Nippon Carbide Industries Company,incorporated · TSE:4064
Nippon Carbide Industries Company,incorporated — Q2 FY2026 Earnings Presentation
26 slides from Nippon Carbide Industries Company,incorporated's earnings presentation, Nov 10, 2025
Slide 1: Explanation of Financial Results for the 2nd Quarter of the Year ending March 31, 2026
Explanation of Financial Results for the 2nd Quarter of the Year ending March 31, 2026 November 10, 2025
Slide 2: Summary of Financial Results for the 2nd Quarter
Summary of Financial Results for the 2nd Quarter of the Year ending March 31, 2026
Slide 3: Summary [Consolidated Statements of Income]
Summary [Consolidated Statements of Income] • In the Electronic and Functional Products Business, although shipments of Adhesives for Optical Related Fields decreased due to intensified competition in the Chinese market, shipments of products for pharmaceuticals and agricultural chemicals increased.
Slide 4: Analysis of factors leading to changes in operating profit
Analysis of factors leading to changes in operating profit 2nd Quarter of year ended March 31, 2025 vs 2nd Quarter of year ending March 31, 2026 Increase in profits by 830 million yen compared to the same period of the previous year Unit: Million yen 4
Slide 5: Performance by segment
Performance by segment 2nd Quarter of 2nd Quarter of year ended year ending Year-on-year comparison March 31, 2025 March 31, 2026 Year-on-year changes Year-on-year changes Results Results (amount) (percentage) Electronic and Net sales 8,621 8,261 - 360 -4.2% Functional Products Operating profit 388
Slide 6: Situation by segment: Electronic and Functional Products Business
Situation by segment: Electronic and Functional Products Business Unit: Million yen 2nd Quarter of 2nd Quarter of year ended year ending Year-on-year comparison March 31, 2025 March 31, 2026 Year-on-year changes Year-on-year changes Results Results (amount) (percentage) Net sales 8,621 8,261 - 360 -
Slide 7: Situation by segment: Films and Sheetings Products Business
Situation by segment: Films and Sheetings Products Business Unit: Million yen 2nd Quarter of 2nd Quarter of year ended year ending Year-on-year comparison March 31, 2025 March 31, 2026 Year-on-year changes Year-on-year changes Results Results (amount) (percentage) Net sales 9,963 10,460 496 +5.0% Fi
Slide 8: Situation by segment: Construction Materials Related Business
Situation by segment: Construction Materials Related Business Unit: Million yen 2nd Quarter of 2nd Quarter of year ended year ending Year-on-year comparison March 31, 2025 March 31, 2026 Year-on-year Year-on-year Results Results changes changes (amount) (percentage) Net sales 3,501 3,749 247 +7.1% O
Slide 9: Situation by segment: Engineering Business
Situation by segment: Engineering Business Unit: Million yen 2nd Quarter of year ended 2nd Quarter of year ending Year-on-year comparison March 31, 2025 March 31, 2026 Year-on-year changes Year-on-year changes Results Results (amount) (percentage) Net sales 1,422 1,911 488 +34.3% Operating profit 91
Slide 10: [Summary] Consolidated balance sheets
[Summary] Consolidated balance sheets Unit: Million yen 2nd Quarter of year Year ended March 31, 2025 End-to-end ratio ending March 31, 2026 Cash and deposits 14,538 13,211 - 1,327 Notes and accounts receivable - trade 13,928 14,637 709 Inventory 9,672 9,282 - 390 Tangible fixed assets/intangible fi
Slide 11: Consolidated statements of cash flows
Consolidated statements of cash flows Free cash flow was 1,483million yen Unit: Million yen 2nd Quarter of year 2nd Quarter of year Year-on-year ended March 31, 2025 ending March 31, 2026 comparison Profit before income taxes 1,381 2,363 982 Depreciation 940 895 - 45 Net cash provided by (used in) o
Slide 12: Forecast of full-year results for the year ending March 2026
Forecast of full-year results for the year ending 31 March, 2026
Slide 13: Forecast of consolidated results for the year ending March 31, 2026
Forecast of consolidated results for the year ending March 31, 2026 There are no revisions to the earnings forecast. In addition, we expected a decline in operating profit of approximately 140 million yen due to the direct impact of the additional U.S tariff. *This reflects developments up to the U.
Slide 14: Analysis of factors leading to changes in operating profit
Analysis of factors leading to changes in operating profit FY2025 vs FY2026 Decrease in profits by 193million yen compared to the previous period Unit: Million yen 14
Slide 15: Business outlook for second half of the fiscal year by segment
Business outlook for second half of the fiscal year by segment (First Half Comparison) Shipments of products for electronic components and products for pharmaceutical were Functional － concentrated in the first half and decreased in the second half due to customer-side Chemicals factors Electronic F
Slide 16: Forecast by segment
Forecast by segment Unit: Million yen Year ended Year ending Year ending Year-on-year changes March 31, 2025 March 31, 2026 March 31, 2026 Forecasts Forecasts Year-on-year changes Year-on-year changes Results announced on 5/13 at present (amount) (percentage) Electronic and Net sales 17,414 17,800 1
Slide 17: Actions to achieve management conscious of cost of capital and stock price
Actions to achieve management conscious of cost of capital and stock price
Slide 18: Initiatives for improved PBR
Initiatives for improved PBR Recognizing that improving PBR is an important management issue, the company will promote measures from both ROE and PER perspectives. PBR improved from 0.40 in the FY ended March 2023 to 0.58 in the second quarter of fiscal year ending March 2026. PBR ＝ ROE × PER Busine
Slide 19: Initiatives related to strategic markets
Initiatives related to strategic markets ➢ We have defined the strategic market sectors as “Semiconductors,” “Electronic devices,” “Environment,” “Life,” and “Mobility,” and are implementing the key measures below. We will maintain this direction and further reinforce it in the next medium-term mana
Slide 20: Initiatives related to shareholder returns and interest-bearing debt
Initiatives related to shareholder returns and interest-bearing debt ➢ We plan to maintain a stable dividend, targeting a payout ratio of at least 30%, and to increase dividends. We will continue to enhance shareholder returns further. ➢ The D/E ratio has fallen to 0.24 times, exceeding the target,
Slide 21: Initiatives related to funding efficiency and sustainability
Initiatives related to funding efficiency and sustainability ➢ In terms of capital strategy, we aim to sell cross-shareholdings and reduce them to 1% or less of consolidated net assets. ➢ In terms of sustainability, we are steadily promoting reductions in GHG emissions through energy-saving initiati
Slide 22: TOPICS
TOPICS ey)
Slide 23: Light-Diffusion Films adopted for skylights at Descente Apparel's new plant
TOPICS① Light-Diffusion Films adopted for skylights at Descente Apparel’s new plant The “Light-Diffusion Films” has been adopted for the skylight sections in the new plant within Mizusawa Factory of DESCENTE APPAREL LTD. (Oshu City, Iwate Prefecture). This product softens glare from intense direct l
Slide 24: Retroreflective Sheetings for License Plates: expanding regions of entry
TOPICS② Retroreflective Sheetings for License Plates: expanding regions of entry Our “Retroreflective Sheetings for License Plates,” a growth drivers, have been adopted for the first time in Abu Dhabi, enabling us to enter the Middle Eastern market. This result reflects a high evaluation of their ab
Slide 25: Nippon Carbide Industries to be featured in Newsweek special
TOPICS③ Nippon Carbide Industries to be featured in the U.S. Newsweek special “The rise of Japan’s Hidden Champions” NIPPON CARBIDE INDUSTRIES CO., INC. is scheduled to be featured in the special “The rise of Japan’s Hidden Champions” in “Newsweek,” an international U.S. magazine on economic and soc
Slide 26: For questions and inquiries from analysts/institutional investors
For questions and inquiries from analysts/institutional investors, please contact Public Relations & Investor Relations Group Corporate Planning Department Please contact us via e-mail: prir@carbide.co.jp [Notes related to future prospects] This material is intended solely for the purpose of providi
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