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UBE (4208) investor relations material
UBE Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 FY2027 net sales rose 15.0% YoY to ¥244,685m and operating profit increased 44.2% to ¥12,171m, supported by Urethane Systems, specialty product volumes and price revisions.
Ordinary profit rose 27.2% to ¥20,480m, while profit attributable to owners of parent fell 5.7% to ¥10,453m as income taxes increased.
Financial highlights
EBITDA was ¥27.2bn, up 27.5% YoY; net sales increased ¥32.0bn and operating profit increased ¥3.7bn.
Share of profit from equity-method entities rose to ¥9.4bn from ¥7.9bn; ordinary profit also reflected a ¥1.4bn deterioration in foreign-exchange gains and losses.
Free cash flow was ¥20.4bn versus negative ¥57.2bn a year earlier; period-end cash was ¥59.9bn.
Comprehensive income was ¥11,817m versus ¥18,224m in the prior-year period.
Outlook and guidance
FY2027 forecast stands at net sales ¥518.0bn, EBITDA ¥59.5bn, operating profit ¥26.5bn, ordinary profit ¥39.0bn and attributable profit ¥25.5bn; EPS forecast is ¥262.44.
Forecast net sales and operating profit were raised by ¥33.0bn and ¥3.0bn versus May; the interim filing reported no revision to the forecast.
Polymers & Chemicals pricing gains offset weaker Pharmaceutical and Machinery sales and higher Urethane Systems integration costs.
- Profit rebounded in FY2023; FY2024 growth is led by Polymers & Chemicals.4208
Q4 2023 - Q1 FY2026 saw strong profit growth and higher full-year sales and dividend forecasts.4208
Q1 2027 - Specialty business expansion, restructuring, and sustainability drive growth and profitability.4208
Investor presentation - Specialty business expansion, restructuring, and sustainability drive growth and higher returns.4208
Corporate presentation - Profit rebounded to ¥23.9B; FY2026 targets growth in specialty and urethane segments.4208
Q4 2026 - Operating profit surged 52% despite lower sales, driven by restructuring and acquisitions.4208
Q3 2026 - Operating profit rose 36% despite a 12.5% sales drop, with full-year guidance maintained.4208
Q2 2026 - Net sales and profit declined, but operating profit was stable and guidance is unchanged.4208
Q1 2026 - Sales and operating profit rose, but net income fell sharply on affiliate losses.4208
Q2 2025
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