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42032026 Full YearPrimeIFRS

Sumitomo Bakelite (4203) FY2026 FY Earnings Report

For FY2026 FY, revenue came to ¥319.9B (+5.0% year on year) and operating income ¥35.5B (+43.1%). The segment drivers and cash flow follow.

Raw Materials & Chemicals/Chemicals


Financial Highlights

  • Net Sales: ¥319.87B
  • Operating Income: ¥35.48B
  • Net Income: ¥28.37B
  • EPS: ¥319.52

Income Statement

ItemCurrentPriorYoY %
Net Sales¥319.87B¥304.77B+5.0%
Cost of Sales¥219.76B¥211.22B+4.0%
Gross Profit¥100.11B¥93.55B+7.0%
SG&A Expenses¥65.62B¥62.71B+4.6%
Operating Income¥35.48B¥24.79B+43.1%
Profit Before Tax¥38.84B¥28.61B+35.7%
Income Tax Expense¥10.48B¥9.08B+15.3%
Net Income¥28.37B¥19.53B+45.2%
Net Income Attributable to Owners¥28.01B¥19.28B+45.3%
Basic EPS¥319.52¥208.91+52.9%
Dividend Per Share¥110.00¥45.00+144.4%
Total Dividend Paid¥9.65B¥8.57B+12.5%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥266.96B¥231.86B+¥35.10B
Accounts Receivable¥64.22B¥59.72B+¥4.50B
Inventories¥68.55B¥62.23B+¥6.32B
Non-current Assets¥217.21B¥185.92B+¥31.28B
Property, Plant & Equipment¥132.58B¥122.95B+¥9.63B
Goodwill¥3.22B¥1.49B+¥1.72B
Total Assets¥484.17B¥417.78B+¥66.39B
Accounts Payable¥60.01B¥56.67B+¥3.34B
Short-term Loans¥20.07B¥17.41B+¥2.66B
Non-current Liabilities¥42.49B¥41.59B+¥903M
Long-term Loans¥7.29B¥13.27B−¥5.98B
Total Liabilities¥133.52B¥124.21B+¥9.31B
Total Equity¥350.65B¥293.57B+¥57.08B
Capital Stock¥37.14B¥37.14B¥0
Capital Surplus¥35.14B¥35.18B−¥41M
Retained Earnings¥188.14B¥179.40B+¥8.73B
Treasury Stock−¥1.76B−¥21.00B+¥19.24B
Shareholders' Equity¥347.19B¥290.67B+¥56.51B
Equity Ratio71.7%69.6%+2.1%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥35.00B¥43.71B−¥8.71B
Investing Cash Flow−¥7.93B−¥15.60B+¥7.67B
Financing Cash Flow−¥13.58B−¥44.88B+¥31.30B
Cash and Cash Equivalents¥124.75B¥103.53B+¥21.22B
Free Cash Flow¥27.07B--

Profitability Ratios

ItemValue
ROE8.8%
ROA (Ordinary Income)8.6%
Payout Ratio34.4%
Dividend on Equity (DOE)3.0%
Book Value Per Share¥3,957.19
Net Profit Margin8.8%
Gross Profit Margin31.3%
Debt-to-Equity Ratio0.38x
Effective Tax Rate27.0%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+5.0%
Operating Income YoY Change+43.1%
Ordinary Income YoY Change−49.2%
Profit Before Tax YoY Change+35.7%
Net Income YoY Change+45.2%
Net Income Attributable to Owners YoY Change+45.3%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)88.25M shares
Treasury Stock514K shares
Average Shares Outstanding87.67M shares
Book Value Per Share¥3,996.62

Dividend Information

ItemAmount
Q2 Dividend¥50.00
Year-End Dividend¥60.00

Segment Information

SegmentRevenueOperating IncomeAssets
HighPerformancePlastics¥105.49B¥6.22B¥142.50B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥792M¥79M¥1.37B
QualityOfLifeProducts¥107.19B¥12.90B¥123.81B
SemiconductorMaterials¥106.40B¥20.71B¥168.55B

Full Year Forecast

ItemForecast
Net Sales Forecast¥337.00B
Operating Income Forecast¥37.50B
Net Income Attributable to Owners Forecast¥28.50B
Basic EPS Forecast¥324.84
Dividend Per Share Forecast¥120.00