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KOEI CHEMICAL, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 71%, Dividend Revised down by 20 Yen

Wed Oct 29, 2025 1:00 pm JST Earnings

4367 KOEI CHEMICAL COMPANY,LIMITED 【J-GAAP】

Earnings Report

KOEI CHEMICAL COMPANY,LIMITED <4367> [TSE Std] announced its financial results in the afternoon session on October 29th (13:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a loss of 382 million yen (compared to a profit of 499 million yen in the same period last year), further increasing the deficit beyond the forecast of a loss of 290 million yen.

In addition, the full-year forecast for ordinary profit has decreased 71.4%, from the previous forecast of 350 million yen to 100 million yen (compared to 356 million yen in the previous period), leading to an increase in the profit decline rate from 1.7% to 71.9%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit/loss for the October to March period (second half) is expected to turn into a profit of 482 million yen (compared to a loss of 143 million yen in the same period last year).

Due to a decline in performance, the company has reduced its planned annual dividend for the current fiscal year from the original plan of 100 yen to 80 yen (compared to 100 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the ordinary profit significantly dropped to 77 million yen, a 63.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 6.8% in the same period last year to 2.5%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 8,325 279 255 173 35.5 73.5 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 9,523 656 499 324 66.3 140.2 Oct 29, 2024 J-GAAP
Apr - Sep, 2025 7,209 -307 -382 -271 -55.4 ー Oct 29, 2025 J-GAAP
YoY -24.3% － － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 7,800 -230 -290 -190 -38.9 50 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 7,209 -307 -382 -271 -55.4 30 Oct 29, 2025 J-GAAP
Revision Rate -7.6% -33.5% -31.7% -42.6% -42.7%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 19,500 450 350 280 57.3 100 May 13, 2025 J-GAAP
Mar, 2026 New 18,000 200 100 30 6.1 80 Oct 29, 2025 J-GAAP
Revision Rate -7.7% -55.6% -71.4% -89.3% -89.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 10,495 -90 -143 -36 -7.4 50 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 10,791 507 482 301 61.5 50 Oct 29, 2025 J-GAAP
YoY +2.8% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 19,427 415 347 299 61.3 100 May 14, 2024 J-GAAP
Mar, 2025 20,018 566 356 288 59.0 100 May 13, 2025 J-GAAP
Mar, 2026 Guidance 18,000 200 100 30 6.1 80 Oct 29, 2025 J-GAAP
YoY -10.1% -64.7% -71.9% -89.6% -89.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 5,544 379 208 140 28.6 6.8 Oct 29, 2024 J-GAAP
Oct - Dec, 2024 4,934 45 58 37 7.6 0.9 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 5,561 -135 -201 -73 -14.9 -2.4 May 13, 2025 J-GAAP
Apr - Jun, 2025 3,191 -406 -459 -300 -61.4 -12.7 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 4,018 99 77 29 5.9 2.5 Oct 29, 2025 J-GAAP
YoY -27.5% -73.9% -63.0% -79.3% -79.3%

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