Artience reports Q3 profit drop amid leadership changes, maintains full-year outlook

Artience Co., Ltd. reported consolidated net sales of JPY 258,434 million for the third quarter of fiscal year 2025, a slight decrease of 0.7% from the previous year. Operating profit fell by 5.8% to JPY 14,878 million, and profit attributable to owners of parent declined by 23.4% to JPY 9,665 million. Despite the dip in Q3 performance, the company maintained its full-year forecast, projecting JPY 355,000 million in sales and JPY 15,500 million in profit attributable to owners of parent.

The company also announced significant leadership changes, effective late March 2026. Yoshimoto Nakajima is nominated as a new director overseeing quality assurance, production, environment, sustainability, purchasing, and logistics, while Megumi Tsukamoto is proposed as an outside director. Noriko Kosugi is slated to become a new outside director and audit & supervisory committee member. Tetsuaki Sato and Keiko Kimura are scheduled to retire from their director positions.

Segment-wise, colorants and functional materials experienced a 2.7% decline in sales and a 51.2% drop in operating profit due to weak performance in CNT dispersions and CF materials. However, polymers and coatings, along with packaging materials, saw sales increases of 2.8% and 0.7%, respectively, contributing positively. The company also highlighted that cost reduction efforts and pricing adjustments are expected to continue to support future profitability.