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CHEMIPRO KASEI, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 25% Decrease
4960 CHEMIPRO KASEI KAISHA,LTD 【J-GAAP】
Earnings ReportCHEMIPRO KASEI KAISHA,LTD <4960> [TSE Std] announced its financial results after the market closed on February 10th (15:40). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 16.8% from the same period last year to 119 million yen.
In addition, the full-year forecast for ordinary profit has decreased 67.5%, from the previous forecast of 400 million yen to 130 million yen (compared to 173 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 24.9% decrease in profit.
Based on the full-year plan announced by the company after the downward revision, our estimate of the ordinary profit for the October to March period (second half) has decreased 64.9%, from the previous forecast of 416 million yen to 146 million yen (compared to 126 million yen in the same period of the previous year), leading to a reduction in the profit growth rate from 3.3 times to 15.9%.
In the most recent three-month period, from October to December (3Q), the ordinary profit increased 40.6% from the same period last year, reaching 135 million yen. The operating profit margin improved from 6.2% in the same period last year to 7.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 6,857 | 380 | 108 | 93 | 5.8 | 81.8 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 7,412 | 323 | 143 | 96 | 6.0 | 82.7 | Feb 10, 2025 | J-GAAP |
| Apr - Dec, 2025 | 6,727 | 284 | 119 | 96 | 6.0 | 91.5 | Feb 10, 2026 | J-GAAP |
| YoY | -9.2% | -12.1% | -16.8% | 0.0% | -0.3% |
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 | 6,143 | 496 | 416 | 247 | 15.3 | 5 | Nov 10, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 4,643 | 246 | 146 | 227 | 14.1 | 5 | Feb 10, 2026 | J-GAAP |
| Revision Rate | -24.4% | -50.4% | -64.9% | -8.1% | -8.2% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 10,500 | 600 | 400 | 250 | 15.5 | 5 | May 9, 2025 | J-GAAP |
| Mar, 2026 New | 9,000 | 350 | 130 | 230 | 14.3 | 5 | Feb 10, 2026 | J-GAAP |
| Revision Rate | -14.3% | -41.7% | -67.5% | -8.0% | -8.1% |
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 | 4,639 | 223 | 126 | 90 | 5.6 | 3.50 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 4,643 | 246 | 146 | 227 | 14.1 | 5 | Feb 10, 2026 | J-GAAP |
| YoY | +0.1% | +10.3% | +15.9% | +152.2% | +151.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 9,236 | 482 | 132 | 126 | 7.8 | 3 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 9,710 | 402 | 173 | 128 | 8.0 | 3.50 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 9,000 | 350 | 130 | 230 | 14.3 | 5 | Feb 10, 2026 | J-GAAP |
| YoY | -7.3% | -12.9% | -24.9% | +79.7% | +78.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,341 | 144 | 96 | 58 | 3.6 | 6.2 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,298 | 79 | 30 | 32 | 2.0 | 3.4 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,456 | 101 | 27 | 14 | 0.9 | 4.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,901 | 3 | -43 | -11 | -0.8 | 0.2 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,370 | 180 | 135 | 93 | 5.8 | 7.6 | Feb 10, 2026 | J-GAAP |
| YoY | +1.2% | +25.0% | +40.6% | +60.3% | +59.9% |
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