.