Taki Chemical Raises FY2026 Earnings Forecast 40.8% on Price Gains
Taki Chemical Co., Ltd. (TSE:4025) has raised its full-year earnings and dividend guidance for the fiscal year ending December 2026, citing stronger-than-expected demand and successful price corrections across its agri and chemical products divisions.
| Item | Before | After | Change | Change % |
|---|---|---|---|---|
| Revenue | 43,000M | 45,300M | 2,300M | 5.3% |
| Operating Profit | 2,450M | 3,450M | 1,000M | 40.8% |
| Ordinary Income | 3,050M | 4,100M | 1,050M | 34.4% |
| Net Profit | 2,650M | 3,500M | 850M | 32.1% |
| EPS | 317.79 | 419.57 | 101.78 | 32.0% |
| Year-end Dividend | 80.00 | 105.00 | 25.00 | 31.3% |
The company attributed the upward revision to two main factors. In its agri business, prolonged Middle East tensions and supply constraints in China have elevated raw material costs, triggering surge demand for fertilizers ahead of price increases. Sales volumes are now expected to exceed initial projections. Additionally, Taki Chemical’s water treatment chemicals division benefited from successful pricing adjustments that offset rising input costs, driving both revenue and profit above prior forecasts.
The 40.8% operating profit surge signals meaningful margin improvement across the business. The year-end dividend increase of 31.3%—from JPY 80.00/share to JPY 105.00/share—reflects management’s commitment to shareholder returns under its consolidated dividend payout policy targeting 30% or higher. The revision demonstrates operational resilience amid volatile commodity markets and validates the company’s pricing power in specialty chemicals.
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.