Konishi Co., Ltd. · TSE:4956
Konishi — H1 FY March 2026 Earnings Presentation
18 slides from Konishi's earnings presentation, November 2025
Slide 1: Consolidated Financial Results for the First Half Year Ended September 30, 2025
Consolidated Financial Results for the First Half Year Ended September 30, 2025 1. Summary of Financial Results for the Six Months Ended September 30, 2025 2. Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2026 and Key Initiatives 3. Implementation of Capital Policy and Capital
Slide 2: 1. Summary of Financial Results for the Six Months Ended September 30, 2025
1. Summary of Financial Results for the Six Months Ended September 30, 2025 1
Slide 3: Six Months Ended September 30, 2025 - Summary of Results
Six Months Ended September 30, 2025 - Summary of Results • Both net sales and profits decreased. (Unit: Million yen) Six months Six months Six months Relative Year-on-year ended Sep. 30, ended Sep. 30, ended Sep. 30, basis change from 2024 Actual 2025 Plan 2025 Actual Plan Net sales 65,683 67,200 65
Slide 4: Historical Net Sales and Operating Profit (First Half of Each Year)
Historical Net Sales and Operating Profit (First Half of Each Year) Note: The “Accounting Standard for Revenue Recognition” has been applied. (Unit: 100 Million yen) Net sales 653 657 655 581 539 6 months ended 6 months ended 6 months ended 6 months ended 6 months ended Sep. 30, 2021 Sep. 30, 2022 S
Slide 5: Consolidated Financial Results by Segment (Year-on-Year Comparison)
Consolidated Financial Results for the Six Months Ended September 30, 2025, by Segment (Year-on-Year Comparison) Net sales Operating profit (Unit: Million yen) • Bond: Increase due to new customers for new products and price increase • Bond: Decrease due to increased depreciation • Chemicals: Increa
Slide 6: Main Causes for Changes in Operating Profit
Six Months Ended September 30, 2025 - Main Causes for Changes in Operating Profit (Unit: Million yen, % in () comparison with the previous year) • Operating profit decreased due to higher depreciation and personnel expenses * resulting from capital expenditure Depreciation * included in manufacturin
Slide 7: Net Sales by Industry (Bond)
Net Sales by Industry (Bond) (Unit: Million yen, % in () comparison with the previous year) * Including internal transactions. (Internal transactions with significant Sales changes impact are reflected) +261 (+0.7%) Wall Bond Industry Co., Ltd. (Group) 1,317 (+9.3%) 1,205 Made strong progress due to
Slide 8: Net Sales by Industry (Chemicals)
Net Sales by Industry (Chemicals) (Unit: Million yen, % in () comparison with the previous year) Net sales of this segment are presented before the application of revenue *Including internal transactions. recognition for net sales by industry Sales changes because of the significant impact of the ap
Slide 9: Net Sales by Industry (Construction)
Net Sales by Industry (Construction) (Unit: Million yen, % in () comparison with the previous year) *Including internal transactions. Sales changes -1,225 (-11.2%) Chushin Construction Co., Ltd. (Group) 649 Sales decreased due to delay in construction progress 1,849 486 (-25.1%) Kakumaru Kensetsu Co
Slide 10: 2. Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2026 and Key Initiatives
2. Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2026 and Key Initiatives 9
Slide 11: Full-Term Results Plan for the Fiscal Year Ending March 31, 2026
Full-Term Results Plan for the Fiscal Year Ending March 31, 2026 • No change in the full-term results plan, as the impact of the last-minute demand in the previous fiscal year due to the revision of the Building Standards Act in the Bond business is expected to diminish and Construction is expected
Slide 12: Fiscal Year Ending March 2026 Key Initiatives: Bond business (manufacturing)
Fiscal Year Ending March 2026 Key Initiatives Bond business (manufacturing) [1] Promotion of new development of industrial applications • Further increase new customers by promoting the development of elastic adhesives and sealing materials for the electronics, electrical, and automotive industries,
Slide 13: Fiscal Year Ending March 2026 Key Initiatives: Chemicals and Construction
Fiscal Year Ending March 2026 Key Initiatives Chemicals business (trading business) Strengthening of sales to focus areas • Strengthen proposal-based sales to new customers for products related to in-vehicle parts, such as automotive motors and batteries • Strengthen sales of high heat-resistant,
Slide 14: 3. Implementation of Capital Policy and Capital Expenditure Based on Medium-Term Management Plan 2027
3. Implementation of Capital Policy and Capital Expenditure Based on Medium-Term Management Plan 2027 13
Slide 15: Implementation of Medium-Term Management Plan 2027 Fund Allocation Plan
Implementation of Medium-Term Management Plan 2027 Fund Allocation Plan Capital expenditures and dividends are as planned, and purchase of treasury shares is above the plan Fund allocation plan (FY Mar. 2025-FY Mar. 2027) Implementation (FY Mar. 2025-FY Mar. 2026 2Q) Cash in Cash out Capital expendi
Slide 16: Changes in Capital Expenditures and Depreciation
Changes in Capital Expenditures and Depreciation (Unit: Million yen) 7,761 Capital expenditure 6,984 Depreciation 6,127 Water-based product manufacturing site and Logistics warehouse, Konishi Co., Ltd. Tochigi Plant 3,129 2,667 New logistics warehouse, Wall Bond 2,266 Industry Co., Ltd. 2,112 2,050
Slide 17: Dividends
Dividends Dividend The company’s policy is to pay continuous and stable dividends maintaining a consolidated dividend policy payout ratio of 30% or more, while taking into account the results of each fiscal year. 〇 Dividends for the fiscal year ending March 31, 2026 (per share) • End of 2Q (actual)
Slide 18: Disclaimer and IR Contact
Disclaimer Forecasts and other statements are based on information currently available to the company and certain assumptions that the company considers reasonable. This material is not intended as a solicitation to invest. Investment decisions should be made at the user’s own discretion. <IR Contac