Kurita Water Industries Raises FY2027 Earnings on Pentagon Sale
Kurita Water Industries Ltd. (TSE:6370) has raised its earnings forecast for the fiscal year ending March 2027, driven by gains from the divestiture of its U.S. precision cleaning subsidiary.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 198.0bn | JPY 198.0bn | +0.0% |
| 事業利益 | |||
| （注１） | JPY 23.5bn | JPY 23.5bn | +0.0% |
| Operating Profit | JPY 23.0bn | JPY 28.0bn | +21.7% |
| 税引前 | |||
| 中間利益 | JPY 22.8bn | JPY 27.8bn | +21.9% |
| 親会社の | |||
| 所有者に | |||
| 帰属する | |||
| 中間利益 | JPY 15.9bn | JPY 24.6bn | +54.7% |
| 基本的 | |||
| １株当たり | |||
| 中間利益 | |||
| （円 銭） | JPY 147M | JPY 228M | +55.5% |
The company completed the sale of Pentagon Technologies Group, its U.S. precision cleaning operations, on June 30, 2026. Upon deconsolidation, Kurita reclassified foreign exchange translation differences of JPY 5.0bn into operating profit. Additionally, the company recognized JPY 3.7bn in gains from discontinued operations, including the Pentagon sale proceeds and lease termination settlements. For the full fiscal year, net profit attributable to parent shareholders is now projected at JPY 50.7bn, up JPY 8.7bn from the prior forecast.
Investors should note that the upward revision reflects one-time gains rather than operational improvements. Revenue and business profit (jigyo rieki) remain unchanged at JPY 198.0bn and JPY 23.5bn respectively for the interim period, indicating that core business performance is stable. The JPY 8.7bn increase in net profit is entirely attributable to the Pentagon divestiture and related non-operating items, not underlying business expansion. This distinction is material for assessing Kurita’s sustainable earnings trajectory.
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.