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TOHO CHEMICAL INDUSTRY, Ordinary Profit Forecast for Last Fiscal Year Revised Upward to an Unexpected 10% Increase
4409 TOHO CHEMICAL INDUSTRY COMPANY,LIMITED 【J-GAAP】
Guidance Update ReportTOHO CHEMICAL INDUSTRY COMPANY,LIMITED <4409> [TSE Std] announced a performance revision in the afternoon session on April 28th (14:00). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 17.0%, from the previous forecast of 1.65 billion yen to 1.93 billion yen (compared to 1.75 billion yen in the previous period), turning to a 10.2% increase in the consolidated ordinary profit outlook.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 31.5%, from the previous forecast of 0.89 billion yen to 1.17 billion yen (compared to 0.87 billion yen in the same period of the previous year), increasing the growth rate from 2.5% to 34.8%.
Kabutan News
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 | 27,997 | 1,060 | 892 | 628 | 29.9 | 22 | Nov 7, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 27,622 | 1,198 | 1,173 | 1,005 | 47.8 | 22 | Apr 28, 2026 | J-GAAP |
| Revision Rate | -1.3% | +13.0% | +31.5% | +60.0% | +60.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 54,000 | 1,950 | 1,650 | 1,150 | 54.7 | 22 | May 14, 2025 | J-GAAP |
| Mar, 2026 New | 53,625 | 2,088 | 1,931 | 1,527 | 72.7 | 22 | Apr 28, 2026 | J-GAAP |
| Revision Rate | -0.7% | +7.1% | +17.0% | +32.8% | +32.8% |
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 | 26,973 | 923 | 870 | 686 | 32.6 | 20 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 27,622 | 1,198 | 1,173 | 1,005 | 47.8 | 22 | Apr 28, 2026 | J-GAAP |
| YoY | +2.4% | +29.8% | +34.8% | +46.5% | +46.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 50,596 | 771 | 743 | 546 | 26.0 | 17 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 53,613 | 1,815 | 1,753 | 1,543 | 73.4 | 20 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 53,625 | 2,088 | 1,931 | 1,527 | 72.7 | 22 | Apr 28, 2026 | J-GAAP |
| YoY | +0.0% | +15.0% | +10.2% | -1.0% | -1.0% |
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