Shikoku Kasei (4099) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended September 30, 2025, were ¥52,473 million, down 1.0% year-over-year, while operating profit rose 9.5% to ¥8,275 million and ordinary profit increased 7.9% to ¥8,510 million.

• Profit attributable to owners of parent declined 11.0% year-over-year to ¥6,022 million, despite record highs in operating and ordinary profit for the period.

• Strong performance in fine chemicals offset weaker results in inorganic and organic chemicals and housing materials.

Financial highlights

• Gross profit increased to ¥22,264 million from ¥20,943 million year-over-year.

• Basic earnings per share for the period were ¥136.97, compared to ¥145.59 in the prior year.

• Comprehensive income rose to ¥10,585 million from ¥6,334 million year-over-year, driven by gains in available-for-sale securities.

• Equity-to-asset ratio improved to 67.1% from 61.4% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast remains at ¥70,000 million, with operating profit revised upward to ¥10,000 million and ordinary profit to ¥10,400 million.

• Profit attributable to owners of parent is forecast at ¥7,000 million, with basic earnings per share projected at ¥159.80.

• Upward revision reflects strong fine chemicals performance, offsetting weaker organic chemicals and housing materials.

• Exchange rate assumptions: ¥145/USD and ¥165/EUR.