Central Glass Co., Ltd. Revises Earnings Forecast — Operating Profit Up 55%
Central Glass Co., Ltd. (TSE:4044) has raised its earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected first-quarter performance and successful price pass-through in its electronic materials division.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 75.0bn | JPY 79.0bn | +5.3% |
| Operating Profit | JPY 4.00bn | JPY 6.20bn | +55.0% |
| Ordinary Income | JPY 4.10bn | JPY 6.30bn | +53.7% |
| 親会社株主に帰属する中間純利益 | JPY 2.50bn | JPY 4.20bn | +68.0% |
| 1株当たり中間純利益 | JPY 100.85/share | JPY 169.40/share | +JPY 68.55/share |
The company attributed the upward revision to improved pricing dynamics in its specialty gas products within the electronic materials business, where raw material cost inflation has been offset through higher selling prices. Management also refined full-year projections based on solid first-quarter results, raising operating profit guidance by JPY 1.0bn to JPY 11.0bn and net profit by JPY 0.8bn to JPY 8.0bn for the full fiscal year.
The interim-period revision is particularly notable, with operating profit surging 55% and earnings per share climbing to JPY 169.40/share from JPY 100.85/share, signaling accelerating margin expansion in the near term. Full-year ordinary income (keijo rieki), a Japan-specific metric capturing non-operating financial items, is now projected at JPY 11.3bn, up 9.7% from prior guidance. The revisions suggest Central Glass has successfully navigated raw material headwinds through commercial negotiations, a positive indicator for earnings sustainability in the second half of the fiscal year.
Source: Original filing (TDnet) | 日本語版
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