Resonac Holdings Corporation

The Tokyo Stock Exchange on the 7th approved the new listing of Classys Chemical, a wholly-owned subsidiary of Resonac Holdings that handles its petrochemical business, which will be listed on the TSE Standard Market on September 29. Resonac will utilize the 'partial spin-off' tax system, which allows for the separation of a subsidiary with substantial tax exemption if certain conditions are met, and will continue to hold a portion of the shares.

Resonac Holdings announced on the 6th its outlook for consolidated net profit in the fiscal year ending December 2026 to be 112.5 billion yen, 3.8 times the previous year. With the semiconductor and electronic materials business performing well due to the expansion of the AI market, the company raised its forecast from the previous estimate of 77 billion yen, exceeding the average consensus forecast of 97.1 billion yen among 15 analysts. At the same time, it reported consolidated net profit for the January–June 2026 period of 48.4 billion yen, 2.4 times the same period a year earlier. At the earnings briefing, CFO Hideki Someya emphasized that inquiries for AI semiconductor-related materials are strengthening in the second half, and with considerable medium-term growth expected, the company plans to expand production capacity with maximum investment.