NIPPON CARBIDE INDUSTRIES CO.,INC.
4064・Prime Market・Chemicals
Electronics & Functional Products
Nippon Carbide Industries' core segment covering Functional Chemicals, Functional Resins, and Electronic Materials
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment net sales (full year, FY2026 ending March 2026) | ¥16,837 million | ¥17,414 million (full year, FY2025 ended March 2025) | ↓ |
| Segment profit (full year, FY2026 ending March 2026) | ¥1,479 million | ¥936 million (full year, FY2025 ended March 2025) | ↑ |
| Depreciation and amortization (full year, FY2026 ending March 2026) | ¥732 million | ¥713 million (full year, FY2025 ended March 2025) | ↑ |
| Increase in property, plant and equipment and intangible assets (full year, FY2026 ending March 2026) | ¥472 million | ¥501 million (full year, FY2025 ended March 2025) | ↓ |
Business Details
This segment manufactures and sells Functional Chemicals such as fine chemical products, pharmaceutical active ingredients, and pharmaceutical/agrochemical intermediates; Functional Resins such as adhesives; and Electronic Materials such as mold cleaning materials for semiconductors and ceramic substrates. It provides high-value-added products for a wide range of industries including semiconductors, electronic components, pharmaceuticals, and agrochemicals. The segment is also promoting expanded sales in the Chinese market, and accounts for approximately 30% of the group's consolidated net sales, making it the mainstay segment.
Recent Overview
Net sales decreased year on year, but profit rose sharply by 58%, marking a significant improvement in profitability
In the Electronics & Functional Products segment for FY2026 (ending March 2026), net sales decreased by ¥577 million (3.3%) year on year to ¥16,837 million, while segment profit increased significantly by ¥543 million (58.0%) year on year to ¥1,479 million. Functional Chemicals benefited from increased shipments for pharmaceuticals and agrochemicals and the effects of price revisions, while Electronic Materials benefited from increased demand for electronic components as well as price revision and foreign exchange effects. Functional Resins saw lower sales and profit due to intensifying competition in optical-related applications in China, but overall segment profitability improved markedly.
Key Products
Growth Drivers
- Increased shipments of semiconductor-related products amid a gradual recovery in electronics market conditions
- Expanded shipments of Functional Chemicals for pharmaceuticals and agrochemicals
- Improved profitability through product price revisions (Functional Chemicals and Electronic Materials)
- Expanded sales of Functional Resins for pharmaceuticals in the Chinese market
- Improved earnings in Electronic Materials due to foreign exchange effects (yen depreciation)
- Strategy under the new medium-term management plan to expand sales of high-value-added products, centered on chemicals for semiconductor materials
Risks
- Decreased shipments of adhesives for optical-related applications due to intensifying competition in the Chinese market
- Risk of fluctuations in electronics market conditions (uncertainty in demand for semiconductors and electronic components)
- Cost pressure from raw material and fuel prices remaining elevated
- Impact on the supply chain from geopolitical risks such as additional US tariff measures
- Deterioration of the sales environment for China due to weak domestic demand amid a sluggish Chinese real estate market, among other factors
Last updated: June 25, 2026