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Valve & Piping Systems Divisions
<Thermoplastic Valves, Pipes, Fittings, Engineering Business, etc.>
● We have promoted sales activities that contribute to our customers by developing products that address corrosion issues and enhance the functionality of resin piping materials.
・ Sales of core products such as thermoplastic valves remained flat in Japan as demand for capital investment and plant construction softened, with customers taking a wait-and-see approach in response to U.S. tariffs. Overseas, sales decreased due to the postponement and review of capital investments in the Chinese electronics industry and the delayed recovery of demand in the U.S. As a result, overall sales recorded a year-on-year decrease.
・ Sales arising from the engineering business utilizing thermoplastic piping materials decreased year on year as a reaction to large semiconductor-related projects received in the preceding fiscal year.
<Dymatrix Products for Semiconductor Manufacturing Equipment>
● We continue to develop compact precision valves to meet the increasing sophistication of semiconductor manufacturing processes, contributing to the advancement of semiconductors.
・ Even as the domestic market showed signs of demand cooling, we steadily captured growing demand from local manufacturers in China, resulting in a year-on-year sales growth.
<Profits>
・ In addition to the decline in sales, increases in fixed costs, including labor costs and depreciation, led to a year-on-year decrease in profit.
| Sales |
24.3 billion yen |
-8.7% YoY |
| Operating profit |
4.0 billion yen |
-23.2% YoY |
| Operating profit ratio |
16.3% |
|
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Resin Divisions
<Electronics Materials Products>
● We pursue low-metalization technologies for electronics materials products, contributing to the advancement of semiconductors.
・ In Japan, sales increased year on year, driven by higher demand for photoresist materials used in legacy semiconductors such as sensors and power semiconductors, in addition to increased demand for materials used in subsequent processes.
・ In China, sales increased year on year as demand in the FPD (flat-panel display) sector, including LCD and OLED, remained strong.
・ Construction project has commenced for the Nantong Electronics Materials Second Plant in China, which is scheduled for completion in March 2027.
<Foundry Materials Products>
● In the manufacturing of casting products needed for automobiles, construction machinery, and other applications, we focus on serving our customers by proposing optimal products for various casting processes.
・ In Japan, we promoted the shift to environmentally friendly, high value-added products, which resulted in a year-on-year increase in sales.
・ Overseas, in the Chinese, Indian and Mexican markets, we advanced the shift to high value-added products that met customer needs.
・ As a result, sales increased year on year.
<Foaming Material Products>
● Since these products are finalized through on-site installation, we provide customers with safety and reliability through initiatives to improve construction quality.
・ In on-site foaming insulating materials, construction starts were sluggish. In civil engineering materials for tunnel excavation, shipment volumes decreased due to delays in the scheduled project periods. These resulted in a year-on-year decline in net sales.
<Profits>
・ Although sales increased both in Japan and overseas, profit decreased year on year due to increases in fixed costs, including depreciation and labor costs.
| Sales |
11.5 billion yen |
+4.4% YoY |
| Operating profit |
0.4 billion yen |
-9.6% YoY |
| Operating profit ratio |
3.9% |
|
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Water Treatment & Natural Resources Development Divisions
<Water Treatment Business>
●In addition to the design and construction of water recycling systems that enable effective use of water treatment facilities and water resources, we provide maintenance services that support stable operation of facilities and equipment, as well as environmental chemicals.
・ While some delays were observed in private-sector projects, steady progress in government projects, revisions to contract prices for maintenance services, and the rescheduling of repair works to an earlier date contributed to an overall year-on-year increase in sales.
<Natural Resources Development Business>
● We contribute to the effective use of resources by conducting drilling for geothermal power generation wells and developing hot springs.
・ Geothermal drilling projects generally progressed as planned, but the number of hot spring facility projects decreased and progress was delayed, resulting in a year-on-year decline in sales.
<Profits>
・ Profit decreased year on year due to low-margin projects in the private-sector water treatment business, lower sales and low-margin projects in the resources development business, as well as increases in fixed costs, including labor costs.
| Sales |
4.0 billion yen |
-1.0% YoY |
| Operating profit |
-0.0 billion yen |
-104.0% YoY |
| Operating profit ratio |
- |
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We will continue to focus on the digital transformation of our operations and on developing our human resources to achieve sustainable growth for the ASAHI YUKIZAI Group. We will also strive to create added value.
We sincerely ask our shareholders for their continued support and encouragement, and to continue to have high expectations for the growth of the ASAHI YUKIZAI Group.
October 31, 2025
Kazuya Nakano
President & CEO
ASAHI YUKIZAI CORPORATION
