H1 FY2026/2 Results Review: In H1 FY2026/2, MORESCO CORPORATION (hereinafter, the Company) recorded net sales of JPY 16,865 mn (-1.4% YoY), due to lower automobile production and weaker demand for hot melt adhesives.
However, operating profit rose significantly to JPY 949 mn (+41.5% YoY), supported by the expansion of high-value-added products and tighter control of SG&A expenses.
The Special lubricants segment achieved higher sales driven by strong performance in cutting fluids and hard disk (HD) surface lubricants, while die casting lubricants declined. Sales in the Hot melt adhesives segment fell 8.1% YoY, whereas the liquid paraffins and sulfonates segment rose 6.1% YoY.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.