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Revision of earnings forecasts4409TOHO CHEMICAL INDUSTRY COMPANY,LIMITEDMaterials and Chemicals

Notice Regarding Revisions to Earnings Forecasts

The full-year consolidated earnings forecast for the fiscal year ending March 2024 was revised. Revenue is expected to increase only slightly, while operating income, ordinary income and net income attributable to owners of the parent were revised upward. Net income in particular was raised 40.2%, from ¥390 million to ¥546 million.

Worth reading
58In 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
40.2
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

2024 年 3 月期 · Full yearPrevious forecast published 2023 年 11 月6日
Net Sales50,500→50,596million
+0.2%
Operating profit700→771million
+10.2%
Ordinary income600→743million
+23.9%
Profit attributable to owners of the parent390→546million
+40.2%
Net income per share18.55→25.99yen and sen
+40.1%

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

固定費が前回予想対比減少したことから営業利益は前回予想を上回る見通しとなり、加えて為替差益や投資有価証券売却益の発生等により、経常利益および親会社株主に帰属する当期純利益も前回予想を上回る見通しとなった。

Previous-period resultsNet Sales 55,361 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Operating profit 1,384 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Ordinary income 1,179 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Profit attributable to owners of the parent 977 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Net income per share 46.31 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Fiscal Period Covered 2023 年 3 月期
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥50,500 million → ¥50,596 million(+0.2%)
Operating profit¥700 million → ¥771 million(+10.2%)
Ordinary income¥600 million → ¥743 million(+23.9%)
Profit attributable to owners of the parent¥390 million → ¥546 million(+40.2%)
Net income per share18.55 yen and sen → 25.99 yen and sen
Fiscal Period Covered2024 年 3 月期
Period CoveredFull year
Publication date of previous forecast2023 年 11 月6日
Previous-period resultsNet Sales 55,361 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Operating profit 1,384 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Ordinary income 1,179 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Profit attributable to owners of the parent 977 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Net income per share 46.31 売上高・営業利益・経常利益・親会社株主に帰属する当期純利益は百万円、1株当たり当期純利益は円 銭 / Fiscal Period Covered 2023 年 3 月期
Reason for the revision固定費が前回予想対比減少したことから営業利益は前回予想を上回る見通しとなり、加えて為替差益や投資有価証券売却益の発生等により、経常利益および親会社株主に帰属する当期純利益も前回予想を上回る見通しとなった。
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.

固定費が前回予想より減少したため営業利益が上振れする見通しとなった。加えて、為替差益や投資有価証券売却益の発生などにより、経常利益と親会社株主に帰属する当期純利益も上振れする見通しとなった。

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 Regarding Revisions to Earnings Forecasts | TOHO CHEMICAL INDUSTRY COMPANY,LIMITED (4409) timely disclosure | Komori