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Revision to earnings forecast4360MANAC Chemical Partners Co.,LtdMaterials and Chemicals

Notice of Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2024

The company revised downward its full-year consolidated forecast for the fiscal year ending March 2024, reducing revenue by ¥620 million, changing the operating income forecast from a profit of ¥40 million to a loss of ¥70 million, reducing ordinary income from ¥40 million to ¥10 million, and reducing net income attributable to owners of the parent from ¥60 million to ¥55 million.

Worth reading
78Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-620
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2024 · Full yearPrevious forecast published 2023年11月27日公表
Net Sales10,300→9,680million
-6.0%
Operating profit-40→-70million
-75.0%
Ordinary income40→10million
-75.0%
Profit attributable to owners of the parent60→55million
-8.3%
Net income per share7.51→6.87yen and sen
-8.5%

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

難燃剤事業では国内外の市場環境悪化が継続し、一部プラスチック用難燃剤の需要が大幅に減少した。ファインケミカル事業では電子材料製品市場の低迷に加え、一部の医薬関連製品の需要が減少した。また、連結子会社の異動(株式譲渡)により特別損失約93百万円を計上予定で、政策投資株式の売却による特別利益も計上する。

Details and amount of extraordinary loss

連結子会社の異動(株式譲渡)に伴う特別損失、約93百万円

Previous-period results売上高 11,853百万円、営業利益 991百万円、経常利益 1,179百万円、親会社株主に帰属する当期純利益 821百万円、1株当たり当期純利益 103.26円 銭(2023年3月期)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥10,300 million → ¥9,680 million(-6.0%)
Operating profit¥-40 million → ¥-70 million
Ordinary income¥40 million → ¥10 million(-75.0%)
Profit attributable to owners of the parent¥60 million → ¥55 million(-8.3%)
Net income per share7.51 yen and sen → 6.87 yen and sen
Fiscal Period CoveredFiscal year ending March 2024
Period CoveredFull year
Publication date of previous forecast2023年11月27日公表
Previous-period results売上高 11,853百万円、営業利益 991百万円、経常利益 1,179百万円、親会社株主に帰属する当期純利益 821百万円、1株当たり当期純利益 103.26円 銭(2023年3月期)
Reason for the revision難燃剤事業では国内外の市場環境悪化が継続し、一部プラスチック用難燃剤の需要が大幅に減少した。ファインケミカル事業では電子材料製品市場の低迷に加え、一部の医薬関連製品の需要が減少した。また、連結子会社の異動(株式譲渡)により特別損失約93百万円を計上予定で、政策投資株式の売却による特別利益も計上する。
Details and amount of extraordinary loss連結子会社の異動(株式譲渡)に伴う特別損失、約93百万円
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend 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.

難燃剤事業で国内外の市場環境悪化と一部プラスチック用難燃剤の需要減少が継続し、ファインケミカル事業でも電子材料製品市場の低迷と一部医薬関連製品の需要減少があったため。加えて、連結子会社の異動に伴う特別損失約93百万円を計上予定であり、政策投資株式の売却による特別利益も計上するため。

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 of Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2024 | MANAC Chemical Partners Co.,Ltd (4360) timely disclosure | Komori