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ASAHI KASEI, Ordinary Profit Forecast for First Half Revised Upward by 4%
3407 ASAHI KASEI CORPORATION 【J-GAAP】
Earnings ReportASAHI KASEI CORPORATION <3407> [TSE Prime] announced its financial results at noon (12:30) on July 31st. The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) decreased 7.0% from the same period last year to 49.9 billion yen.
However, the April to September period (first half) consolidated ordinary profit has been revised upward 4.2%, from the previous forecast of 95.0 billion yen to 99.0 billion yen (compared to 103 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 8.4% to 4.5%.
Furthermore, the full-year forecast for consolidated ordinary profit forecast remains unchanged from the estimate of 216 billion yen(compared to 193 billion yen in the previous period).
In the most recent three-month period, from April to June (1Q), the operating profit margin improved from 6.8% in the same period last year to 7.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 650,739 | 21,791 | 21,378 | 9,591 | 6.9 | 41.1 | Aug 3, 2023 | J-GAAP |
| Apr - Jun, 2024 | 735,934 | 49,873 | 53,718 | 34,092 | 24.6 | 51.8 | Jul 31, 2024 | J-GAAP |
| Apr - Jun, 2025 | 738,321 | 53,653 | 49,957 | 19,716 | 14.5 | 50.5 | Jul 31, 2025 | J-GAAP |
| YoY | +0.3% | +7.6% | -7.0% | -42.2% | -41.0% |
Guidance Update
First Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Prev | 1,512,000 | 95,000 | 95,000 | 42,000 | 30.9 | 20 | May 9, 2025 | J-GAAP |
| Apr - Sep, 2025 New | 1,504,000 | 105,000 | 99,000 | 61,000 | 44.9 | 20 | Jul 31, 2025 | J-GAAP |
| Revision Rate | -0.5% | +10.5% | +4.2% | +45.2% | +45.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 1,490,334 | 108,915 | 103,707 | 60,248 | 43.5 | 18 | Nov 1, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 1,504,000 | 105,000 | 99,000 | 61,000 | 44.9 | 20 | Jul 31, 2025 | J-GAAP |
| YoY | +0.9% | -3.6% | -4.5% | +1.2% | +3.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 2,784,878 | 140,746 | 90,118 | 43,806 | 31.6 | 36 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 3,037,312 | 211,921 | 193,459 | 134,996 | 97.9 | 38 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 3,117,000 | 215,000 | 216,000 | 125,000 | 92.0 | 40 | May 9, 2025 | J-GAAP |
| YoY | +2.6% | +1.5% | +11.7% | -7.4% | -6.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 735,934 | 49,873 | 53,718 | 34,092 | 24.6 | 6.8 | Jul 31, 2024 | J-GAAP |
| Jul - Sep, 2024 | 754,400 | 59,042 | 49,989 | 26,156 | 18.9 | 7.8 | Nov 1, 2024 | J-GAAP |
| Oct - Dec, 2024 | 768,918 | 55,474 | 49,579 | 38,227 | 27.6 | 7.2 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 778,060 | 47,532 | 40,173 | 36,521 | 26.5 | 6.1 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 738,321 | 53,653 | 49,957 | 19,716 | 14.5 | 7.3 | Jul 31, 2025 | J-GAAP |
| YoY | +0.3% | +7.6% | -7.0% | -42.2% | -41.0% |
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