Tosoh Corporation Revises Earnings Forecast — FY2027 Operating Profit Guidance at JPY 105.0bn
Tosoh Corporation (TSE:4042) has published consolidated earnings forecasts for the fiscal year ending March 2027 after previously withholding guidance due to geopolitical and market uncertainties.
| Item | H1 FY2027 | Full Year FY2027 |
|---|---|---|
| Revenue | JPY 580.0bn | JPY 1,170.0bn |
| Operating Profit | JPY 50.0bn | JPY 105.0bn |
| Ordinary Income | JPY 52.0bn | JPY 107.0bn |
| Net Profit | JPY 28.0bn | JPY 59.0bn |
| EPS | JPY 90.94/share | JPY 191.63/share |
The company had deferred guidance publication in May 2026 citing Middle East tensions, raw material cost volatility, and demand uncertainty. With first-quarter results now available and market conditions clarified, Tosoh has restored its outlook. Rising naphtha prices and stronger overseas market conditions for key products, combined with yen weakness, have lifted selling prices. High-performance materials and water treatment engineering divisions are performing solidly. Inventory valuation improvements from elevated naphtha and feedstock costs, plus year-on-year comparison benefits from prior-period asset impairment charges at subsidiary Tosoh SMD Inc., further support the forecast.
The revision signals management confidence that near-term headwinds have stabilized. Investors should note that the forecast remains subject to commodity price swings, currency fluctuations, and geopolitical developments. Ordinary income (keijo rieki)—a Japan-specific metric combining operating profit with non-operating financial items—differs materially from operating profit and should not be confused with Western operating income definitions.
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.