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KANEKA, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 10%

Tue Feb 10, 2026 4:00 pm JST Earnings

4118 KANEKA CORPORATION 【J-GAAP】

Earnings Report

KANEKA CORPORATION <4118> [TSE Prime] announced its financial results after the market closed on February 10th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 26.1% from the same period last year to 19.2 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 9.9%, from the previous forecast of 31.4 billion yen to 28.3 billion yen (compared to 32.8 billion yen in the previous period), leading to an increase in the profit decline rate from 4.5% to 13.9%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has decreased 15.8%, from the previous forecast of 19.6 billion yen to 16.5 billion yen (compared to 18.4 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 10.5% decrease in profit.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 7.49 billion yen, a 35.8% decrease compared to the same period last year. The operating profit margin worsened from 4.8% in the same period last year to 3.6%.

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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 564,728 21,611 19,351 13,438 207.0 66.2 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 603,048 29,135 26,068 17,736 280.7 79.3 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 598,278 22,196 19,255 18,440 296.7 68.0 Feb 10, 2026 J-GAAP
YoY -0.8% -23.8% -26.1% +4.0% +5.7%

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 402,572 22,037 19,638 21,951 361.2 80 Nov 12, 2025 J-GAAP
Oct - Mar, 2025 New 402,572 19,037 16,538 20,451 336.5 80 Feb 10, 2026 J-GAAP
Revision Rate 0.0% -13.6% -15.8% -6.8% -6.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 800,000 37,000 31,400 33,000 543.0 160 Nov 12, 2025 J-GAAP
Mar, 2026 New 800,000 34,000 28,300 31,500 518.4 160 Feb 10, 2026 J-GAAP
Revision Rate 0.0% -8.1% -9.9% -4.5% -4.5%

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 411,237 20,949 18,472 15,147 239.9 70 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 402,572 19,037 16,538 20,451 336.5 80 Feb 10, 2026 J-GAAP
YoY -2.1% -9.1% -10.5% +35.0% +40.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 762,302 32,579 29,222 23,220 357.9 110 May 14, 2024 J-GAAP
Mar, 2025 807,200 40,050 32,863 25,309 400.9 130 May 14, 2025 J-GAAP
Mar, 2026 Guidance 800,000 34,000 28,300 31,500 518.4 160 Feb 10, 2026 J-GAAP
YoY -0.9% -15.1% -13.9% +24.5% +29.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 207,085 10,034 11,677 7,574 119.9 4.8 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 204,152 10,915 6,795 7,573 120.0 5.3 May 14, 2025 J-GAAP
Apr - Jun, 2025 198,682 8,161 6,038 4,261 67.7 4.1 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 198,746 6,802 5,724 6,788 108.4 3.4 Nov 12, 2025 J-GAAP
Oct - Dec, 2025 200,850 7,233 7,493 7,391 118.9 3.6 Feb 10, 2026 J-GAAP
YoY -3.0% -27.9% -35.8% -2.4% -0.8%

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