Toagosei Co., Ltd. Raises FY2026 Earnings Forecast on Semiconductor Strength
Toagosei Co., Ltd. (TSE:4045) has raised its full-year earnings and dividend guidance for the fiscal year ending December 2026, citing robust semiconductor-related product sales and improved profitability across its core polymer and resin businesses.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 167.0bn | JPY 170.0bn | +1.8% |
| Operating Profit | JPY 14.5bn | JPY 15.5bn | +6.9% |
| Ordinary Income | JPY 15.1bn | JPY 16.3bn | +7.9% |
| Net Profit | JPY 11.5bn | JPY 11.8bn | +2.6% |
| EPS | JPY 10.9bn | JPY 11.1bn | +2.5% |
The chemical manufacturer lifted revenue guidance by JPY 3.0bn to JPY 170.0bn, while operating profit rose JPY 1.0bn to JPY 15.5bn and ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—increased JPY 1.2bn to JPY 16.3bn. Net profit attributable to parent shareholders was raised JPY 300M to JPY 11.8bn. Management attributed the upward revision to stronger-than-expected mid-period semiconductor product sales, increased sales volumes in polymer and oligomer operations, and margin improvements in the resin processing segment. The company cited business conditions exceeding initial assumptions.
Toagosei also increased its annual dividend by JPY 2.00 per share to JPY 72.00, comprising an interim dividend of JPY 36.00 and year-end dividend of JPY 36.00 per share. The dividend adjustment reflects the company’s medium-term management plan target of approximately 70% consolidated payout ratio and the revised earnings outlook. The revision underscores stable dividend continuity and enhanced shareholder returns, signaling management confidence in sustained operational momentum through year-end 2026.
Source: Original filing (TDnet) | 日本語版
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