Sekisui Chemical announced its consolidated earnings forecast for the fiscal year ending March 2027. Operating profit is projected to rise 16% year on year to ¥123 billion, while revenue has been revised upward to ¥1.491 trillion. The company expects to pass on higher raw material costs amid escalating tensions in the Middle East.
Sekisui Chemical released its consolidated earnings forecast for the fiscal year ending March 2027, setting operating profit at ¥123 billion, up 16% year on year. Revenue is expected to reach ¥1.491 trillion, ¥82.6 billion above the previous forecast. Net profit is unchanged. The company expects an annual dividend of ¥82, an increase of ¥1 from its previous plan.
The perovskite solar cells produced and sold by the company were delivered to a total of 8 sites, mainly public facilities, between April and September. Executive Vice President Nishida Tatsuya (西田達矢) said the company expects full-year revenue of slightly less than ¥1 billion.
Mass production at the 100 kW-class scale is scheduled to begin at the Sakai plant in Osaka from April 2027, with product deliveries scheduled to start in the first half. The company will offer 3 products tailored to installation locations and construction costs.
For the six months from April to September 2027, consolidated revenue rose 11% year on year to ¥701.7 billion, while net profit rose 10% to ¥34.7 billion. The pass-through of higher raw material costs progressed, and demand for components used in advanced semiconductors remained firm.