Chugoku Marine Paints (4617) Q1 2027 earnings summary

Executive summary

• Net sales rose 16.0% year-over-year to ¥37,802 million for the quarter ended June 30, 2026.

• Operating profit increased 44.8% year-over-year to ¥5,681 million, and ordinary profit surged 55.7% to ¥6,176 million.

• Profit attributable to owners of parent grew 50.7% year-over-year to ¥3,814 million.

• Comprehensive income jumped to ¥4,887 million from ¥224 million a year earlier.

Financial highlights

• Gross profit increased to ¥13,481 million from ¥10,910 million year-over-year.

• Basic earnings per share rose to ¥76.89 from ¥51.06 year-over-year.

• Total assets increased to ¥160,219 million as of June 30, 2026, up from ¥157,560 million at March 31, 2026.

• Net assets rose to ¥103,115 million, with a capital adequacy ratio of 60.4%.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2027: net sales ¥160,000 million (+14.8% YoY), operating profit ¥17,500 million (+0.4% YoY), ordinary profit ¥18,000 million (+0.9% YoY), profit attributable to owners of parent ¥11,000 million (flat YoY), and basic EPS ¥221.71.

• Annual dividend forecast set at ¥100.00 per share.