第一稀元素化学工業 raised its consolidated earnings forecast for the fiscal year ending March 2027. Revenue was increased from ¥37.0 billion to ¥42.5 billion, operating profit from ¥3.0 billion to ¥3.5 billion, and net profit from ¥1.5 billion to ¥2.4 billion, with operating profit now expected to increase.
第一稀元素化学工業 raised its consolidated earnings forecast for the fiscal year ending March 2027. Revenue was increased from ¥37.0 billion to ¥42.5 billion, representing an 18.9% increase from the previous fiscal year, while operating profit was raised from ¥3.0 billion to ¥3.5 billion and net profit from ¥1.5 billion to ¥2.4 billion.
The company said the revision reflects higher sales volumes in the automotive exhaust-gas purification catalyst business, along with sales price revisions in response to rising raw material prices and a change in the assumed exchange rate.
The report attributes the upward revision to demand trends among customers and in the market, and says that the factors outlined above will affect the outlook going forward.