CK SAN-ETSU Co., Ltd. Raises Full-Year Profit Forecast by Up to 56%
CK SAN-ETSU Co., Ltd. (TSE:5757) has revised upward its consolidated earnings forecast for the fiscal year ending March 2026, citing stronger-than-expected commodity gains and lower derivative losses.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 145.0bn | JPY 149.4bn | +3.1% |
| Operating Profit | JPY 13.0bn | JPY 14.2bn | +8.9% |
| Ordinary Income | JPY 4.00bn | JPY 5.64bn | +40.9% |
| 親会社株主に帰属する当期純利益 | JPY 2.30bn | JPY 3.59bn | +56.0% |
| １株当たり当期純利益 | JPY 280M | JPY 432M | +54.6% |
The copper-processing division delivered sales volumes broadly in line with plan, but raw material commodity spreads exceeded prior expectations, driving the upward revision. Additionally, a temporary copper price decline in March 2026 reduced anticipated derivative losses and valuation adjustments on financial instruments, lowering non-operating expenses below the company’s previous guidance.
The revision underscores improved profitability across the earnings cascade, with net profit (jun rieki) climbing 56.0% to JPY 3.59bn and earnings per share rising to JPY 432.19/share from JPY 279.56/share. The ordinary income (keijo rieki)—a Japan-specific metric capturing operating profit plus financial income and expenses—surged 40.9%, reflecting both operational strength and favorable derivative positioning. International investors should note that ordinary income differs materially from operating profit due to non-operating financial items and is not directly comparable to IFRS or US GAAP operating metrics.
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.