東リ, a manufacturer of interior materials, has revised upward its earnings forecast for the fiscal year ending March 2027. The cumulative first-half operating profit forecast has been raised from ¥700 million to ¥1.9 billion, while the full-year forecast has been revised from ¥4.1 billion to ¥5.7 billion. The annual dividend forecast is also expected to be increased to ¥36.
東リ announced an upward revision to its earnings forecast for the fiscal year ending March 2027 at 14:00 on the 28th. The company said that a review of selling prices and the in-house production of raw materials contributed to the revision.
The consolidated operating profit forecast for the cumulative first half was revised upward from ¥700 million to ¥1.9 billion. The full-year consolidated operating profit forecast was also raised from ¥4.1 billion to ¥5.7 billion. In addition, the annual dividend forecast is expected to be increased to ¥36.
The company explained that revisions to selling prices and the strengthening of its production structure contributed to higher profit amid continued surges in raw material prices and worsening procurement conditions.