Kurita Water Industries Revises FY2026 Forecast on Pentagon Divestiture
Kurita Water Industries Ltd. (TSE:6370) has revised its full-year earnings forecast for the fiscal year ending March 2026, citing a planned divestiture of subsidiary Pentagon Technologies Group, Inc. and an associated impairment charge.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 408.9bn | JPY 388.8bn | -4.9% |
| 事業利益（注１） | JPY 49.2bn | JPY 50.9bn | +3.5% |
| Operating Profit | JPY 31.3bn | JPY 49.9bn | +59.6% |
| 税引前利益 | JPY 31.8bn | JPY 50.7bn | +59.4% |
| 親会社の所有者に帰属する当期利益 | JPY 20.3bn | JPY 20.3bn | +0.0% |
| 基本的１株当たり当期利益（円銭） | JPY 181M | JPY 181M | +0.0% |
The company decided to divest all shares of Pentagon Technologies, reclassifying it as a discontinued operation. This decision reduces projected revenue by JPY 20.1bn. Kurita expects to record an impairment loss of JPY 19.9bn against Pentagon’s goodwill and fixed assets. However, improved cost structures in the electronics segment’s service business and disciplined expense management are expected to lift operating profit by 59.6% to JPY 49.9bn, offsetting the revenue decline at the operating level.
The impairment charge will significantly impact net profit attributable to parent company shareholders, which remains flat at JPY 20.3bn due to the non-cash charge. On a continuing operations basis, core business profitability strengthens materially. The company maintained its dividend forecast unchanged, signaling confidence in underlying operational momentum despite the strategic portfolio adjustment.
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.