UNITIKA raised its ordinary profit forecast for the current fiscal year from its previous projection and announced an upward revision. The new ordinary profit forecast is 12,000, a significant improvement from the previous 6,500. The outlook for current-fiscal-year sales and other indicators was also updated.
UNITIKA released its cumulative results for the second quarter as a flash earnings report. Sales were 48,905, operating profit was 7,887, ordinary profit was 7,622 and net profit was 7,457. Although sales declined from the same period of the previous year, each profit figure remained solid. Revised EPS is 129.34.
In its revision to the current fiscal-year earnings forecast, the company raised its previous outlook. The former forecast for the fiscal year ending March 2027, consisting of sales of 84,000, operating profit of 8,000, ordinary profit of 6,500, net profit of 5,000 and revised EPS of 82.18, was raised to a new outlook of sales of 94,000, operating profit of 13,000, ordinary profit of 12,000, net profit of 11,000 and revised EPS of 186.25. Although none of the revised figures is nearly double the previous figure, the increases were substantial, particularly for ordinary profit.
The company also released its forecast for the second half of the current fiscal year, expecting an improvement from the sales forecast of 45,095 and adopting a policy of raising its full-year earnings outlook. The revised second-half figures were presented together with the publication date, and the overall progress rate was stated to be 46.5% based on the assumed progress rate.