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Revisions to earnings forecasts3941Rengo Co.,Ltd.Materials and Chemicals

Notice Regarding Revisions to Earnings Forecasts

The consolidated earnings forecasts for the second quarter (interim period) of the fiscal year ending March 2027 have been revised upward for net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent. The full-year consolidated earnings forecasts remain unchanged from the previous forecasts.

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Improvement
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42.8
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Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period)Previous forecast published 14 May 2026
Net Sales545,000→554,141million
+1.7%
Operating profit25,000→33,369million
+33.5%
Ordinary income24,000→34,269million
+42.8%
Profit attributable to owners of the parent17,000→20,850million
+22.6%
Net income per share68.98→85.65Yen/sen
+24.2%

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

Interim results are expected to exceed the previous forecasts due to price revisions in the Flexible Packaging Business and front-loaded demand to secure packaging materials resulting from heightened tensions in the Middle East. The full-year forecasts will remain unchanged from the previous forecasts due to higher prices for raw materials and other supplies, including recovered paper and pulp, and the prolonged downturn in the automotive industry in Europe.

Previous-period resultsNet sales: ¥497,220 million; operating profit: ¥19,974 million; ordinary profit: ¥20,037 million; interim net income attributable to owners of the parent: ¥11,033 million; interim earnings per share: ¥44.50 (second quarter of the fiscal year ending March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥545,000 million → ¥554,141 million(+1.7%)
Operating profit¥25,000 million → ¥33,369 million(+33.5%)
Ordinary income¥24,000 million → ¥34,269 million(+42.8%)
Profit attributable to owners of the parent¥17,000 million → ¥20,850 million(+22.6%)
Net income per share68.98 Yen/sen → 85.65 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period)
Publication date of previous forecast14 May 2026
Previous-period resultsNet sales: ¥497,220 million; operating profit: ¥19,974 million; ordinary profit: ¥20,037 million; interim net income attributable to owners of the parent: ¥11,033 million; interim earnings per share: ¥44.50 (second quarter of the fiscal year ending March 2026)
Reason for the revisionInterim results are expected to exceed the previous forecasts due to price revisions in the Flexible Packaging Business and front-loaded demand to secure packaging materials resulting from heightened tensions in the Middle East. The full-year forecasts will remain unchanged from the previous forecasts due to higher prices for raw materials and other supplies, including recovered paper and pulp, and the prolonged downturn in the automotive industry in Europe.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Interim results are expected to exceed the previous forecasts due to price revisions in the Flexible Packaging Business and front-loaded demand to secure packaging materials following heightened tensions in the Middle East. The business environment for the second half remains uncertain due to higher prices for raw materials and other supplies, including recovered paper and pulp, as well as the prolonged downturn in Europe's automotive industry, so the full-year forecasts remain unchanged.

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Notice Regarding Revisions to Earnings Forecasts | Rengo Co.,Ltd. (3941) timely disclosure | Komori