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Tokyo Ohka Kogyo (4186) investor relations material
Tokyo Ohka Kogyo Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for the first nine months ended September 30, 2025, rose 17.9% year-over-year to 172.8 billion yen, driven by strong demand for generative AI-related products, PC replacements, and semiconductors, offsetting weak smartphone growth.
Operating income increased 37.2% year-over-year to 31.9 billion yen, reflecting higher sales and improved product mix.
Profit attributable to owners of parent surged 41.1% year-over-year to 22.1 billion yen, aided by extraordinary income from a gain on contingent consideration related to an equipment business transfer.
The company launched a new three-year medium-term plan aiming for global leadership in photoresists and expansion in all business fields.
Financial highlights
Net sales: 172.8 billion yen (up 17.9% YoY); operating income: 31.9 billion yen (up 37.2% YoY); ordinary income: 32.8 billion yen (up 36.3% YoY); EBITDA: 38.2 billion yen (up 29.9% YoY).
Gross profit for the first nine months was 64.4 billion yen, up from 53.0 billion yen year-over-year.
Basic earnings per share for the period was 184.28 yen, up from 129.08 yen in the prior year.
Comprehensive income rose 40.7% year-over-year to 24.9 billion yen.
Electronic functional materials sales grew 14.9% YoY; high-purity chemicals up 21.2% YoY.
Outlook and guidance
Full-year net sales forecast at 227.0 billion yen (up 13.0% YoY); operating income forecast at 40.0 billion yen (up 20.9% YoY), both expected to reach record highs.
Profit attributable to owners of parent is forecast at 26.5 billion yen, with basic EPS of 220.99 yen.
Continued strong demand anticipated for generative AI and new customer plant operations.
Exchange rate assumption for 2H 2025: ¥140.0/$.
Dividend policy targets 4.0% DOE; annual dividend forecasted at 70 yen, marking eight consecutive years of growth.
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- VARROC
Year-over-year growth in revenue and profit, but exceptional costs and legal disputes weigh on results. - 6988
Net profit soared 137.9% in Q1 FY2024, with robust growth in Optronics and Industrial Tape. - 6988
Strong profit growth driven by Optronics, but 2026 outlook signals a cautious slowdown. - EVO
Q4 2025 saw lower revenues and margins, but profit and capital returns remained strong. - FODELIA
2025 saw 8.4% revenue growth, improved profitability, and strong 2026 guidance. - RUG
Record growth, higher margins, and a SEK 5 dividend proposal mark strong annual results. - JUBLINGREA
Volume growth offset pricing pressure; Q3'FY26 net profit at ₹47 crore, dividend declared. - ENITY
Record 2025 results: 10% loan growth, 19.2% RoTE, SEK 1.4 dividend, strong outlook. - FODELIA
2025 net sales up 8.4%, strong Feelia growth, and higher sales and profitability expected in 2026. - ELMD
Revenue up 15.1% to $16.9M, net income up 44.9%, and strong margins with active buybacks.
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