Slide 1: DIC Corporation Consolidated Financial Results FY2026: Six Months Ended June 30
4631.T : Tokyo Stock Exchange DIC Corporation Consolidated Financial Results FY2026: Six Months Ended June 30 August 2026 ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT This is a translation of the original Japanese-language document and is provided for convenience only. In all cases, the Japanes
Slide 2: Highlights
Highlights Operating income • Net sales rose 13.3%, to ¥593.0 billion. Six months ended June ¥51.8 billion • Owing to brisk demand for semiconductors, sales in the chemitronics business, a key growth business, saw a sharp increase of 25.5%. 30, 2026 YoY +92.2％ • All segments implemented prompt sales
Slide 3: Impact of the Middle East crisis on the DIC Group's operations
Impact of the Middle East crisis on the DIC Group’s operations As of May 2026 ◼ Approximately 70% of raw materials used by the DIC Group are petrochemical-derived. Accordingly, the Group expects to be directly (announcement of operating affected going forward by the deteriorating situation in the Mi
Slide 4: Quarterly trends in operating results
Quarterly trends in operating results ◼ Bolstered by increased demand for products for semiconductor-related applications, income in the chemitronics business was up sharply from the first quarter. ◼ The need for stable supplies growing worldwide and efforts to offset mounting raw materials costs by
Slide 5: Cumulative Cash Allocation (Fiscal Years 2026–2030)
Cumulative Cash Allocation (Fiscal Years 2026–2030) Allocating capital in a balanced manner among maintaining ⚫ Build a business portfolio that supports sustainable financial soundness, strategic investments for business growth and growth and earning power earnings expansion, and shareholder returns
Slide 6: Trends in shareholder returns
Trends in shareholder returns ◼ The forecast for annual dividends per share for fiscal year 2026 is ¥150.00 (initial forecast: ¥140.00), comprising an interim dividend of ¥70.00 (initial forecast: ¥70.00) and a year-end dividend of ¥80.00 (initial forecast: ¥70.00). ◼ The acquisition of own shares a
Slide 7: Consolidated statement of income
Consolidated statement of income ◼ New records were set for net sales, operating income, ordinary income and net income attributable to owners of the parent. (Billion yen) 2025 2026 2025 2026 % Change on Change % Change a local currency basis Extraordinary income and losses 6 Months 6 Months 6 Month
Slide 8: Financial health
Financial health ◼ The Company’s cash allocation policies are to maintain a net debt-to-equity (D/E) ratio of 0.8 times or less, while balancing cash applied to strategic investments and to shareholder returns. (Billion yen) Dec 31 Jun 30 Change 2025 2026 Net interest-bearing debt 389.4 382.8 -6.6 I
Slide 9: Operating income variance
Operating income variance Positive impact of a weaker yen Rapid progress in the on overseas sales after （Billion yen） revision of sales prices translation Robust results for chemitronics and other high-value added products Gradual manifestation of the negative impact of rising raw materials costs (B
Slide 10: Segment results
Segment results （Billion yen） Net sales Operating income Operating margin % Change % Change 2025 2026 on a local 2025 2026 on a local 2025 2026 Change % Change Change % Change 6 Months 6 Months currency 6 Months 6 Months currency 6 Months 6 Months basis basis Packaging & Graphic 268.8 307.2 38.4 + 1
Slide 11: Packaging & Graphic
Packaging & Graphic Net sales • Demand for packaging inks was weak, as elevated consumer prices led to a decrease in consumption, but certain customers brought forward procurement amid concerns surrounding the situation in the Middle East. • Thanks to efforts to adjust sales prices, sales increased
Slide 12: Color & Display
Color & Display Net sales • Despite uneven demand and higher raw material costs, overall segment sales were level in local currency thanks to frontloaded demand and pricing actions. Segment sales increased, reflecting the positive impact of a weaker yen on sales overseas after translation. • A ¥5.9
Slide 13: Functional Products
Functional Products Net sales • Shipments of high-value-added products for use in electronics equipment were brisk. This, together with customers bringing forward procurement of coating resins amid expectations surrounding the situation in the Middle East, boosted net sales. Operating income • Incre
Slide 14: Functional Products (Supplementary materials)
Functional Products (Supplementary materials) ⚫ Results for the Chemitronics Business Division (accounted for in the Functional Products segment) Net sales • Shipments of epoxy resins rose significantly, bolstered by higher demand for semiconductors for AI-related applications. • Industrial-use adhe
Slide 15: FY2026 forecasts: Full-term operating results
FY2026 forecasts: Full-term operating results ◼ Even with a reversal of the trend toward inventory stockpiling by customers concerned about the situation in the Middle East, higher raw materials prices and other downside risks factored in, operating income in fiscal year 2026 is expected to reach a
Slide 16: Forecast for changes in operating income in the second half of fiscal year 2026
Forecast for changes in operating income in the second half of fiscal year 2026 ◼ Owing to the absence of a one-time gain, as well as to seasonal factors in the Color & Display segment, operating income in the second half is expected to be lower than in the first half. ◼ Even factoring in a conserva
Slide 17: Operating income variance
Operating income variance Rapid progress in the revision of sales prices （Billion yen） Robust results for chemitronics and other high-value added products (Before one-time gain) COPYRIGHT © DIC CORPORATION ALL RIGHTS RESERVED. 17 17
Slide 18: FY2026 forecasts: Full-term segment results
FY2026 forecasts: Full-term segment results （Billion yen） Net sales Operating income Operating margin Old Forecasts 2026 2025 2026 2025 2026 2025 2026 2026 Change % Change Change % Change Operating Forecast Forecast Forecast Net Sales income Packaging & Graphic 549.7 591.7 42.1 + 7.7% 31.1 37.5 6.4
Slide 19: Functional Products (Supplementary materials)
Functional Products (Supplementary materials) ◼ While spreads are expected to narrow in the second half, owing to shipments of high-cost inventories, efforts to lock in demand for products for semiconductor-related applications are expected to support high growth. ⚫ Results for the Chemitronics Busi
Slide 20: Attachments
Attachments COPYRIGHT © DIC CORPORATION ALL RIGHTS RESERVED. 20 20
Slide 21: Major topics (May 2026 to August 2026)
News release 2026 https://www.dic-global.com/en/news/2026/ News release 2026 Major topics (May 2026 to August 2026) https://www.dic-global.com/en/news/2026/ May DIC establishes investment management subsidiary DIC D2S ventures in European deep tech hub Jun DIC earns the highest rating in the CDP’s 2
Slide 22: Business segments and principal products
Business segments and principal products Note: Fiscal year 2025 actual Packaging & Graphic Color & Display Functional Products Value provided Sales ratio Operating Operating Sales ratio Operating Operating Sales ratio Operating Operating Net sales Net sales Net sales income margin income margin inco
Slide 23: Regarding partial changes to disclosure of segment information
Regarding partial changes to disclosure of segment information （Billion yen） 2025 Net sales 2025 Operating income • In Phase 2 of its DIC Vision 2030 long-term Before Change After Before Change After management plan, which commences in fiscal Packaging & Graphic 549.7 549.7 31.1 0.0 31.1 year 2026,
Slide 24: Quarterly trends in segment results
Quarterly trends in segment results （Billion yen） Net sales Operating income 2025 2025 2025 2025 2026 2026 2025 2025 2025 2025 2026 2026 Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Packaging & Graphic 134.0 134.8 137.3 143.6 145.2 161.9 6.7 6.7 7.9
Slide 25: Consolidated balance sheet
Consolidated balance sheet (Billion yen) Dec 31 Jun 30 Change 2025 2026 Current assets 627.5 679.0 51.5 Property, plant and equipment 371.1 374.8 3.7 Intangible assets 62.1 61.3 -0.9 Investments and other assets 213.3 215.6 2.3 Total assets 1,274.1 1,330.7 56.6 Current liabilities 386.5 393.3 6.8 No
Slide 26: Consolidated statement of cash flows
Consolidated statement of cash flows (Billion yen) 2025 2026 Change 6 Months 6 Months Cash flows from operating activities 21.5 42.1 20.5 Cash flows from investing activities (15.5) (17.9) -2.4 Cash flows from financing activities (3.8) (27.5) -23.7 Cash and cash equivalents at end of the period 56.
Slide 27: Historical performance data
Historical performance data Operating results Financial health * Net D/E ratio: Net interest-bearing debt / Shareholders’ equity COPYRIGHT © DIC CORPORATION ALL RIGHTS RESERVED. 27 27
Slide 28: Historical performance data
Historical performance data *EBITDA: Net income attributable to owners of the parent + Total income taxes + ROE, ROIC* * Operating income x (1 – tax rate 28%) / (Net interest-bearing debt + Net assets) EBITDA* (Interest expenses – Interest income) + Depreciation and amortization + Amortization of go
Slide 29: Assumptions used in the preparation of this document
Assumptions used in the preparation of this document 【FX rate】 2025 2026 2026 Assumptions Previous assumptions Jan-Mar Jan-Jun Jan-Sep Jan-Dec Jan-Mar Jan-Jun H2 Jan-Dec Yen/US$ average rate 152.46 148.58 148.42 150.08 156.49 158.32 150.00 150.00 Yen/US$ closing rate 149.05 143.91 148.29 156.60 159.
Slide 30: Disclaimer regarding forward-looking statements
Disclaimer regarding forward-looking statements Statements herein, other than those of historical fact, are forward-looking statements that reflect management’s projections based on information available as of the publication date. These forward-looking statements are subject to risks and uncertaint
Slide 31: COPYRIGHT © DIC CORPORATION ALL RIGHTS RESERVED .
#1 COPYRIGHT © DIC CORPORATION ALL RIGHTS RESERVED. 31 31