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Revision to earnings forecast7917ZACROS CorporationMaterials and Chemicals

FY2027 Second Quarter (Interim Period) Financial Results Summary [Japanese GAAP] (Consolidated)

The full-year consolidated earnings forecast for the fiscal year ending March 2027 was revised. Revenue was reduced by ¥7 billion, while operating profit, ordinary profit, and net income attributable to owners of the parent were increased. The second-quarter-end and year-end dividends were also each increased by ¥2 per share.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-7000
¥ million (change in net sales)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 6 August 2026
Net Sales176,000→169,000million
-4.0%
Operating profit11,200→12,500million
+11.6%
Ordinary income11,500→12,600million
+9.6%
Profit attributable to owners of the parent6,500→7,100million
+9.2%
Net income per share90.79→99.13yen and sen
+9.2%

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

Although raw material prices and energy costs have risen substantially, the increase is expected to be more gradual than initially anticipated, while the extent of price pass-through is also expected to be more limited than assumed. Consequently, revenue is expected to fall below the previous forecast. Profit is expected to exceed the previous forecast, supported by revenue growth centered on electronic components in the Information and Electronics business, improved production efficiency, and profit-enhancement measures including price pass-through.

Details and amount of extraordinary loss

Loss on disposal of property, plant and equipment: ¥29 million; removal costs for property, plant and equipment: ¥126 million; total extraordinary losses: ¥156 million.

Previous-period resultsRevenue: ¥158,535 million; operating profit: ¥11,054 million; ordinary profit: ¥12,303 million; net income attributable to owners of the parent: ¥7,707 million; basic earnings per share: ¥106.14
Dividend forecast revisionThe second-quarter-end dividend was increased by ¥2 from ¥18 to ¥20 per share, and the year-end dividend was likewise increased from ¥18 to ¥20. The annual dividend forecast is ¥40.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥176,000 million → ¥169,000 million(-4.0%)
Operating profit¥11,200 million → ¥12,500 million(+11.6%)
Ordinary income¥11,500 million → ¥12,600 million(+9.6%)
Profit attributable to owners of the parent¥6,500 million → ¥7,100 million(+9.2%)
Net income per share90.79 yen and sen → 99.13 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast6 August 2026
Previous-period resultsRevenue: ¥158,535 million; operating profit: ¥11,054 million; ordinary profit: ¥12,303 million; net income attributable to owners of the parent: ¥7,707 million; basic earnings per share: ¥106.14
Reason for the revisionAlthough raw material prices and energy costs have risen substantially, the increase is expected to be more gradual than initially anticipated, while the extent of price pass-through is also expected to be more limited than assumed. Consequently, revenue is expected to fall below the previous forecast. Profit is expected to exceed the previous forecast, supported by revenue growth centered on electronic components in the Information and Electronics business, improved production efficiency, and profit-enhancement measures including price pass-through.
Details and amount of extraordinary lossLoss on disposal of property, plant and equipment: ¥29 million; removal costs for property, plant and equipment: ¥126 million; total extraordinary losses: ¥156 million.
Dividend forecast revisionThe second-quarter-end dividend was increased by ¥2 from ¥18 to ¥20 per share, and the year-end dividend was likewise increased from ¥18 to ¥20. The annual dividend forecast is ¥40.
Consolidated / non-consolidatedConsolidated

The reasons the company gives

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

The increase in raw material prices and energy costs expected against the backdrop of the situation in the Middle East is expected to be more gradual than assumed, while the extent of price pass-through is also expected to be limited, resulting in revenue falling below the forecast. Profit, however, is expected to exceed the forecast, supported by the revenue growth effect from electronic components in the Information and Electronics business, improved production efficiency, and price pass-through.

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.
FY2027 Second Quarter (Interim Period) Financial Results Summary [Japanese GAAP] (Consolidated) | ZACROS Corporation (7917) timely disclosure | Komori