Unitika announced that it expects consolidated net income of ¥11 billion for the fiscal year ending March 2027. Although net income is expected to decline year on year, the company raised its previous forecast by ¥6 billion.
Unitika expects consolidated net income of ¥11 billion for the fiscal year ending March 2027. Revenue is projected at ¥94 billion and operating profit at ¥13 billion, both raised from the previous forecasts. Net income is expected to decline 39% year on year, but the company said that lower restructuring costs and sales of high-value-added products are expected to contribute.
The company expects sales of high-value-added glass fiber for electronic materials and films for AI servers to expand, and said price revisions will also boost profit. It expects the increase in raw material costs to be absorbed through these sales and price revisions.