Sanyo Chemical Industries Raises FY2027 Earnings Forecast 30% on Strong Q1
Sanyo Chemical Industries, Ltd. (TSE:4471) has raised its earnings and dividend guidance for the fiscal year ending March 2027, citing better-than-expected first-quarter results and robust demand for high-margin specialty materials.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 74.0bn | JPY 74.0bn | +0.0% |
| Operating Profit | JPY 5.00bn | JPY 8.00bn | +60.0% |
| Ordinary Income | JPY 5.70bn | JPY 9.00bn | +57.9% |
| 親会社株主に帰属する中間純利益 | JPY 4.50bn | JPY 6.50bn | +44.4% |
| １株当たり中間純利益 | JPY 20.3bn | JPY 29.4bn | +44.6% |
For the full fiscal year, the company raised operating profit to JPY 13.0bn from JPY 10.0bn, a 30% increase, while ordinary income (keijo rieki)—a Japan-specific metric combining operating profit with non-operating items—climbed to JPY 15.0bn from JPY 11.5bn. Net profit guidance rose to JPY 11.0bn from JPY 9.0bn. Revenue remains unchanged at JPY 150.0bn, indicating margin expansion rather than volume growth.
Management attributed the revision to first-quarter outperformance, accelerating demand for semiconductor and electronics-related specialty materials, and temporary supply disruptions of imported goods stemming from Middle East tensions. A timing lag in passing through raw material cost increases to customers also contributed to profit gains.
The company increased its interim dividend to JPY 100.00 per share from JPY 87.50, while adjusting the year-end dividend to JPY 75.00 per share (pre-split basis). The consolidated total shareholder return ratio, including share buybacks, is projected at 62.6%, signaling an aggressive capital allocation stance. A four-for-one stock split effective October 1, 2026, will adjust per-share metrics accordingly.
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.