Kureha Corporation Revises H1 Earnings Forecast — Operating Profit Up 66.7%
Kureha Corporation (TSE:4023) raised its earnings guidance for the fiscal year ending March 2027, with a significant upward revision to first-half results driven by stronger chemical product sales and equity-method investment gains.
| Item | Before | After | Change |
|---|---|---|---|
| 売上収益 | JPY 83.5bn | JPY 85.5bn | +2.4% |
| コア営業利益 | JPY 4.50bn | JPY 7.50bn | +66.7% |
| Operating Profit | JPY 4.50bn | JPY 7.50bn | +66.7% |
| 税引前中間利益 | JPY 4.50bn | JPY 7.50bn | +66.7% |
| 親会社の所有者に帰属する中間利益 | JPY 3.00bn | JPY 5.00bn | +66.7% |
| 基本的1株当たり中間利益 | JPY 78.50/share | JPY 130.82/share | +JPY 52.32/share |
The company attributed the first-half upgrade to timing changes in pesticide shipments and increased equity-method investment income. For the full fiscal year, Kureha raised core operating profit guidance by 20% to JPY 12.0bn, citing price improvements in industrial chemicals. However, operating profit, pre-tax profit, and net profit attributable to parent company shareholders remain unchanged at JPY 11.0bn, JPY 10.5bn, and JPY 7.5bn respectively.
The unchanged full-year operating profit despite higher core operating profit suggests management is factoring in potential headwinds in the second half, including adverse business environment shifts, portfolio restructuring costs, and fixed asset-related expenses. The company maintained its dividend policy unchanged. The divergence between the strong first-half revision and flat full-year guidance indicates cautious positioning regarding H2 operational conditions.
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.