ASAHI KASEI, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 0.5％

ASAHI KASEI CORPORATION <3407> [TSE Prime] announced its financial results in the afternoon session on November 5th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 106 billion yen, a 2.3% increase compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 4.5% decrease.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 0.5%, from the previous forecast of 216 billion yen to 217 billion yen (compared to 193 billion yen in the previous period), increasing the growth rate from 11.7% to 12.2%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 23.6% from the same period last year, reaching 110 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 12.2% from the same period last year, reaching 56.1 billion yen. However, the operating profit margin worsened from 7.8% in the same period last year to 7.2%.

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