Teijin booked a profit attributable to owners of ¥52.5bn for April to September 2026, against a ¥54.8bn loss a year earlier. Most of the swing sits in one-off items.
The disposal gain
Teijin's interim results report a ¥45.5bn gain on the sale of shares in DuPont Teijin Advanced Papers and DuPont Teijin Advanced Papers (Asia) Limited. The same line was an ¥11.1bn loss a year earlier. Impairment losses fell to ¥2.1bn from ¥52.2bn. Teijin's results presentation says the transfer of the aramid paper business was completed in April 2026.
What operations did
Business profit, which Teijin calculates excluding non-recurring gains and losses, was ¥30.8bn, up 136.4% from ¥13.0bn. Revenue fell 2.5% to ¥439.6bn. Operating profit was ¥70.8bn against a ¥54.1bn loss. The presentation says every segment improved on the year, with Specialty Materials moving to a ¥5.8bn business profit from a ¥6.2bn loss. It attributes the revenue decline partly to the sale of the composite materials North America business.
The retirement charge
Special retirement costs were ¥10.6bn in the half, up from ¥2.3bn, mainly for the early retirement scheme and restructuring. In a separate notice, Teijin said it booked ¥7bn in July to September under its Next Career support programme, an early retirement scheme, as part of cross-company cost cutting under the medium-term plan published on 11 May 2026. The charge was already in the full-year forecast issued on 4 August, so it creates no gap against the outlook. The notice gives no headcount.
Teijin raised its full-year forecasts: business profit of ¥40bn, up from ¥30bn, and profit attributable to owners of ¥50bn, up from ¥45bn. The annual dividend plan is unchanged at ¥50 a share.