Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The interim period exceeded forecasts due to firm sales of Chemical Materials, Trading & Logistics, and Eco Solutions, an exchange rate that was weaker than expected, and an increase in equity in earnings of affiliates, among other factors. The full-year forecast was revised upward because sales of Chemical Materials and Trading & Logistics are expected to remain firm and the assumed exchange rate was revised to reflect a weaker yen.
| Item | Details |
|---|---|
| Net Sales | Interim period 68,000 / Full year 152,200 → Interim period 69,909 (actual) / Full year 160,000（Interim period 2.8% / Full year 5.1%） |
| Operating profit | Interim period 5,900 / Full year 14,200 → Interim period 7,828 (actual) / Full year 16,300（Interim period 32.7% / Full year 14.8%） |
| Ordinary income | Interim period 7,500 / Full year 19,000 → Interim period 10,978 (actual) / Full year 21,700（Interim period 46.4% / Full year 14.2%） |
| Profit attributable to owners of the parent | Interim period 4,800 / Full year 15,800 → Interim period 6,873 (actual) / Full year 17,300（Interim period 43.2% / Full year 9.5%） |
| Net income per share | Interim period 89.55 / Full year 294.77 → Interim period 128.33 (actual) / Full year 323.01 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Interim period (interim period of the fiscal year ending March 2026): net sales ¥67,069 million, operating income ¥7,053 million, ordinary income ¥9,742 million, interim net income attributable to owners of the parent ¥6,793 million, interim basic earnings per share ¥124.10. Full year (fiscal year ending March 2026): net sales ¥152,091 million, operating income ¥14,970 million, ordinary income ¥22,990 million, net income attributable to owners of the parent ¥18,271 million, basic earnings per share ¥336.54. |
| Reason for the revision | The interim period exceeded forecasts due to firm sales of Chemical Materials, Trading & Logistics, and Eco Solutions, an exchange rate that was weaker than expected, and an increase in equity in earnings of affiliates, among other factors. The full-year forecast was revised upward because sales of Chemical Materials and Trading & Logistics are expected to remain firm and the assumed exchange rate was revised to reflect a weaker yen. |
| Dividend forecast revision | The interim dividend was increased by ¥5 per share from ¥80 to ¥85, and the year-end dividend forecast was increased by ¥5 per share from ¥80 to ¥85. The annual dividend forecast was increased from ¥160 to ¥170. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Profit for the interim period exceeded forecasts due to firm sales of Chemical Materials, Trading & Logistics, and Eco Solutions, a weaker-than-expected yen, and an increase in equity in earnings of affiliates, among other factors. For the full year, forecasts were revised upward because sales of Chemical Materials and Trading & Logistics are expected to remain firm and the assumed exchange rate was revised to reflect a weaker yen. The dividend was increased based on the progressive dividend policy and the policy of returning at least 50% of total payout ratio to shareholders, as well as expectations that business performance will remain firm.