Kurita Water Industries Ltd. TSE:6370

Kurita Water Industries : Consolidated Financial Results for the First Nine Months of the Fiscal Year Ending March 31, 2026 (IFRS)

Published February 5, 2026 at 6:38 a.m. UTC

Source: MarketScreener

Results Presentation for the Third Quarter of the Fiscal Year Ending March 31, 2026

(Securities code: 6370)

February 6, 2026

Kurita Water Industries Ltd.

Summary

Nine-Month Results

YoY change rate Orders : + 0.5% Net sales : + 0.9% Business profit: + 10.1%

Progress is on track with the FY03/2026 forecast

Electronics Industry

Although net sales declined due to lower sales in facilities and precision tool cleaning, business profit remained roughly in line with the nine-month period of the previous fiscal year, supported by improved cost of sales ratio.
Overall performance is broadly tracking our full-year forecast, while progress varies by business.
Orders and net sales are expected to remain high in the 4Q due to the planned receipt of orders for some large projects and progress in construction.
General
Industry

Net sales and business profit increased, driven by higher sales in facilities and maintenance, as well as improvement in the cost of sales ratio supported by the expansion of the CSV business.
Progress is broadly in line with the full-year forecast.
The CSV business is also steadily tracking toward its full-year plan.

Overview of Results

(Billions of Yen)		FY 03/2025 Nine-Month Results	FY 03/2026			FY 03/2026 Forecast (Announced in Nov.)
(Billions of Yen)		FY 03/2025 Nine-Month Results	Nine-Month Results	YoY Change	YoY change rate	FY 03/2026 Forecast (Announced in Nov.)
Orders		312.5	314.2	+ 1.6	+ 0.5%	435.0
Net Sales		300.8	303.6	+ 2.8	+ 0.9%	425.0
Business Profit		35.3	38.9	+ 3.6	+ 10.1%	54.0
Business Profit Margin		11.7%	12.8%	+ 1.1pp	-	12.7%
Net of Other Income and Expenses		(0.6)	1.4	+ 2.0	-	(0.5)
Operating Profit		34.7	40.2	+ 5.5	+ 15.9%	53.5
Profit Before Tax		34.7	40.0	+ 5.3	+ 15.3%	52.5
Profit Attributable to Owners of Parent		24.2	27.4	+ 3.2	+ 13.1%	36.3
Basic Earnings per Share (yen)		215.55	249.32	+ 33.77	+ 15.7%	330.61*
Foreign Rate	USD (yen)	152.6	148.7			146.0
	EUR (yen)	164.8	171.8			168.1
	CNY (yen)	21.2	20.8			20.3

（Billions of Yen）

300.8

281.6 286.7

303.6

35.3

38.9

30.5

312.5 314.2

FY 03/2024

Nine Month

FY 03/2025

Nine Month

FY 03/2026

Nine Month

Exchange

Orders Net Sales Business Profit

* The average number of shares outstanding during the period has changed. Accordingly, the figures have been revised from the forecast announced on November 7.

Factors in Business Profit Change (YoY Change)

(Billions of Yen)

Electronics Industry

Decreased

Increased

General

Industry

Electronics Industry

Improved

General Industry

35.3

Impact of increased sales

+ 1.6

Improving the cost of sales ratio

+ 3.4

Increase in SG&A expenses

(1.3)

Impact of foreign exchange rate

(0.1)

38.9

Increase in personnel and digital-related expenses

30 FY 03/2025

Nine-Month Results

FY 03/2026

Nine-Month Results

YoY Change + 3.6 (Organic Change + 3.6))

Electronics

Industry

Results by Segment

Facilities

(Billions of Yen)		FY 03/2025 Nine-Month Results	FY 03/2026		FY 03/2026 Forecast (Announced in Nov.)
(Billions of Yen)		FY 03/2025 Nine-Month Results	Nine-Month Results	YoY Change	FY 03/2026 Forecast (Announced in Nov.)
Orders		148.7	143.3	(5.5)	213.0
	Facilities	62.0	53.9	(8.0)	96.1
	Recurring Contract- Based Services	40.2	41.2	+ 1.0	52.5
	Services	46.6	48.1	+ 1.5	64.4
	Chemicals	9.1	9.3	+ 0.3	11.3
	Precision Tool Cleaning	21.8	19.8	(2.0)	29.0
	Maintenance	15.7	18.9	+ 3.2	24.1
Net Sales		140.0	136.5	(3.5)	199.0
	Facilities	53.7	48.5	(5.1)	81.2
	Recurring Contract- Based Services	40.3	41.2	+ 0.9	52.4
	Services	46.0	46.8	+ 0.7	65.4
	Chemicals	9.0	8.9	(0.2)	11.4
	Precision Tool Cleaning	21.7	19.7	(2.0)	29.0
	Maintenance	15.2	18.2	+ 2.9	25.1
Business Profit		18.8	18.5	(0.3)	26.0
Business Profit Margin		13.4%	13.5%	+ 0.1pp	13.1%
Operating Profit		18.9	19.5	+ 0.5	26.5

Order and net sales declined due to the absence of large-scale project in China recorded in the previous fiscal year.
Recurring Contract-Based Services
Despite the completion of a certain contract, net sales increased supported by the water supply project that began service in 2Q of the previous fiscal year and by the operating conditions of customers' plants.
Precision Tool Cleaning
Net sales decreased mainly overseas due to the

of exchange rates.

Maintenance

Net sales increased in all regions, primarily in Asia.

operating status of the customers' plants and the impact

Organic Change	(1.7)
Impact of Foreign Exchange Rate	(1.8)

Temporary gain from cancellation of certain water supply contract

* From 1Q, reclassified the Europe/North America facility business for electronics industry from General Industry segment to Electronics Industry segment, with retrospective adjustment to FY 03/2025 results.