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.

ItemH1 FY2027Full Year FY2027
RevenueJPY 580.0bnJPY 1,170.0bn
Operating ProfitJPY 50.0bnJPY 105.0bn
Ordinary IncomeJPY 52.0bnJPY 107.0bn
Net ProfitJPY 28.0bnJPY 59.0bn
EPSJPY 90.94/shareJPY 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.