Fiscal year ending March 31, 2026 (3Q)
Appendix for Consolidated Financial ResultsFebruary 9, 2026
Summary of financial results
Point
Net sales and profit increased YoY. Consolidated financial forecast has been revised upward, considering going forward business performance in the current term.
Textile Materials Division： Both sales and profit increased YoY due to transactions of functional yarns and textiles for innerwear remained strong and export textiles to the U.S. and OEM/ODM transactions for products continued to perform steadily.
Industrial Products Division: Both sales and profit decreased YoY. Although transactions of raw materials for painting and machinery increased, there were impacts of US-China export-semiconductor regulations and a change in commercial flow in semiconductor transactions.
1
（ Millions of yen ）
Consolidated Operating Results | FY ended March 31, 2025 (3Q) | FY ending March 31, 2026 (3Q) | year-on-year （Amount） | year-on-year （%） |
Net sales | 119,298 | 130,704 | 11,406 | 9.6 |
Gross profit | 12,583 | 13,587 | 1,004 | 8.0 |
Selling, general and administrative expenses | 9,969 | 10,831 | 861 | 8.6 |
Operating profit | 2,613 | 2,756 | 143 | 5.5 |
Operating profit ratio（%） | 2.2% | 2.1% | △0.1pt | ー |
Ordinary profit | 2,451 | 2,959 | 507 | 20.7 |
Profit attributable to owners to parent | 1,772 | 2,072 | 300 | 17.0 |
Summary of financial results by Division
Net sales
（Millions of yen）
Net sales comparison
（Millions of yen）
FY ending March 31, 2026 (3Q) Component ratio of Net sales
18%
82%
22,925 | ||||
25,876 | ||||
107,779 | ||||
93,421 | ||||
Division | FY ended March 31, 2025 (3Q) | FY ending March 31, 2026 (3Q) | year-on-year （Amount） |
Textile Materials | 93,421 | 107,779 | 14,357 |
Industrial Products | 25,876 | 22,925 | △2,950 |
Total | 119,298 | 130,704 | 11,406 |
FY ended March 31, 2025 (3Q)
FY ending March 31, 2026 (3Q)
Textile Materials DivisionIndustrial Products Division
Operating profit
（Millions of yen）
Textile Materials Division Industrial Products DivisionOperating profit comparison
（Millions of yen）
FY ending March 31, 2026 (3Q) Component ratio of Operating profit
1,513
1,636
1,907
1,296
40%
60%
Division | FY ended March 31, 2025 (3Q) | FY ending March 31, 2026 (3Q) | year-on-year （Amount） |
Textile Materials | 1,513 | 1,907 | 394 |
Industrial Products | 1,636 | 1,296 | △339 |
Adjustment | △536 | △447 | 88 |
Total | 2,613 | 2,756 | 143 |
FY ended
March 31, 2025 (3Q)
FY ending
March 31, 2026 (3Q)
Textile Materials Division2
Industrial Products Division
Textile Materials Division Industrial Products Division
Financial Results by Segment （year-on-year）
（Millions of yen）
Segment | Net sales | Operating profit | |||||
FY ended March 31, 2025 (3Q) | FY ending March 31, 2026 (3Q) | year-on-year | FY ended March 31, 2025 (3Q) | FY ending March 31, 2026 (3Q) | year-on-year | ||
Textile Materials | Fibers | 70,091 | 80,146 | 10,055 | 519 | 358 | △160 |
Outerwear | 14,045 | 19,118 | 5,073 | 860 | 1,254 | 394 | |
Innerwear | 9,285 | 8,513 | △771 | 133 | 294 | 160 | |
Industrial Products | Semiconductors | 8,420 | 4,169 | △4,250 | 468 | 71 | △397 |
Chemicals | 10,128 | 10,872 | 743 | 626 | 633 | 7 | |
Hobby & Life | 4,177 | 3,769 | △408 | 460 | 345 | △114 | |
Machinery & Equipment | 3,149 | 4,114 | 964 | 81 | 246 | 164 | |
Adjustment | - | - | - | △536 | △447 | 88 | |
Total | 119,298 | 130,704 | 11,406 | 2,613 | 2,756 | 143 | |
108.7
85.1
191.1
700.9
801.4
140.4
Net sales
FY ended March 2025 (3Q)
（100 millions of yen）
41.7 31.4
101.2
84.2
92.8
Operating profit （100 millions of yen）
△ 5.3
8.6
1.3
4.6
6.2
4.6
5.1
3.5
△ 4.4
12.5
6.3
2.9
0.8
0.7
FibersOuterwear
Innerwear
Semiconductors
Chemicals
FY ending March 2026 (3Q)
41.6
37.6 41.1
Hobby & Life2.4
3.4
3
Adjustment
Results by Segment (year-on-year) Operating profit trend
（Millions of yen）
160 2,613 394 7 164 △ 160 △ 397 △ 114 | 88 2,756 | ||
4
FY ended March 31, 2025 (3Q)
Fibers Outerwear Innerwear Semiconductors Chemicals Hobby & Life Machinery & Equipment Adjustment FY ending
March 31, 2026 (3Q)
Textile Materials Division | ||
Fibers | Decreased | Transactions of functional yarns and textiles for innerwear remain strong but provision of allowance for doubtful accounts expense for our specific customer was posted |
Outer wear | Increased | Robust sales of exporting textiles to the U.S. and OEM/ODM transaction for products. The profitability was improved by withdrawal from unprofitable business operations and progressing triacetate business |
Inner Wear | Increased | Demands for high-performance materials and natural-origin functional innerwear continue to perform steadily. Although transactions of products such as lingerie decreased, progressed though measures addressing the surge in raw material prices. |
Industrial Products Division | ||
Semi conductors | Decreased | Due to US-China export-semiconductor and the impact of change in commercial flow in semiconductor transactions |
Chemicals | Increased | Robust sales of raw materials of painting and functional resins for domestic and overseas |
Hobby & Life | Decreased | Raw materials for cosmetics and profitability was improved by modification of price, however transactions related to Hobby decreased , especially in domestic, Europe and U.S. |
Machinery& Equipment | Increased | Transactions for related scientific equipment showed weak performance but huge transactions of composite manufacturing equipment and industrial machinery contribute to profit |
（百万 円）
Consolidated Balance Sheet
Point
【Assets】 Increased due to increase of Accounts receivable
【Liabilities】 Increased due to increase of notes and accounts payable
【Net Assets】 Increased due to increase Capital by Profit attributable to owners of parent and Valuation difference on available-for-sale securities
5
（Millions of yen）
Consolidated financial position | FY ended March 31, 2025 | FY ending March 31, 2026 (3Q) | year-on-year |
Assets | 79,965 | 83,672 | 3,706 |
Liabilities （Net Interest-bearing Debt） | 49,879 5,486 | 52,124 3,719 | 2,245 △1,766 |
Net Assets | 30,086 | 31,548 | 1,461 |
Equity | 30,086 | 31,548 | 1,461 |
Equity adequacy ratio | 37.6 | 37.7 | 0.1pt |
Overseas Net sales
Point
Overseas Net sales increased year-on-year, ratio of oversea net sales is over 65%
Although there were impacts of a change in commercial flow in Americas, transaction of functional yarns and textiles for innerwear increased in Asia
Regions | FY ended March 31, 2025 (3Q) | FY ending March 31, 2026 (3Q) | year-on-year | |||
Amount | Component ratio （％） | Amount | Component ratio （％） | Amount | Component ratio （％） | |
Asia | 69,257 | 58.1 | 80,513 | 61.6 | 11,255 | 3.5 |
Americas | 9,149 | 7.7 | 4,769 | 3.6 | △4,379 | △4.1 |
Europe and others | 4,266 | 3.6 | 3,432 | 2.6 | △834 | △1.0 |
Overseas Net sales | 82,673 | 69.3 | 88,715 | 67.9 | 6,041 | △1.4 |
（Millions of yen）
32.1%
Component
ratio of
61.6%
Overseas Net sales
67.9%
（Consolidated）
2.6%
3.6%
FY ending March 31, 2026 (3Q) Component ratio of sales by Region
AsiaAmericas
Europe and others
Japan
6
Asia：Mainly China and Hong Kong Americas：Mainly the U.S. and Brazil
Forecast of Result in FY ending March 31, 2026 ①
Point
Net sales and each profits progressed steadily in line with consolidated financial forecast announced on 5/15/2025, exceeding the standard progress rate.
Progress for operating profit and profit attributable to owners of parent
（Millions of yen）
Consolidated Operating Results | FY ending March 31, 2026 Forecast announced on 5/15/2025 | FY ending March 31, 2026 (3Q) Result | Progress （Standard：75%） |
Net sales | 166,000 | 130,704 | 78.7% |
Operating profit | 3,200 | 2,756 | 86.1% |
Ordinary profit | 3,200 | 2,959 | 92.5% |
Profit attributable to owners of parent | 2,400 | 2,072 | 86.4% |
（Millions of yen）
FY ending March 31, 2026 (3Q) Result FY ending March 31, 2026Forecast announced on 5/15/2025
Progress
86.1%
3,200
Progress
86.4%
2,756
2,400
2,072
7
Operating profit Profit attributable to owners of parent
Forecast of Result in FY ending March 31, 2026 ②
Point
Consolidated financial forecasts announced on 5/15/2025 has been revised upward, considering going forward business performance in this term.
Please refer to "Notice regarding the Revision of Consolidated Financial Forecasts and Dividend Forecast" disclosed on 2/9/2026 for details.
Consolidate d Operating Results | FY ending March 31, 2026 ( Previous Forecast ) | FY ending March 31, 2026 ( Revised Forecast ) |
Net sales | 166,000 | 172,000 |
Operating profit | 3,200 | 3,300 |
Ordinary profit | 3,200 | 3,400 |
Profit attributable to owners of parent | 2,400 | 2,500 |
（Millions of yen）
Trend of Operating profit and Operating profit ratio
Operating profit (Millions of yen)
Operating profit ratio（％）3,632
3,300
2,881
2,950
2,008
1,573
1,683
1,829
3.1
1,191
1.8
2.0
1.8
1.9
1.2
1.2
1.4
1.0
2018/3 2019/3 2020/3 2021/3 2022/3 2023/3 2024/3 2025/3 2026/3
8
（Revised Forecast）
Shareholder Return
【Revision of Dividend Forecast in FY ending March 31, 2026, and resolution of acquisition of treasury stock】
Point
Dividend per share： Revised upward to 102.00 yen per share, considering revised consolidated financial forecast.
This represents an increase of 2.00 yen from the previous forecast and an increase of 5.00 yen from the actual results for the previous fiscal year.
Acquisition of treasury stock: Resolved acquisition of treasury stock with a maximum amount of 700 millions yen
FY ending March 31, 2026 Forecast | |
Dividend per share | 102.0 yen |
Payout Ratio | 50.1％ |
Trend of Dividend per share and Payout Ratio
20
Dividend per share（yen）19
50.6 50.4 50.5 50.1
Forecast the increase of dividend for 10th consecutive fiscal year
28.2
97
102
24.7
22.4
83
18.6
65
73
17.5
20
22.5
30
2018/3 2019/3 2020/3 2021/3 2022/3 2023/3 2024/3 2025/3 2026/3
Payout Ratio（％）
12
48.9
"GSI CONNECT Phase2"Shareholder Return Policy
Maintain a dividend payout ratio of 50% or more
Progressive dividend policy with a minimum payout of 100 yen per share
Agile acquisition of treasury stock
※GSI Creos implemented a 2-for-1 stock split of common stock dated April 1, 2021,
（Forecast）
9
so the dividends per share are amounts calculated assuming that the stock sprit was carried out at the beginning of FY ended March 31, 2018.
Purpose
As a "Business Producer"
10
Seeking quality of life for the next generation, we realize the happiness of all the people
This document is intended to provide information that may serve as a reference for investment decisions. It is not intended as a solicitation to invest. Final decisions regarding stock selection and investments should be made at your own discretion.
While this document has been prepared based on information believed to be reliable, we do not guarantee its accuracy or completeness.