Shikoku Kasei (4099) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended March 31, 2026, rose 18.2% year-over-year to ¥19,868 million, with operating profit up 39.6% to ¥4,240 million and profit attributable to owners of parent up 58.0% to ¥3,041 million, all record highs for the period.

• Growth was driven by strong performance in fine chemicals and overseas sales, particularly in the Chemicals operations segment.

Financial highlights

• Gross profit increased to ¥9,302 million from ¥7,547 million year-over-year, with gross margin improving.

• Basic earnings per share rose to ¥70.33 from ¥43.08 year-over-year.

• Comprehensive income surged 72.4% year-over-year to ¥4,088 million.

• Overseas net sales accounted for 39.6% of consolidated net sales, up from 34.2% a year earlier.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥88,000 million (up 24.5% year-over-year), with operating profit and ordinary profit forecasts unchanged at ¥14,400 million and ¥14,500 million, respectively.

• Profit attributable to owners of parent projected at ¥10,000 million (up 18.2% year-over-year), with basic EPS forecast at ¥231.22.

• Dividend forecast raised to ¥60 per share for the fiscal year.

• Forecast does not factor in potential impacts from Middle East tensions due to uncertainty.