Toyobo Co., Ltd. · TSE:3101

Toyobo — H1 FY 3/26 Earnings Presentation

32 slides from Toyobo's earnings presentation, Nov 10, 2025

  1. Slide 1: Presentation to Investors

    November 10, 2025 Presentation to Investors for the Second Quarter Ended September 30, 2025 TOYOBO CO., LTD.

  2. Slide 2: Results of the Second Quarter Ended September 30, 2025

    Ⅰ. Results of the Second Quarter Ended September 30, 2025 2

  3. Slide 3: Highlights

    Highlights H1 FY 3/26 Results Operating profit increased as Industrial film continued to perform strong in addition to earnings improvement of Packaging film. Operating profit was ¥11.8 bn. and net profit was ¥5.7 bn. Profit attributable to Net sales Operating profit owners of parent - 2.5% ＋70.1% (

  4. Slide 4: (Reference) Operating Profit by Quarter

    (Reference) Operating Profit by Quarter (¥ bn.) 10.0 8.0 6.0 4.0 2.0 0.0 -2.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY 3/22 FY 3/23 FY 3/24 FY 3/25 FY 3/26 4

  5. Slide 5: Summary of Results: P&L, CF

    Summary of Results: P&L, CF FY 3/25 FY 3/26 YOY (¥ bn.) H1 H2 H1 Amount % Net sales 209.2 212.9 204.0 - 5.1 - 2.5% Gross profit 47.3 49.8 50.7 +3.4 +7.3% (Ratio to sales) 22.6% 23.4% 24.8% - - Operating profit 6.9 9.7 11.8 +4.9 +70.1% (Ratio to sales) 3.3% 4.6% 5.8% - - Non-operating income and expe

  6. Slide 6: Non-operating Income and Expenses, Extraordinary Income and Losses

    Non-operating Income and Expenses, Extraordinary Income and Losses Non-operating income and expenses: Extraordinary income and losses: breakdown (¥ bn.) breakdown (¥ bn.) FY 3/25 FY 3/26 FY 3/25 FY 3/26 YOY YOY H1 H1 H1 H1 Gain on sale of shares of Compensation income 0.5 0.0 - 0.5 1.5 - - 1.5 subsi

  7. Slide 7: Analysis in Changes in Operating Profit

    Analysis in Changes in Operating Profit 14.0 Prices Volume Others +3.3 - 1.0 12.0 Raw material +0.4 and fuel costs 10.0 +2.2 (¥bn.) 8.0 Films 11.8 6.0 Resin and chemical Resin and chemical Environmental solutions ( +4.9 ) 4.0 6.9 2.0 0.0 H1 FY 3/25 H1 FY 3/26 FY 3/25 FY 3/26 Q1 Q2 Q3 Q4 Q1 Q2 Exchan

  8. Slide 8: Summary of Results: BS

    Summary of Results: BS (¥ bn.) (B) (A) Mar. 31, 2024 Mar. 31, 2025 Sep. 30, 2025 (A)-(B) Total assets 607.0 617.8 609.6 - 8.2 Cash and deposits 33.8 28.6 26.0 - 2.5 Trade receivables 102.8 106.2 92.9 - 13.3 Inventories 122.0 119.0 126.0 +7.0 Property, plant and equipment 281.5 296.5 300.4 +3.8 Net a

  9. Slide 9: Summary of Results: Segment

    Summary of Results: Segment (¥ bn.) (B) (A) Net sales O Operating profit Previous FY 3/25 FY 3/26 FY 3/25 FY 3/26 YOY forecasts (Aug. 2025) H1 H2 H1 H1 H2 H1 (A)-(B) H1 Films 82.8 84.0 86.5 3.0 3.9 8.6 +5.6 5.3 Life Science 17.2 17.1 16.5 0.9 1.1 0.1 - 0.8 0.7 Environmental and Functional Materials

  10. Slide 10: Main Actions by Segment (Progress)

    Main Actions by Segment (Progress) Segment Action plan (Planned in May 2025) Progress* Improve profitability of packaging film and further expand industrial film - Packaging film: Improve profitability (become profitable) through production system review, operation rate increase P Films of new produ

  11. Slide 11: Films

    Films (¥ bn.) FY 3/25 FY 3/26 H1 YOY Previous forecasts Q1 Q2 H1 Q1 Q2 H1 Amount % (Aug. 2025) Net sales 42.1 40.7 82.8 44.6 41.9 86.5 +3.7 +4.5% 90.0 Operating profit 1.5 1.5 3.0 4.0 4.6 8.6 +5.6 +186.5% 5.3 (OPM) 3.6% 3.7% 3.6% 9.0% 11.0% 10.0% - - 5.9% EBITDA 3.9 3.9 7.8 6.5 7.1 13.6 +5.8 +74.1%

  12. Slide 12: Life Science

    Life Science (¥ bn.) FY 3/25 FY 3/26 H1 YOY Previous forecasts Q1 Q2 H1 Q1 Q2 H1 Amount % (Aug. 2025) Net sales 8.1 9.1 17.2 8.0 8.5 16.5 - 0.7 -3.9% 20.0 Operating profit 0.4 0.5 0.9 0.2 - 0.0 0.1 - 0.8 -83.6% 0.7 (OPM) 4.6% 5.8% 5.3% 2.0% - 0.9% - - 3.5% EBITDA 1.2 1.3 2.5 1.1 1.0 2.1 - 0.4 -15.9%

  13. Slide 13: Environmental and Functional Materials

    Environmental and Functional Materials (mainly TOYOBO MC Corporation) (¥ bn.) FY 3/25 FY 3/26 H1 YOY Previous forecasts Q1 Q2 H1 Q1 Q2 H1 Amount % (Aug. 2025) Net sales 28.1 27.2 55.2 25.4 25.3 50.7 - 4.5 -8.2% 55.0 Operating profit 1.3 2.1 3.4 1.5 1.6 3.1 - 0.3 -9.0% 3.3 (OPM) 4.5% 7.7% 6.1% 5.8% 6

  14. Slide 14: Functional Textiles and Trading

    Functional Textiles and Trading (¥ bn.) FY 3/25 FY 3/26 H1 YOY Previous forecasts Q1 Q2 H1 Q1 Q2 H1 Amount % (Aug. 2025) Net sales 24.0 23.9 47.9 21.9 22.5 44.4 - 3.5 -7.4% 45.0 Operating profit 0.2 - 0.1 0.1 0.1 0.1 0.2 +0.1 +52.5% 0.3 (OPM) 0.8% - 0.2% 0.3% 0.4% 0.4% - - 0.7% EBITDA 0.8 0.5 1.4 0.

  15. Slide 15: Forecasts for Business Environment in the FY 3/26

    Forecasts for Business Environment in the FY 3/26 Previous Forecasts Forecasts Segment Business (August 2025) Situation* Difference from Previous Forecasts Packaging Demand at same level year on year. Slow down of cargo movement. Demand for polarizer protective films for LCDs is Films Demand at same

  16. Slide 16: Forecasts for FY 3/26

    Forecasts for FY 3/26 Forecast revised upward for operating profit of ¥23.0 bn. and net profit of ¥6.5 bn. based on strong demand for Industrial film and profit improvements of Packaging film, Pharmaceuticals, Nonwoven materials, etc. (¥ bn.) Previous FY 3/25 FY 3/26 YOY Forecasts Results H1 H2 Fore

  17. Slide 17: Analysis in Changes in Operating Profit

    Analysis in Changes in Operating Profit 30.0 Prices Volume Others Raw material 25.0 +3.5 +0.2 - 1.4 and fuel costs +4.0 20.0 (¥ bn.) 15.0 23.0 10.0 (+6.3) 16.7 5.0 0.0 FY 3/25 FY 3/26 (Forecasts) Previous FY 3/25 FY 3/26 Forecasts (Aug. 2025) Exchange rate (\/US$) 152 149 145 17 Naphtha price in Jap

  18. Slide 18: Forecasts by Segment

    Forecasts by Segment (¥ bn.) Change from FY 3/25 Results FY 3/26 Forecasts YOY Previous forecasts (Aug. 2025) Aug. 2025 Net sales forecasts H1 H2 Full year H1 H2 Full year Full year H1 H2 Full year (Full year) Films 82.8 84.0 166.8 86.5 84.5 171.0 +4.2 90.0 85.0 175.0 - 4.0 Life Science 17.2 17.1 34

  19. Slide 19: Management Policy in FY 3/26 Progress of Action Plans

    Ⅱ. Management Policy in FY 3/26 Progress of Action Plans 19

  20. Slide 20: Confirmation of Progress of 2025 Medium-Term Management Plan

    Confirmation of Progress of 2025 Medium-Term Management Plan (Announced in May 2025) Ⅰ. 2025 Medium-Term Management Plan: Initial plan ■ Positioning of first half of Sustainable Vision 2030 ”4 years to remake and prepare” ■ 4 Measures: 1: Through safety, disaster prevention, and quality assurance 2:

  21. Slide 21: Management Policy in FY 3/26: Action Plans

    Management Policy in FY 3/26: 6 Action Plans (Announced in May 2025) Recover earning power to create the future 1. Thorough safety, disaster prevention and quality assurance, and compliance (basic premise) 2. Endured pricing commensurate - Follow-up of pricing by management with value 3. Measures fo

  22. Slide 22: Measures for Businesses Requiring Improvement

    Management Policy in FY 3/26: 3. Measures for Businesses Requiring Improvement Roadmap to profitability : Deficit : Profitability Change of operating profit (Total of 5 businesses) 2.5 Business FY 3/24 FY 3/26 forecasts FY 3/27～ 0.0 Pursuit of more improvement - 2.5 Textiles of capital efficiency -

  23. Slide 23: Secure investment returns

    Management Policy in FY 3/26: 4. Secure investment returns Major plans of growth investment (Films, Life Science) Investment Time to realize investment results Segment Details amount *1 Present situation (¥bn.) FY 3/24 FY 3/25 FY 3/26 FY 3/27~ FY 3/26 in operation OPP film equipment (Inuyama) 7.0 Pr

  24. Slide 24: Narrowing down of expenses, and cost reduction

    Management Policy in FY 3/26: 5. Narrowing down of expenses, and cost reduction Productivity reform and cost structure changes (eliminate, consolidate, connect) through company-wide project : Effect on profit: ¥5.0 bn. compared to FY 3/24 (FY 3/28) Changes of SG&A expenses (half period) - Reduction

  25. Slide 25: Narrowing down of investment

    Management Policy in FY 3/26: 5. Narrowing down of investment Growth Investment ¥76.0 bn. CAPEX (Total of FY 3/23 to FY 3/26) - New equipment for 300.0 mold releasing film for MLCC - Production increase of 250.0 ¥240.0 bn. polarizer protective films for LCDs - Dialyzer integrated plant - New wing fo

  26. Slide 26: Second Half of Sustainable Vision 2030

    Positioning of Next Medium-Term Management Plan: Second Half of Sustainable Vision 2030 Change to Measure 3 : Preparations for the future Sustainable Growth Measure 2 : Reorganization of the business portfolio Backcasting Sustainable Vision 2030 Measure 4 : Reestablishment of foundation Measure 1 :

  27. Slide 27: Appendix

    TOYOBO Appendix

  28. Slide 28: Business Performance

    Business Performance (¥ bn.) FY 3/25 FY 3/26 Net sales Q1 Q2 Q3 Q4 Full year Q1 Q2 Films 42.1 40.7 42.1 42.0 166.8 44.6 41.9 Life Science 8.1 9.1 8.5 8.6 34.3 8.0 8.5 Environmental and Functional Materials 28.1 27.2 28.3 27.3 110.8 25.4 25.3 Functional Textiles and Trading 24.0 23.9 23.3 26.8 98.1 2

  29. Slide 29: Topic: Integrated Report

    Topic: Integrated Report Toyobo Group’s Integrated Report “TOYOBO REPORT 2025” released Main contents - CEO Message - Long-term vision “Sustainable Vision 2030” and the “2025 Medium-Term Management Plan (FY 3/23 – FY 3/26)” - Value creation process, Toyobo’s strengths and value creation cycle taking

  30. Slide 30: Notice of Business Briefing

    Notice of Business Briefing Business briefing to investors (scheduled) ➢ Life Science Business on December 1 (Mon.) Presentation material will be available later on our website “Investor Relations”. 30

  31. Slide 31: Please Note

    Please Note The business performance forecasts and targets included in the business plans contained in this presentation are based on information known to the Company’s management as of the day of presentation. Please be aware that the content of the future forecasts may differ significantly from ac

  32. Slide 32: ©️ TOYOBO CO., LTD. All rights reserved.

    ©️ TOYOBO CO., LTD. All rights reserved.

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