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Revision of earnings forecasts3401TEIJIN LIMITEDMaterials and Chemicals

Notice Regarding Revisions to Full-Year Earnings Forecast

For the consolidated earnings forecast for the fiscal year ending March 2026, revenue and business profit remain unchanged, while operating profit and profit for the year attributable to owners of the parent have been revised downward to forecasts showing substantial losses. Earnings per share are also expected to show a wider loss, while the dividend forecast remains unchanged.

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Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 4 February 2026
Net Sales860,000→860,000million
0.0%
Operating profit5,000→—million
—
Profit attributable to owners of the parent—→—million
—
Net income per share—→—yen and sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Completion of the transfer of shares in 2 equity-method affiliates is expected to be delayed until the fiscal year ending March 2027; the likelihood of recognizing impairment losses on diabetes treatment product marketing rights and other assets has increased as the pharmaceutical business is being streamlined; and the likelihood of partially reversing deferred tax assets has increased.

Details and amount of extraordinary loss

The likelihood of recognizing impairment losses on diabetes treatment product marketing rights and other assets has increased, but the amount was not disclosed. The likelihood of partially reversing deferred tax assets has also increased, but the amount was not disclosed.

Previous-period resultsRevenue 1,005,471 million yen / Business profit 27,594 million yen / Operating profit -71,828 million yen / Profit for the period attributable to owners of the parent 28,347 million yen / Basic earnings per share 147.15 yen and sen
Dividend forecast revisionNo revision. For the fiscal year ending March 2026, a dividend of ¥50 per share is planned, including an interim dividend of ¥25.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥860,000 million → ¥860,000 million
Operating profit¥5,000 million → △75,000~△85,000
Profit attributable to owners of the parent△10,000 → △85,000~△95,000
Net income per share△51.85 → △440.76~△492.62
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast4 February 2026
Previous-period resultsRevenue 1,005,471 million yen / Business profit 27,594 million yen / Operating profit -71,828 million yen / Profit for the period attributable to owners of the parent 28,347 million yen / Basic earnings per share 147.15 yen and sen
Reason for the revisionCompletion of the transfer of shares in 2 equity-method affiliates is expected to be delayed until the fiscal year ending March 2027; the likelihood of recognizing impairment losses on diabetes treatment product marketing rights and other assets has increased as the pharmaceutical business is being streamlined; and the likelihood of partially reversing deferred tax assets has increased.
Details and amount of extraordinary lossThe likelihood of recognizing impairment losses on diabetes treatment product marketing rights and other assets has increased, but the amount was not disclosed. The likelihood of partially reversing deferred tax assets has also increased, but the amount was not disclosed.
Dividend forecast revisionNo revision. For the fiscal year ending March 2026, a dividend of ¥50 per share is planned, including an interim dividend of ¥25.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Ordinary income

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Completion of the transfer of shares in 2 equity-method affiliates is expected to be delayed until the fiscal year ending March 2027; the likelihood of recognizing impairment losses on diabetes treatment product marketing rights and other assets has increased as the pharmaceutical business is being streamlined; and the likelihood of partially reversing deferred tax assets has also increased.

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Notice Regarding Revisions to Full-Year Earnings Forecast | TEIJIN LIMITED (3401) timely disclosure | Komori