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Revision of earnings forecasts4626TAIYO HOLDINGS CO.,LTD.Materials and Chemicals

Notice Regarding Revisions to First-Half and Full-Year Earnings Forecasts for the Fiscal Year Ending March 2027

The forecasts for net sales, operating profit, ordinary profit, and net income attributable to owners of the parent for both the cumulative second quarter and full year of the fiscal year ending March 2027 have been revised upward. For both periods, the ¥2,900 million increase in ordinary profit is the largest revision.

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Direction
Improvement
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Scale
2900
¥ million
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Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (cumulative) and full yearPrevious forecast published 30 April 2026
Net SalesSecond quarter (cumulative)73,100→75,900million
+3.8%
Net SalesFull year146,300→149,100million
+1.9%
Operating profitSecond quarter (cumulative)16,800→18,900million
+12.5%
Operating profitFull year34,300→36,400million
+6.1%
Ordinary incomeSecond quarter (cumulative)16,300→19,200million
+17.8%
Ordinary incomeFull year33,400→36,300million
+8.7%
Profit attributable to owners of the parentSecond quarter (cumulative)11,800→13,100million
+11.0%
Profit attributable to owners of the parentFull year24,100→25,400million
+5.4%
Net income per shareSecond quarter (cumulative)106.11→117.73yen
+11.0%
Net income per shareFull year216.72→228.26yen
+5.3%

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 Electronics business exceeded its forecast in the first quarter because the yen depreciated more than expected against foreign currencies and demand for products for China using materials for rigid circuit boards exceeded expectations. Based on the first-quarter results, the forecast for the Electronics business for the first quarter was replaced with the actual results, and the forecasts were revised to reflect the recognition of special employee benefit expenses as an extraordinary loss.

Details and amount of extraordinary loss

Details Special employee benefit expenses / Amount Not disclosed / Category Extraordinary losses

Previous-period resultsSecond quarter (cumulative) Net Sales ¥67,830 million / Operating profit ¥15,187 million / Ordinary income ¥15,078 million / Interim net income attributable to owners of the parent ¥11,022 million / Interim net income per share ¥99.18 / Full year Net Sales ¥137,851 million / Operating profit ¥32,529 million / Ordinary income ¥32,244 million / Profit attributable to owners of the parent ¥24,011 million / Net income per share ¥215.92
Dividend forecast revisionNo revision. There is no change from the information announced on 30 April 2026.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (cumulative) 73,100 / Full year 146,300 → Second quarter (cumulative) 75,900 / Full year 149,100(Second quarter (cumulative) 3.8% / Full year 1.9%)
Operating profitSecond quarter (cumulative) 16,800 / Full year 34,300 → Second quarter (cumulative) 18,900 / Full year 36,400(Second quarter (cumulative) 12.5% / Full year 6.1%)
Ordinary incomeSecond quarter (cumulative) 16,300 / Full year 33,400 → Second quarter (cumulative) 19,200 / Full year 36,300(Second quarter (cumulative) 17.8% / Full year 8.7%)
Profit attributable to owners of the parentSecond quarter (cumulative) 11,800 / Full year 24,100 → Second quarter (cumulative) 13,100 / Full year 25,400(Second quarter (cumulative) 11.0% / Full year 5.4%)
Net income per shareSecond quarter (cumulative) 106.11 / Full year 216.72 → Second quarter (cumulative) 117.73 / Full year 228.26
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (cumulative) and full year
Publication date of previous forecast30 April 2026
Previous-period resultsSecond quarter (cumulative) Net Sales ¥67,830 million / Operating profit ¥15,187 million / Ordinary income ¥15,078 million / Interim net income attributable to owners of the parent ¥11,022 million / Interim net income per share ¥99.18 / Full year Net Sales ¥137,851 million / Operating profit ¥32,529 million / Ordinary income ¥32,244 million / Profit attributable to owners of the parent ¥24,011 million / Net income per share ¥215.92
Reason for the revisionThe Electronics business exceeded its forecast in the first quarter because the yen depreciated more than expected against foreign currencies and demand for products for China using materials for rigid circuit boards exceeded expectations. Based on the first-quarter results, the forecast for the Electronics business for the first quarter was replaced with the actual results, and the forecasts were revised to reflect the recognition of special employee benefit expenses as an extraordinary loss.
Details and amount of extraordinary lossDetails Special employee benefit expenses / Amount Not disclosed / Category Extraordinary losses
Dividend forecast revisionNo revision. There is no change from the information announced on 30 April 2026.
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Electronics business exceeded its forecast in the first quarter because the yen depreciated more than expected against foreign currencies and demand for products for China using materials for rigid circuit boards exceeded expectations. The forecasts were also revised to reflect the recognition of special employee benefit expenses as an extraordinary loss in the first quarter.

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Notice Regarding Revisions to First-Half and Full-Year Earnings Forecasts for the Fiscal Year Ending March 2027 | TAIYO HOLDINGS CO.,LTD. (4626) timely disclosure | Komori