Sumitomo BakeliteSumitomo Bakelite Company Limited4203東証プライム化学FY ending Mar 2026, consolidated, IFRS

Sumitomo Bakelite FY ending Mar 2026 results

About 34% of Sumitomo Bakelite's sales come from Quality of life products, with Semiconductor materials and High-performance plastics making up much of the rest.

Out of every ¥100 of sales, about ¥11 is left as operating profit.

Revenue changed +5.0% from the prior year, operating profit +43.1%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +5.0% · profit +43.1%, calculated from disclosed figures.

Operating leverage: 8.70× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +5.0%¥304.8B → ¥319.9B
Gross profit: +7.0%¥93.5B → ¥100.1B
Operating income: +43.1%¥24.8B → ¥35.5B
Net income attributable to owners: +45.3%¥19.3B → ¥28B
Operating cash flow: -19.9%¥43.7B → ¥35B
Free cash flow: -30.3%¥28.1B → ¥19.6B

Results at a glance

Revenue for the year ending March 2026 was ¥319.9B, up 5.0% from ¥304.8B.
Operating income climbed 43.1% from ¥24.8B to ¥35.5B, and net income attributable to owners rose 45.3% to ¥28B.
Cash generation went the other way: operating cash flow fell 19.9% to ¥35B and free cash flow fell 30.3% to ¥19.6B.

What drove the change

Semiconductor materials sold more, helped by strong demand in China and growing AI-related uses for encapsulants and substrate materials
The prior year carried an impairment loss at a North American plastics site and costs for consolidating plants in Japan, so the comparison flatters operating income
A focus on higher-value products, price revisions and lower fixed costs from reorganizing production lifted profit

Things to watch

Tighter export controls or sanctions, for example from US-China trade friction, could halt trade and logistics
Hard-to-source raw materials or price spikes tied to crude oil and other markets could squeeze margins
Many products go into cars, aircraft and medical devices, so a major product accident could bring compensation or recall costs

Amended Annual Securities Report (135th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Amended Annual Securities Report (135th term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Sumitomo Bakelite sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥69
SG&A: ¥20
Operating profit: ¥11
Net profit kept: ¥9

Annual margin trends

Gross margin31.3%

Operating margin11.1%

Net margin8.8%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Quality of life products¥107.2B
34%
Industry: Chemicals
Semiconductor materials¥106.4B
33%
Industry: Semiconductor Materials
High-performance plastics¥105.5B
33%
Industry: Chemicals
Other¥792M
0%

Profit by segment

※ Segments without disclosed profit are drawn entirely as costs

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
訂正有価証券報告書－第135期(2025/04/01－2026/03/31)
ID S100YITP2026-07-13Open
EDINET (FSA Japan)
有価証券報告書－第134期(2024/04/01－2025/03/31)
ID S100VYAM2025-06-20Open
EDINET (FSA Japan)
有価証券報告書－第133期(2023/04/01－2024/03/31)
ID S100TNP62024-06-25Open
EDINET (FSA Japan)
有価証券報告書－第132期(2022/04/01－2023/03/31)
ID S100QZJ52023-06-22Open
EDINET (FSA Japan)
有価証券報告書－第131期(令和3年4月1日－令和4年3月31日)
ID S100OA1I2022-06-23Open
EDINET (FSA Japan)
有価証券報告書－第130期(令和2年4月1日－令和3年3月31日)
ID S100LMI62021-06-24Open

Extracted from XBRL: 44 / Derived from other figures: 1

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