Komori
Revision to earnings forecast4119Nippon Pigment Holdings Company LimitedMaterials and Chemicals

Notice Concerning the Variance Between the Second-Quarter (Interim) Consolidated Earnings Forecast and Actual Results, Revisions to the Full-Year Consolidated Earnings Forecast and Dividend Forecast

Second-quarter (interim) sales and profit both exceeded the previous forecast. Based on this, the company revised upward its full-year sales and profit forecasts and raised its year-end dividend forecast from ¥100 to ¥180 per share.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
38.5
% (change in full-year net income attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full year and cumulative second-quarter (interim) periodPrevious forecast published 14 May 2026
Net Sales43,500→44,500million
+2.3%
Operating profit1,700→2,300million
+35.3%
Ordinary income1,900→2,600million
+36.8%
Profit attributable to owners of the parent1,300→1,800million
+38.5%
Net income per share828.26→1,146.96Yen/sen
+38.5%

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

The interim period exceeded forecasts due to a temporary increase in demand resulting from inventory build-up and front-loaded procurement by certain customers, price revisions, cost reductions, robust orders for automobiles and home appliances in Southeast Asia, and solid sales to companies in China. For the full year, results are expected to exceed the previous forecast because customer demand has remained solid and the effects of price revisions are becoming established.

Previous-period resultsActual results for the fiscal year ending March 2026: net sales ¥42,224 million, operating profit ¥1,509 million, ordinary profit ¥1,797 million, net income attributable to owners of the parent ¥1,159 million, and basic earnings per share ¥738.43
Dividend forecast revisionThe year-end dividend was increased from the previous forecast of ¥100.00 per share to ¥180.00, bringing the total dividend from ¥100.00 to ¥180.00. This represents an increase of ¥80 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥43,500 million → ¥44,500 million(+2.3%)
Operating profit¥1,700 million → ¥2,300 million(+35.3%)
Ordinary income¥1,900 million → ¥2,600 million(+36.8%)
Profit attributable to owners of the parent¥1,300 million → ¥1,800 million(+38.5%)
Net income per share828.26 Yen/sen → 1,146.96 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year and cumulative second-quarter (interim) period
Publication date of previous forecast14 May 2026
Previous-period resultsActual results for the fiscal year ending March 2026: net sales ¥42,224 million, operating profit ¥1,509 million, ordinary profit ¥1,797 million, net income attributable to owners of the parent ¥1,159 million, and basic earnings per share ¥738.43
Reason for the revisionThe interim period exceeded forecasts due to a temporary increase in demand resulting from inventory build-up and front-loaded procurement by certain customers, price revisions, cost reductions, robust orders for automobiles and home appliances in Southeast Asia, and solid sales to companies in China. For the full year, results are expected to exceed the previous forecast because customer demand has remained solid and the effects of price revisions are becoming established.
Dividend forecast revisionThe year-end dividend was increased from the previous forecast of ¥100.00 per share to ¥180.00, bringing the total dividend from ¥100.00 to ¥180.00. This represents an increase of ¥80 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

The interim period exceeded forecasts due to a temporary increase in demand resulting from inventory build-up and front-loaded procurement by certain customers in response to the situation in the Middle East, price revisions, cost reductions, robust orders for automobiles and home appliances in Southeast Asia, and solid sales to companies in China. For the full year, the company expects results to exceed its previous forecast because customer demand has remained solid and the effects of price revisions are becoming established.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Variance Between the Second-Quarter (Interim) Consolidated Earnings Forecast and Actual Results, Revisions to the Full-Year Consolidated Earnings Forecast and Dividend Forecast | Nippon Pigment Holdings Company Limited (4119) timely disclosure | Komori