artience Co., Ltd.
4634・Prime Market・Chemicals
Colorants & Functional Materials Business
Group strategic priority segment encompassing pigments, battery materials, and display materials
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Q1 FY2026, ending December 2026) | ¥19,289 million | ¥19,267 million (Q1 FY2025, ended December 2025) | ↑ |
| Operating Income (Q1 FY2026, ending December 2026) | ¥628 million | ¥495 million (Q1 FY2025, ended December 2025) | ↑ |
| Operating Margin (Q1 FY2026, ending December 2026) | 3.3% | 2.6% (Q1 FY2025, ended December 2025) | ↑ |
| Net Sales (Full Year FY2025, ended December 2025) | ¥84,304 million | — | — |
| Operating Income (Full Year FY2025, ended December 2025) | ¥2,254 million | — | — |
| Operating Margin (Full Year FY2025, ended December 2025) | 2.7% | — | — |
Business Details
Manufactures and sells organic pigments, processed pigments, Colorants for Plastics, Materials for LCD Color Filters, Inkjet Materials, Lithium-ion Battery Materials, and other products. Domestically, Toyo Color and Toyo Visual Solutions are key subsidiaries, while overseas, LioChem (North America and Hungary), Toyo Ink Advanced Technology Taiwan, and Zhuhai Toyo Colorants Co., Ltd. are among the main subsidiaries. The Display & Advanced Electronics field and the Mobility & Battery field are positioned as the two strategic priority business areas.
Recent Overview
In Q1 FY2026, net sales increased slightly while operating income rose 26.9% year-on-year, reflecting improved profitability
In Q1 FY2026 (ending December 2026), net sales were ¥19,289 million (up 0.9% year-on-year) and operating income was ¥628 million (up 26.9% year-on-year), representing an increase in both revenue and profit. Materials for LCD Color Filters performed well for large panels in China, and Optical Semiconductor Materials were strong due to expanding customer adoption. On the other hand, Lithium-ion Battery Materials for automotive applications saw increased shipments in Europe but did not cover costs, Inkjet Materials were weak due to domestic inventory adjustments, and overseas Colorants for Plastics (for solar cell and automotive applications) also remained weak.
Key Products
Growth Drivers
- Increased demand for Optical Semiconductor Materials (for CMOS Image Sensors) due to expanding customer adoption
- Solid performance of Materials for LCD Color Filters for large panels in China, supported by event-related demand and subsidy policy effects
- Continued increase in shipment volumes in Europe and ongoing customer development and next-generation product development for automotive Lithium-ion Battery Materials
- Improved profit and loss for domestic Colorants for Plastics due to commercialization of products under development and price revision effects
- Diversification of revenue opportunities through expanded product lineup including conductive additives for anodes and LFMP applications and ESS applications
Risks
- Risk of difficulty recovering costs for automotive Lithium-ion Battery Materials due to continued slowdown in EV market growth
- Risk of additional impairment and fixed cost burden due to delayed start-up of the new plant in Kentucky, USA
- Risk of decreased sales to Taiwan and domestic markets due to accelerating shift of the LCD market to China
- Risk of prolonged domestic customer inventory adjustments and intensifying competition in Inkjet Materials
- Risk of continued weak market conditions for overseas Colorants for Plastics (for solar cell and automotive applications)
- Risk of deteriorating procurement environment and rising prices for petroleum-derived raw materials due to instability in the Middle East
Last updated: March 19, 2026