Sekisui Jushi (4212) Q4 2026 earnings summary

Executive summary

• Achieved record-high consolidated net sales for the second consecutive year, with net sales rising 5.3% YoY to ¥78,163 million and operating profit up 13.4% to ¥5,685 million for FYE March 2026.

• Profit attributable to owners of parent increased 12.2% YoY to ¥3,975 million, and comprehensive income surged 60.3% to ¥7,940 million.

• Entered a growth phase, emerging from an investment and build-up period, and proactively developing next-generation revenue sources.

• Growth strategies focus on noise reduction, RFID, disaster prevention, and automated driving society solutions.

• Targeting ¥100 billion in net sales and ¥13 billion in operating profit by FYE March 2030.

Financial highlights

• EBITDA reached ¥9,718 million (13.6% margin), up from ¥8,552 million YoY; operating profit margin rose to 7.3%.

• Basic earnings per share rose to ¥130.51 from ¥112.06 YoY.

• Dividend per share increased by 2 yen to 72 yen, marking 17 consecutive years of dividend growth.

• For FYE March 2027, net sales projected at ¥84,000 million (+7.5% YoY), operating profit at ¥6,300 million (+10.8% YoY), and dividend per share to rise by 10 yen to 82 yen.

• Cash and cash equivalents at period end were ¥15,302 million.

Outlook and guidance

• Expecting continued sales and profit growth in FYE March 2027, despite factoring in geopolitical risks such as the Middle East situation.

• Dividend payout ratio to remain above 55%, with a progressive dividend policy and a total return ratio target of 100% or more.

• Ongoing reduction of cross-shareholdings by 30% (market value basis) and treasury stock repurchase up to ¥2.7 billion.