Kuriyama Holdings Raises H1 FY2026 Forecast on Strong Industrial Demand

Kuriyama Holdings Raises H1 FY2026 Forecast on Strong Industrial Demand

Kuriyama Holdings Corporation (TSE:3355) has raised its earnings guidance for the first half of fiscal 2026 ending June 30, 2026, citing robust demand in industrial materials and improved North American operations.

The company attributed the upward revision to stronger-than-expected sales in its industrial materials division, where demand for agricultural and construction machinery remained resilient and customer production activity outpaced forecasts. In North America, Kuriyama benefited from pricing optimization initiatives and the receipt of prior-year U.S. tariff refunds, driving a substantial increase in operating profit. Additionally, European, South American, and Oceania operations contributed to improved profitability, particularly through increased firefighting hose sales in Europe.

Despite the interim period strength, management maintained its full-year earnings forecast unchanged, citing geopolitical risks and demand uncertainty as reasons for caution. The interim-period upward revision signals operational momentum across key markets, though the company’s conservative full-year stance suggests management is monitoring macroeconomic headwinds. Investors should note that ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—increased 44.4%, outpacing the 33.5% operating profit gain, reflecting favorable financial income or reduced expenses.

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.