kabutan

Chugoku Marine Paints, Oct-Dec (3Q) Ordinary Profit Increases by 27%, Current Fiscal Year Dividend Revised Upward by 14 Yen

Tue Feb 3, 2026 3:30 pm JST Earnings

4617 Chugoku Marine Paints,Ltd. 【J-GAAP】

Earnings Report

Chugoku Marine Paints,Ltd. <4617> [TSE Prime] announced its financial results after the market closed on February 3rd (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 10.4% from the same period last year, reaching 13.2 billion yen. However, Progress toward the full-year plan of 17.7 billion yen was 74.9%, also falling below the five-year average of 86.5%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to nearly flat at 4.43 billion yen, down 0.6% from the same period last year.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 97 yen to 111 yen (compared to 97 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 26.8% from the same period last year, reaching 4.44 billion yen. The operating profit margin rose from 11.2% in the same period last year to 11.6%.

Kabutan News

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 86,140 9,051 10,059 7,675 154.9 77.2 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 96,055 11,643 12,015 10,691 215.7 72.9 Feb 4, 2025 J-GAAP
Apr - Dec, 2025 101,930 12,922 13,262 8,799 177.4 74.9 Feb 3, 2026 J-GAAP
YoY +6.1% +11.0% +10.4% -17.7% -17.7%

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 68,493 8,449 8,885 5,586 112.6 49 Oct 31, 2025 J-GAAP
Oct - Mar, 2025 New 68,493 8,449 8,885 5,586 112.6 63 Feb 3, 2026 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 137,000 17,500 17,700 11,500 231.8 97 Oct 31, 2025 J-GAAP
Mar, 2026 New 137,000 17,500 17,700 11,500 231.8 111 Feb 3, 2026 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

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 68,217 7,452 7,974 5,389 108.7 57 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 68,493 8,449 8,885 5,586 112.6 63 Feb 3, 2026 J-GAAP
YoY +0.4% +13.4% +11.4% +3.7% +3.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 116,174 12,185 13,025 9,892 199.6 80 May 9, 2024 J-GAAP
Mar, 2025 131,152 15,381 16,481 13,721 276.8 97 May 9, 2025 J-GAAP
Mar, 2026 Guidance 137,000 17,500 17,700 11,500 231.8 111 Feb 3, 2026 J-GAAP
YoY +4.5% +13.8% +7.4% -16.2% -16.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 33,120 3,714 3,508 2,359 47.6 11.2 Feb 4, 2025 J-GAAP
Jan - Mar, 2025 35,097 3,738 4,466 3,030 61.1 10.7 May 9, 2025 J-GAAP
Apr - Jun, 2025 32,589 3,922 3,966 2,531 51.1 12.0 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 35,918 5,129 4,849 3,383 68.2 14.3 Oct 31, 2025 J-GAAP
Oct - Dec, 2025 33,423 3,871 4,447 2,885 58.2 11.6 Feb 3, 2026 J-GAAP
YoY +0.9% +4.2% +26.8% +22.3% +22.2%

Related Articles