FY25 Financial Results

FY25 Financial Results

May 13, 2026

Dexerials Corporation

Highlights

Net sales: 113.8 billion JPY, Business profit: 39.3 billion JPY

YoY increase in sales and profit (FX rate: 150.8 JPY/US$)

• Net sales

  Although sales of Phosphor films were terminated by the end of the first half of the previous fiscal year, resulting in the loss of sales from them, net sales increased due to expanded sales of high-value-added products related to camera modules for high-end smartphones, such as Pre-cut Anisotropic Conductive Films (ACF), as well as optical semiconductors.

• Business profit

  Profit increased as the rise in fixed costs resulting from growth investments mainly for

  optical semiconductors was offset by the expansion of high-value-added products.

  FY26

  Forecast

Net sales: 123.0 billion JPY, Business profit: 40.0 billion JPY

YoY increase in sales and profit (FX rate: 150.0 JPY/US$)

• While a decline in smartphone unit volumes is assumed due to rising memory prices, the high-end models are expected to expand. The impact of cost increases resulting from the situation in the Middle East through the first half is expected to be limited.

• Although an increase in fixed costs is expected due to growth investments mainly for optical semiconductors, net sales and profit are expected to increase, driven by the expansion of high-value-added products and the significant growth in optical semiconductors.

• Shareholder Returns : Planned interim dividend of 32.0 yen per share, year-end dividend of

32.0 yen per share, annual total of 64 yen per share.

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FY25 Financial Results Summary

（April 1, 2025 - March 31, 2026）

FY25 Market and Dexerials Trends of Major Final Products (YoY)

Final products Market Trend

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Trend of Dexerials

Tablets

• Market: Remained at the level of the previous year.

• Dexerials: Negative impact due to a decline in shipment volumes of certain adopted models.

  Laptop PCs

• Market: Replacement demand remained solid.

• Dexerials: Negative impact due to the termination of Phosphor films sales and a decline in shipment volumes of certain models adopting our Anti-reflection films (ARF).

  Smartphones

• Market: Remained at the level of the previous year.

• Dexerials: Positive impact driven by the expansion of camera module-related products for high-end models.

  Automotives

  Optical semiconductors

  (Optical transceivers)

• Market: Remained at the level of the previous year.

  
  
  

• Dexerials: Despite the negative impact of declining customer sales volumes amid intensified competition in the Chinese automotive market, sales increased slightly due to an expansion in the number of models adopting our Anti-reflection films (ARF).

• Market: Data center-related demand remained strong.

• Dexerials: Positive impact from extended sales of high-speed response photodiodes to major customers.

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