Aica Kogyo (4206) Q4 2025 earnings summary

Executive summary

• Achieved record highs in net sales, operating profit, ordinary profit, and net income for the year ended March 31, 2026, with operating and ordinary profit increasing for the fifth consecutive year.

• Net sales for FY ended March 31, 2026 rose 1.2% year-over-year to ¥251,764 million, with operating profit up 6.3% to ¥29,143 million and profit attributable to owners of parent up 9.7% to ¥18,533 million.

• Comprehensive income for the year was ¥26,561 million, slightly down from ¥27,374 million in the prior year.

Financial highlights

• Net sales rose 1.2% year-over-year to JPY 251,764 million.

• Operating profit increased 6.3% year-over-year to JPY 29,143 million, with an 11.6% margin.

• Ordinary profit grew 5.1% year-over-year to JPY 30,136 million, with a 12.0% margin.

• Net income attributable to owners of parent rose 9.7% year-over-year to JPY 18,533 million, with a 7.4% margin.

• Gross profit increased to ¥71,236 million from ¥67,906 million year-over-year.

• Earnings per share increased 11.3% year-over-year to JPY 296.48.

• Cash and cash equivalents at year-end decreased to ¥54,606 million from ¥62,450 million.

• Net assets increased to ¥207,298 million, with an equity-to-asset ratio of 58.4%.

Outlook and guidance

• FY2026 forecast projects net sales of JPY 280,000 million (+11.2% YoY), operating profit of JPY 31,000 million (+6.4% YoY), and net income of JPY 18,600 million (+0.4% YoY).

• FY ending March 31, 2027 forecast: net sales ¥280,000 million (+11.2% YoY), operating profit ¥31,000 million (+6.4%), profit attributable to owners of parent ¥18,600 million (+0.4%), EPS ¥293.95.

• Profit margins are expected to slightly decrease, with operating margin at 11.1% and net margin at 6.6%.

• Overseas sales ratio targeted at 50% or more.

• Forecast excludes potential impacts from geopolitical risks, supply chain disruptions, and raw material price volatility.