Kansai Paint upgraded its full-year net profit forecast for the current fiscal year to ¥39.0 billion. Although first-half results had been expected to decline, the company indicated that it expects a recovery in the second half.
Kansai Paint announced its financial results after the close on 6 November and upgraded its full-year net profit forecast for the fiscal year ending March 2027 to ¥39.0 billion from the previous forecast of ¥28.0 billion. This implies 23.3% growth from the previous fiscal year’s actual result of ¥31.6 billion. First-half results, meanwhile, had declined.
Based on recent first-half results and the second-half plan, second-half consolidated net profit is expected to increase 99.1% year on year to ¥30.7 billion. Net profit for July–September was ¥1.75 billion, down 77.2% year on year, while the gross profit margin on sales deteriorated from 8.4% to 6.6%.
The revision to the current fiscal-year earnings forecast reflects an upward contribution from the full-year plan. For April–September 2026, revenue was ¥323,122 million, operating profit was ¥21,422 million, ordinary profit was ¥23,086 million and net profit was ¥8,238 million.
For the second-half outlook, earnings per share is projected at ¥46.8, with a revised dividend of ¥58, and may fluctuate depending on future progress and market conditions.