Nagase & Co., Ltd. · TSE:8012
Nagase & — Q1 FY2026 Earnings Presentation
27 slides from Nagase &'s earnings presentation, Aug 4, 2026
Slide 1: FY2026 First Quarter Financial Briefing
FY2026 First Quarter Financial Briefing NAGASE&CO.,LTD. Stock exchange listing : Tokyo (Prime Market) Code number : 8012 August 4, 2026 Copyright © 2026 NAGASE & CO., LTD.
Slide 2: Executive Summary
Executive Summary The Company posted record-high net sales and profits at all levels. In Materials, earnings were strong due to soaring market prices caused by the situation in the Middle East. FY2026 First Quarter In Electronics, sales were strong for Nagase ChemteX formulated epoxy resins used in
Slide 3: Contents
Contents ■ Consolidated Statements of Income P４ ■ Operating Income by Segment : Two-Year Comparison P5 ■ Segment Overview P6～P8 ■ Consolidated Balance Sheets P9 ■ Consolidated Cash Flows P10 ■ FY2026 Earnings Projection P11～P13 ■ Shareholder Returns P14 <Appendix> Business Environment Surrounding NA
Slide 4: Consolidated Statements of Income
Consolidated Statements of Income ▶ Posted record-high net sales and profits at all levels for any first quarter. ▶ Gross profit increased with business growth and meeting customer demands reliably amid supply chain disruptions caused by the situation in the Middle East. ▶ Operating income increased
Slide 5: Operating Income by Segment: Two-Year Comparison
Operating Income by Segment : Two-Year Comparison ▶ Profit increased year on year across all segments. ▶ Corporate & Others increased by ¥0.9 billion. This increase was due to a decrease in retirement benefit expenses related to the amortization of actuarial differences. (Retirement benefit expense
Slide 6: Segment Overview: Materials
Materials Segment Overview: Materials ▶ Gross profit rose ¥4.7 billion year on year. Operating income increased ¥3.1 billion year on year. <Manufacturing> ・ Sales of industrial hoses and civil engineering pipes increased in Nagase RooTAC Industries, Inc. <Trading> ・ Profit margins improved overall,
Slide 7: Segment Overview: Electronics
Electronics Segment Overview: Electronics ▶ Gross profit rose ¥2.4 billion year on year. Operating income increased ¥1.8 billion year on year. <Manufacturing> ・ Nagase ChemteX saw an increase in sales of formulated epoxy resins. Despite weak performance in sales for mobile device applications, the b
Slide 8: Segment Overview: Life Sciences
Life Sciences Segment Overview: Life Sciences ▶ Gross profit increased ¥3.7 billion year on year. Operating income increased ¥0.7 billion year on year. <Manufacturing> ・ The Prinova Group manufacturing business posted a strong sales increase in Solutions and Nutrition. ・ Nagase Viita offset rising r
Slide 9: Consolidated Balance Sheets
Consolidated Balance Sheets ▶ Current assets increased. Cash and deposits decreased while trade accounts receivable and inventories rose with business growth. ▶ Non-current assets increased. The increase was due to an increase in the market value of investment securities, among other factors. ▶ Liab
Slide 10: Consolidated Cash Flows
Consolidated Cash Flows ▶ Net cash used in operating CF amounted to ¥21.2 billion. This result was mainly due to a decrease in cash of ¥30.6 billion due to an increase in working capital. ▶ Net cash used in Investing CF amounted to ¥4.1 billion. This result was mainly due to an expenditure of ¥3.4 b
Slide 11: FY2026 Earnings Projection (No Change)
FY2026 Earnings Projection (No Change) 100 milions of yen FY2025 FY2026 Change Vs.PY Actual Forecast Sales 9,727 10,000 272 103% Gross profit 1,876 1,980 103 105% <GP ratio> 19.3% 19.8% 0.5ppt － SG&A expenses 1,429 1,530 100 107% Operating income 447 450 2 101% <OP ratio> 4.6% 4.5% (0.1ppt) － (exclu
Slide 12: FY2026 Earnings Projection By Segment (No Change)
FY2026 Earnings Projection By Segment (No Change) 100 millions of yen FY2025 FY2026 Change Vs.PY Actual Forecast Sales 4,905 4,955 49 101% Gross profit 757 776 18 102% Materials <profit ratio> 15.4% 15.7% 0.2ppt — Operating income 214 196 (18) 91% <profit ratio> 4.4% 4.0% (0.4ppt) — Sales 1,728 1,75
Slide 13: FY2026 Earnings Projections by Major Manufacturing Subsidiaries (No Change)
FY2026 Earnings Projections by Major Manufacturing Subsidiaries (No Change) 100 milions of yen FY2025 FY2026 Change Vs.PY Actual Forecast Sales 330 356 25 108% Gross profit 117 125 8 107% Nagase ChemteX Group <profit ratio> 35.5% 35.3% (0.2ppt) ー Operating income 37 37 (0) 100% <profit ratio> 11.5%
Slide 14: Shareholder Returns
Shareholder Returns ▶ We plan to pay ¥27 per share for the full year, consisting of an interim dividend of ¥13 per share and a year-end dividend of ¥14 per share (projecting a 17th consecutive year of dividend increases). ▶ We approved a resolution in August 2026 to conduct ¥3.0 billion in share buy
Slide 15: Management Philosophy
Management Philosophy We recognize our responsibility to society and offer beneficial products and services while maintaining the highest standards of integrity. Through our growth, we will contribute to society and enrich the lives of our employees. 15
Slide 16: Investor Relations Website and Inquiries
■NAGASE Group Investor Relations Website: https://www.nagase.co.jp/english/ir/ ■Inquiries: https://www.nagase.co.jp/english/contact/ir/ These presentation materials contain projections based on forward-looking assumptions, forecasts, and plans as of August 4, 2026 Actual earnings may differ from pro
Slide 17: Business Environment Surrounding NAGASE Segments
Appendix Review Business Environment Surrounding NAGASE Segments Industry FY2025 Trends FY2026 Trends Segment Electrical and Demand and resin market conditions to remain Demand and resin market conditions saw slight Electronic flat.Business opportunities to increase due to OA growth YoY. Equipment i
Slide 18: Gross Profit by Region
Appendix Gross Profit by Region Domestic & Overseas Gross Profit(100 millions of yen) Overseas Gross Profit by Region(100 millions of yen) 600 100.0% 300 Total 295 Other 4 Total 551 1.5% 550 Europe 90.0% Overseas 48 16.2% 295 Other 500 Total 233 3 80.0% 1.7% Total 443 450 Overseas Europe Overseas gr
Slide 19: Gross Profit by Business & Segment: Two-Year Comparison
Appendix Gross Profit by Business & Segment : Two-Year Comparison Gross Profit By Business & Segment (100 millions of yen) Change in Gross Profit By Segment (100 millions of yen) Gross Profit Quarterly Trend (100 millions of yen) * Beginning with FY2026, we will provide separate disclosures Prinova
Slide 20: Operating Income by Business & Segment: Two-Year Comparison
Appendix Operating Income by Business & Segment : Two-Year Comparison Operating Income By Business & Segment Change in Operating Income By Segment (100 millions of yen) (100 millions of yen) ７ １８ ３１ Operating Income Quarterly Trend (100 millions of yen) * Calculations of composition ratios by busine
Slide 21: Sales, Gross Profit, and Operating Income by Quarter
Appendix Sales, Gross Profit, and Operating Income by Quarter 100 millions of yen FY2026 Achieve Quarterly results Forecast ment FY2025 １Q ２Q ３Q ４Q YTD Actual Sales FY2026 2,797 2,797 10,000 28% FY2025 2,373 2,424 2,443 2,487 2,373 9,727 Change 424 424 272 Gross profit FY2026 551 551 1,980 28% FY202
Slide 22: Segment Overview: Materials
Materials Appendix Segment Overview: Materials 100 millions of yen FY2026 Achieve Quarterly results Forecast ment FY2025 １Q ２Q ３Q ４Q YTD Actual Sales FY2026 1,403 1,403 4,955 28% FY2025 1,189 1,240 1,239 1,236 1,189 4,905 Change 214 214 49 Gross profit FY2026 228 228 776 29% FY2025 181 190 191 194 1
Slide 23: Segment Overview: Electronics
Electronics Appendix Segment Overview: Electronics 100 millions of yen FY2026 Achieve Quarterly results Forecast ment FY2025 １Q ２Q ３Q ４Q YTD Actual Sales FY2026 491 491 1,750 28% FY2025 415 431 442 439 415 1,728 Change 76 76 21 Gross profit FY2026 127 127 479 27% FY2025 103 115 120 114 103 453 Chang
Slide 24: Segment Overview: Life Sciences
Life Sciences Appendix Segment Overview: Life Sciences 100 millions of yen FY2026 Achieve Quarterly results Forecast ment FY2025 １Q ２Q ３Q ４Q YTD Actual Sales FY2026 902 902 3,294 27% FY2025 768 751 760 810 768 3,092 Change 133 133 202 Gross profit FY2026 195 195 724 27% FY2025 157 160 167 179 157 66
Slide 25: Overview of Major Manufacturing Subsidiaries: Nagase ChemteX Group
Appendix Overview of Major Manufacturing Subsidiaries: Nagase ChemteX Group ▶ Gross profit increased by ¥1.0 billion year on year. Operating income increased by ¥0.8 billion year on year. ・ Operating income stemming from sales of formulated epoxy resins increased. LMC sales of products for AI semico
Slide 26: Overview of Major Manufacturing Subsidiaries: Nagase Viita
Appendix Overview of Major Manufacturing Subsidiaries: Nagase Viita ▶ Gross profit increased by ¥0.2 billion year on year. Operating income increased by ¥0.1 billion year on year. ・ Operating income declined for food ingredients sales. While sales volume was level year on year, rising raw materials
Slide 27: Overview of Major Manufacturing Subsidiaries: Prinova Group
Appendix Overview of Major Manufacturing Subsidiaries: Prinova Group ▶ Gross profit increased by ¥2.3 billion year on year. Operating income increased by ¥0.5 billion year on year. ・ The manufacturing business saw an increase in operating income. This increase was due to a narrower loss in the Nutri