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Osaka Organic Chemical shows resilient movement on strong ArF resist sales; Q1 operating profit up 34%
Osaka Organic Chemical Industry Ltd. <4187> bucked the market's downward trend as strong demand for AI-related semiconductor materials drove a first-quarter earnings surge. Following its April 10 earnings release, the company reported sales of 9,072 million yen (up 6.5%) and a 34.2% jump in operating profit to 1,832 million yen. Net profit climbed 24.2% to 1,285 million yen.
The electronic materials business acted as the primary growth engine, with core ArF resist and next-generation EUV resist materials seeing robust demand for generative AI semiconductors. This strength offset weakness in the chemical products segment, which struggled with slow automotive coating sales and production adjustments in the display sector.
Osaka Organic Chemical kept its full-year outlook for the fiscal year ending November 2026 unchanged. It expects sales of 37.5 billion yen and operating profit of 6.4 billion yen, both up 3.4% year-on-year, though net profit is forecast to slide 34.7% to 4.5 billion yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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