JCU (4975) Q2 2026 earnings summary

Executive summary

• Achieved strong year-over-year growth in sales and profits for the first half of FY3/26, driven by robust demand in the chemicals business for electronic components, especially in China, Taiwan, and South Korea.

• Net sales for the six months ended September 30, 2025, rose 12.0% year-over-year to ¥14,258 million.

• Operating profit increased 23.9% year-over-year to ¥5,781 million.

• Profit attributable to owners of parent grew 28.8% year-over-year to ¥4,360 million.

• Machine business sales increased due to project progress, though order backlog declined on fewer new large orders.

Financial highlights

• Net sales rose 12.0% year-over-year to ¥14,258 million for 1H FY3/26.

• Ordinary profit reached ¥5,780 million, up 16.0% year-over-year.

• Net income per share was ¥175.06, up from ¥133.72 in the prior year.

• Equity-to-asset ratio improved to 90.6% as of September 30, 2025, from 87.2% at March 31, 2025.

• Total assets stood at ¥55,025 million at September 30, 2025.

Outlook and guidance

• Full-year FY3/26 forecasts: net sales ¥28,500 million, operating profit ¥10,700 million, ordinary profit ¥10,800 million, profit attributable to owners of parent ¥7,400 million.

• Progress rates for 1H results against full-year forecasts: net sales 50.0%, operating profit 54.0%, ordinary profit 53.5%, profit attributable to owners of parent 58.9%.

• Basic earnings per share for the full year is expected to be ¥297.45.

• Plans to increase dividends for the 16th consecutive year, with interim and year-end dividends forecast at ¥41 each.

• Dividend per share for the fiscal year ending March 31, 2026, is forecast at ¥82.00, up from ¥76.00 in the previous year.