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HARIMA CHEMICALS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 40%

Fri Jan 30, 2026 1:00 pm JST Earnings

4410 HARIMA CHEMICALS GROUP, INC. 【J-GAAP】

Earnings Report

HARIMA CHEMICALS GROUP, INC. <4410> [TSE Prime] announced its financial results in the afternoon session on January 30th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 2.44 billion yen, an increase 63.5% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 40.0%, from the previous forecast of 2.00 billion yen to 2.80 billion yen (compared to 1.33 billion yen in the previous period), increasing the growth rate from 50.4% to 2.1 times.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 2.1 times, from the previous forecast of 0.70 billion yen to 1.50 billion yen (compared to 0.21 billion yen in the same period of the previous year), increasing the growth rate from 3.3 times to 7.1 times.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 3.1 times that of the same period last year, reaching 1.14 billion yen. The operating profit margin improved from 2.6% in the same period last year to 3.9%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 69,606 -193 194 -108 -4.5 ー Jan 31, 2024 J-GAAP
Apr - Dec, 2024 75,700 1,946 1,492 724 29.9 112.2 Jan 31, 2025 J-GAAP
Apr - Dec, 2025 77,904 2,662 2,440 1,804 74.3 87.1 Jan 30, 2026 J-GAAP
YoY +2.9% +36.8% +63.5% +149.2% +148.8%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 56,752 1,367 704 366 15.1 21 Oct 31, 2025 J-GAAP
Oct - Mar, 2025 New 56,752 1,667 1,504 1,016 41.8 21 Jan 30, 2026 J-GAAP
Revision Rate 0.0% +21.9% +113.6% +177.6% +177.7%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 108,000 3,000 2,000 1,200 49.4 42 Apr 30, 2025 J-GAAP
Mar, 2026 New 108,000 3,300 2,800 1,850 76.1 42 Jan 30, 2026 J-GAAP
Revision Rate 0.0% +10.0% +40.0% +54.2% +54.2%

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 51,866 831 213 168 6.9 21 Apr 30, 2025 J-GAAP
Oct - Mar, 2025 Guidance 56,752 1,667 1,504 1,016 41.8 21 Jan 30, 2026 J-GAAP
YoY +9.4% +100.6% +606.1% +504.8% +503.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 92,330 -211 -275 -1,161 -48.0 42 Apr 30, 2024 J-GAAP
Mar, 2025 101,006 2,083 1,330 763 31.5 42 Apr 30, 2025 J-GAAP
Mar, 2026 Guidance 108,000 3,300 2,800 1,850 76.1 42 Jan 30, 2026 J-GAAP
YoY +6.9% +58.4% +110.5% +142.5% +141.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 26,560 694 375 129 5.3 2.6 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 25,306 137 -162 39 1.6 0.5 Apr 30, 2025 J-GAAP
Apr - Jun, 2025 25,716 760 673 393 16.2 3.0 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 25,532 873 623 441 18.2 3.4 Oct 31, 2025 J-GAAP
Oct - Dec, 2025 26,656 1,029 1,144 970 40.0 3.9 Jan 30, 2026 J-GAAP
YoY +0.4% +48.3% +205.1% +651.9% +650.9%

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