Resonac Holdings Raises Profit Forecast 40–52% Despite Revenue Decline
Resonac Holdings Corporation (TSE:4004) has revised its full-year earnings forecast for the fiscal year ending December 2026, projecting significantly higher profitability despite lower sales due to a planned partial spin-off of its chemicals business.
| Item | Before | After | Change |
|---|---|---|---|
| 売上収益 | JPY 1310.0bn | JPY 1165.0bn | -11.1% |
| コア営業利益 | JPY 140.0bn | JPY 196.0bn | +40.0% |
| Operating Profit | JPY 105.0bn | JPY 160.0bn | +52.4% |
| 当期利益 | JPY 79.0bn | JPY 114.0bn | +44.3% |
| 親会社の所有者に帰属する当期利益 | JPY 77.0bn | JPY 112.5bn | +46.1% |
| 基本的1株当たり当期利益 | JPY 414.99/share | JPY 606.32/share | +JPY 191.33/share |
The company attributed the revenue decline of JPY 145.0bn to the planned October 2026 partial spin-off of its Clasachemikal segment, which will be reclassified as a non-continuing business. However, Resonac expects substantially higher profitability across all metrics, driven by increased sales volumes in its semiconductor and electronic materials segment. Core operating profit is forecast to rise JPY 56.0bn, while net profit attributable to parent company shareholders is projected to increase JPY 35.5bn to JPY 112.5bn.
The revision underscores management’s confidence that the spin-off will enhance operational efficiency in the core semiconductor materials business. The earnings-per-share forecast climbs to JPY 606.32 from JPY 414.99, reflecting the improved profitability trajectory of the continuing operations. Investors should note that the forecast assumes successful execution of the partial spin-off and current market conditions in semiconductor demand.
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.