Sekisui Jushi (4212) Q1 2026 earnings summary

Executive summary

• Net sales for 1Q FYE March 2026 rose 6.5% year-over-year to ¥16,545 million, with operating profit up 45.1% to ¥608 million and ordinary profit up 27.1% to ¥767 million, driven by steady progress in existing businesses and the consolidation of RIKEN KOGYO Inc.

• Profit attributable to owners of parent increased 13.5% year-over-year to ¥262 million, and basic EPS was ¥8.49, up from ¥7.11 in the prior year.

• Profit growth was supported by finalized provisional accounting, higher sales, and ongoing investments in human resources and growth initiatives.

• Comprehensive income dropped sharply to ¥73 million from ¥1,348 million a year earlier, mainly due to negative foreign currency translation adjustments.

Financial highlights

• EBITDA for the quarter was ¥1,249 million, down 16.3% year-over-year, while gross profit increased to ¥5,006 million from ¥4,510 million.

• Operating margin improved due to lower SG&A as a percentage of sales.

• Total assets decreased to ¥134,436 million as of June 30, 2025, from ¥139,345 million at March 31, 2025.

• Net cash provided by operating activities rose to ¥2,567 million from ¥702 million year-over-year.

• Net sales rose 6.5% year-over-year to ¥16,545 million.

Segment performance

• Public sector net sales increased 12.8% year-over-year to ¥8,096 million, with segment profit up ¥276 million, driven by existing businesses and the addition of RIKEN KOGYO Inc.

• Private sector net sales rose 1.0% to ¥8,448 million, but segment profit declined 10.7% to ¥812 million due to weaker performance in Exterior Products and EXTILE.

• Material Handling Systems & Supplies and Agribusiness performed well, while soundproof panel sales declined but art panel sales expanded.