May 13, 2026
Note: This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
- FY2025 Key Points of Financial Results
- Domestic Cement Demand / Our Sales Volume
- FY2025 Financial Summary
- FY2026 Earnings Forecast
- Supplementary Financial Materials
Key Points of Financial Results
1. FY2025 (Fiscal Year Ended March 31, 2026)
Despite tough conditions in domestic cement demand, operating profit increased partly due to the impact of price hikes.
Although the FY2023-25 Medium-term Management Plan targets were unachieved, profit significantly improved from
operating loss in FY2022.
Net sales
(FY2025 Results)
223,700mn yen
+1.9% YoY
Operating profit
(FY2025 Results)
13,600mn yen
+45.9% YoY
ROE
(FY2025 Results)
5.8%
+1.1pp YoY
ROIC
(FY2025 Results)
3.3%
+1.0pp YoY
Total return ratio
(FY23-25 average results)
62.0%
Medium-term Management Plan
(FY2025 Target)
235,000mn yen
Medium-term Management Plan
(FY2025 Target)
21,400mn yen
Medium-term Management Plan
(FY2025 Target)
8.0% or higher
Medium-term Management Plan
(FY2025 Target)
5.0% or higher
Medium-term Management Plan
(FY23-25 Average)
50% or higher
Key points |
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2. Domestic Cement Demand / Our Sales Volume
Domestic cement demand
FY2026 Forecast
FY2025
FY2024
FY2023
FY2022
0
1,480
1,535
1,634
1,000
1,739
1,860
2,000
3,000
1,520
3,053
1,518
3,266
1,631
3,458
1,719
3,728
1,868
4,000
3,000
2nd half (Unit: 10,000t)
1st half
2026年
2026年
Our domestic sales volume Our export volume
FY2026
Forecast
1st half 2nd half
335.4
(Unit: 10,000t)
343.5 678.9
FY2025
343.4
353.7
697.1
FY2024
356.6
363.0
719.6
1st half
82.0
2nd half (Unit: 10,000t)
FY2026
Forecast
FY2025
78.0
160.0
64.6
72.9
137.5
FY2024
64.1
62.6
126.8
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3. FY2025 Financial Summary
Year on year
① Net sales
・Increased due to domestic cement selling price hikes and an increase in the share of the new models of electrostatic chucks in total sales volume in the Advanced Materials business
② Operating profit
・Increased in the Cement business due to the impact of price hikes and a decline in coal prices
・Increased in the Advanced Materials business due to lineup of electrostatic chucks
③ Non-operating income/expenses, net
・Increased due to improved foreign
exchange gains/losses
➃Extraordinary income/losses, net
・Decreased due to the recording of impairment losses associated with the closure of the Ako power plant, among other factors
Unit: 100 million yen
FY2024 | FY2025 | YoY Change | YoY Change Rate | vs. Forecast (Nov. 11) | |
Net sales | 2,195 | 2,237 | 42 | +1.9% | -15 |
Operating profit (Cement business only) | 93.5 (8.8) | 136.5 (55.0) | 43.0 (46.2) | +45.9% (+526.0%) | -3.5 (5.0) |
Operating profit margin | 4.3% | 6.1% | +1.8pp | ||
Non-operating income/expenses, net | 0.2 | 7.6 | 7.4 | 11.6 | |
Ordinary profit | 93.7 | 144.1 | 50.4 | +53.8% | 8.1 |
Extraordinary income/losses, net | 34.1 | 16.4 | -17.7 | 21.4 | |
Profit attributable to owners of the parent | 90.1 | 112.1 | 22.0 | +24.5% | 12.1 |
Dividend per share | 120 yen | 120 yen | - | - | - |
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