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Revision of earnings forecasts4452Kao CorporationMaterials and Chemicals

Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [IFRS Accounting Standards]

The full-year consolidated earnings forecast for the fiscal year ending December 2026 was revised upward, with net sales raised from ¥1.75 trillion to ¥1.8 trillion, operating profit from ¥182.0 billion to ¥190.0 billion, and profit for the year attributable to owners of the parent from ¥130.0 billion to ¥135.0 billion. The dividend forecast remains unchanged.

Worth reading
53Recurring
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
500
¥100 million (change in net sales)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 12 May 2026
Net Sales17,500→18,000million
+2.9%
Operating profit1,820→1,900million
+4.4%
Profit attributable to owners of the parent1,300→1,350million
+3.8%
Net income per share143.7→149.21
+3.8%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Progress during the interim consolidated accounting period exceeded the plan. Although a slowdown in the global economy associated with heightened tensions in the Middle East and increases in raw material prices and international supply chain costs, among other factors, are expected, the earnings forecast was revised on the basis that their impact would be minimized through the global procurement and production structure, cost reductions, and passing costs through to prices.

Previous-period resultsNet sales: ¥1,688.6 billion; operating profit: ¥163.5 billion; profit before tax: ¥169.9 billion; profit for the year attributable to owners of the parent: ¥120.1 billion; basic earnings per share: ¥130.15
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥17,500 million → ¥18,000 million(+2.9%)
Operating profit¥1,820 million → ¥1,900 million(+4.4%)
Profit attributable to owners of the parent¥1,300 million → ¥1,350 million(+3.8%)
Net income per share¥143.7 → ¥149.21(+3.8%)
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast12 May 2026
Previous-period resultsNet sales: ¥1,688.6 billion; operating profit: ¥163.5 billion; profit before tax: ¥169.9 billion; profit for the year attributable to owners of the parent: ¥120.1 billion; basic earnings per share: ¥130.15
Reason for the revisionProgress during the interim consolidated accounting period exceeded the plan. Although a slowdown in the global economy associated with heightened tensions in the Middle East and increases in raw material prices and international supply chain costs, among other factors, are expected, the earnings forecast was revised on the basis that their impact would be minimized through the global procurement and production structure, cost reductions, and passing costs through to prices.
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDetails 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.

In addition to progress during the interim consolidated accounting period exceeding the plan, the company expects to minimize the impact of a slowdown in the global economy associated with the situation in the Middle East and rising raw material prices and supply chain costs through its global procurement and production structure, cost reductions, and passing costs through to prices.

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.
Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [IFRS Accounting Standards] | Kao Corporation (4452) timely disclosure | Komori