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FUSO CHEMICAL, 25% Increase in Ordinary Profit, Record High for The First Time in Four Years, Dividend Effectively Increased
4368 FUSO CHEMICAL CO.,LTD. 【J-GAAP】
Earnings ReportFUSO CHEMICAL CO.,LTD. <4368> [TSE Prime] announced its financial results after the market closed on May 11th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 18.2% from the previous period to 19.5 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 25.2% to 24.5 billion yenExpected to reach record high profits for the first time in four years. This will be the third consecutive term of revenue and profit growth.
At the same time, the annual dividend for this fiscal year is 28 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 2.5%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 32.1% from the same period last year, reaching 4.49 billion yen. The operating profit margin rose from 21.3% in the same period last year to 22.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 58,970 | 11,083 | 11,883 | 8,343 | 78.9 | 22 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 69,501 | 16,230 | 16,561 | 11,622 | 109.9 | 24.33 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 76,926 | 18,850 | 19,573 | 14,311 | 135.3 | 27.33 | May 11, 2026 | J-GAAP |
| YoY | +10.7% | +16.1% | +18.2% | +23.1% | +23.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 75,500 | 17,500 | 17,600 | 12,200 | 115.3 | 27.33 | Oct 31, 2025 | J-GAAP |
| Mar, 2026 Results | 76,926 | 18,850 | 19,573 | 14,311 | 135.3 | 27.33 | May 11, 2026 | J-GAAP |
| Revision Rate | +1.9% | +7.7% | +11.2% | +17.3% | +17.3% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 37,705 | 9,746 | 9,807 | 6,879 | 65.0 | 13.67 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 43,100 | 11,600 | 11,700 | 7,850 | 74.2 | 14 | May 11, 2026 | J-GAAP |
| YoY | +14.3% | +19.0% | +19.3% | +14.1% | +14.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 69,501 | 16,230 | 16,561 | 11,622 | 109.9 | 24.33 | May 12, 2025 | J-GAAP |
| Mar, 2026 | 76,926 | 18,850 | 19,573 | 14,311 | 135.3 | 27.33 | May 11, 2026 | J-GAAP |
| Mar, 2027 Guidance | 85,800 | 24,300 | 24,500 | 16,600 | 156.9 | 28 | May 11, 2026 | J-GAAP |
| YoY | +11.5% | +28.9% | +25.2% | +16.0% | +16.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 17,081 | 3,635 | 3,405 | 2,453 | 23.2 | 21.3 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 18,658 | 4,694 | 4,532 | 3,105 | 29.4 | 25.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 19,047 | 5,052 | 5,275 | 3,774 | 35.7 | 26.5 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 20,223 | 4,817 | 5,267 | 3,810 | 36.0 | 23.8 | Feb 6, 2026 | J-GAAP |
| Jan - Mar, 2026 | 18,998 | 4,287 | 4,499 | 3,622 | 34.2 | 22.6 | May 11, 2026 | J-GAAP |
| YoY | +11.2% | +17.9% | +32.1% | +47.7% | +47.6% |
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