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Showa Chemical, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 62%, Exceeds Full-Year Plan
4990 Showa Chemical Industry Co.,Ltd. 【J-GAAP】
Earnings ReportShowa Chemical Industry Co.,Ltd. <4990> [TSE Std] announced its financial results in the afternoon session on February 13th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 705 million yen, an increase 62.1% compared to the same period last year. Progress toward the full-year plan of 610 million yen is 115.6%, already exceeding the target and also exceeding the five-year average of 82.4%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 95 million yen (compared to a profit of 136 million yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 23.1% from the same period last year, reaching 229 million yen. The operating profit margin improved from 4.5% in the same period last year to 6.9%.
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 | 7,074 | 498 | 653 | 541 | 51.2 | 90.8 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 7,101 | 300 | 435 | 316 | 29.7 | 76.2 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 7,143 | 435 | 705 | 559 | 52.5 | 115.6 | Feb 13, 2026 | J-GAAP |
| YoY | +0.6% | +45.0% | +62.1% | +76.9% | +76.7% |
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 | 4,421 | 148 | 322 | 233 | 21.9 | 3 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 4,457 | 74 | 134 | 185 | 17.4 | 3 | Nov 14, 2025 | J-GAAP |
| YoY | +0.8% | -50.0% | -58.4% | -20.6% | -20.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 9,196 | 503 | 719 | 584 | 55.1 | 8 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 9,237 | 346 | 571 | 411 | 38.7 | 6 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 9,300 | 350 | 610 | 520 | 48.8 | 6 | Nov 14, 2025 | J-GAAP |
| YoY | +0.7% | +1.2% | +6.8% | +26.5% | +26.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,285 | 102 | 186 | 138 | 13.0 | 4.5 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,136 | 46 | 136 | 95 | 8.9 | 2.2 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,497 | 147 | 238 | 166 | 15.7 | 5.9 | Aug 14, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,346 | 129 | 238 | 169 | 15.9 | 5.5 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,300 | 159 | 229 | 224 | 21.0 | 6.9 | Feb 13, 2026 | J-GAAP |
| YoY | +0.7% | +55.9% | +23.1% | +62.3% | +62.2% |
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