Daicel Corporation Revises Earnings Forecast — Net Profit Down 80%

Daicel Corporation (TSE:4202) has significantly downward-revised its full-year earnings forecast for the period ending March 31, 2026, citing delays in new plant operations and special losses.

Item Before After Change
Revenue JPY 583.0bn JPY 576.0bn △7.0bn
Operating Profit JPY 46.5bn JPY 41.0bn △5.5bn
Ordinary Income JPY 47.5bn JPY 43.0bn △4.5bn
Net Profit JPY 50.0bn JPY 10.0bn △40.0bn (△80.0%)
EPS JPY 188.33 per share JPY 38.89 per share △149.44 (△80.0%)

Management cited the inclusion of special losses from asset impairments, delayed startup of a new plant leading to reduced profitability, and broader factors such as yen depreciation, delayed inventory adjustments by local manufacturers, issues at a CO plant, and delayed compensation for a China factory relocation. These factors have led to a substantial decline in net profit, with the company reporting a 80% drop in earnings per share.

The downward revision introduces significant uncertainty for investors, as the company faces multiple operational and macroeconomic headwinds. Investors should closely monitor the impact of these challenges on future performance and consider the potential for further adjustments.


Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.