Shikoku Kasei (4099) Q2 2026 earnings summary

Executive summary

• Achieved record highs for net sales and profit in the first half, driven by strong fine chemicals performance and all segments exceeding prior year results.

• Net sales for the six months ended June 30, 2026 rose 34.1% year-over-year to ¥45,841 million, with operating profit up 79.7% to ¥9,439 million and profit attributable to owners of parent up 78.7% to ¥6,663 million.

• Comprehensive income increased 50.1% year-over-year to ¥9,634 million.

• Upward revision of full-year forecasts for sales and profit due to robust inorganic and fine chemicals demand.

• A 2-for-1 stock split was conducted on July 1, 2026, impacting EPS and dividend calculations.

Financial highlights

• Net sales rose to ¥45.84B (+34.1% YoY); operating profit surged to ¥9.44B (+79.7% YoY); ordinary profit reached ¥9.69B (+86.2% YoY); profit attributable to owners was ¥6.66B (+78.7% YoY).

• Gross profit increased from ¥14,518 million to ¥20,127 million year-over-year.

• Basic earnings per share for the six months ended June 30, 2026 was ¥77.04, up from ¥42.12 the previous year.

• Total assets grew to ¥159,348 million as of June 30, 2026, up from ¥144,403 million at the previous year-end.

• Net cash provided by operating activities increased to ¥5,987 million from ¥4,250 million year-over-year.

Outlook and guidance

• FY2026 net sales forecast revised up to ¥94B (+6.8% vs. initial), operating profit to ¥18B (+25%), and ordinary profit to ¥18.4B (+26.9%).

• Full-year net sales forecast is ¥94,000 million, up 32.9% year-over-year, with operating profit projected at ¥18,000 million (up 65.6%) and profit attributable to owners of parent at ¥12,600 million (up 48.9%).

• Basic earnings per share for the full year is forecast at ¥145.67.

• Dividend forecast revised to ¥80.00 per share for the year, not accounting for the stock split.

• Chemicals segment expected to maintain strong momentum; housing materials to focus on profitability improvement.