Unitika indicated at its daily price limit after substantially raising its forecast for the fiscal year ending March 2027

Unitika, listed on the TSE Standard market, saw its share price surge from the latter half of the morning session, with buying taking it close to the upper limit of the day's price range. A substantial upward revision to its results forecast for the six months ended September 2026 and the full fiscal year ending March 2027, announced at around 11:00, served as a catalyst. The share price had risen to ¥1,353 as of 13:23, with the stock indicated at its daily price limit.

The full-year revenue forecast was raised from ¥84 billion to ¥94 billion. Although a year-on-year decline in profit is still expected, net income was raised from ¥5 billion to ¥11 billion. The results, covering the cumulative period from April to September 2026, were reportedly strong, and the plan after the increase exceeded the previous assumptions.

Sales of core film and resin products increased, particularly high-performance products, and the expansion of the AI-related semiconductor market has also provided a tailwind. Products such as ultra-thin low-thermal-expansion glass cloth and ultra-thin E-glass cloth also performed well. Although the absence of the gain on the sale of fixed assets recognized as an extraordinary gain in the previous fiscal year will have an impact, profitability in the core business is improving as a result of withdrawing from unprofitable businesses.

The company is consolidating its unprofitable businesses, including textiles, while concentrating management resources on its polymers and functional materials businesses. The upward revision for the current fiscal year is viewed as the result of these improvements. The results announcement was based on a report by StockVoice, with interview cooperation.

The current price of the stock featured in the article was ¥1,353.0 as of 10 November at 15:30, up ¥300.0 from the previous day.