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Koei Chemical rebounds on upward revision to full-year operating and net profit forecasts
KOEI CHEMICAL COMPANY,LIMITED <4367> rebounded. Around 1:00 p.m., the company announced its standalone results for the fiscal year ended March 2026 beat previous guidance. Operating profit is forecast to reach 360 million yen (down 36.4% year-on-year) against an earlier estimate of 200 million yen. Net loss is expected to narrow to 5.14 billion yen from a projected 5.4 billion yen, compared with a profit of 288 million yen in the previous year.
The upward revision followed a smoother-than-expected restart of production after scheduled maintenance and cost reduction efforts that lowered fixed costs. Additionally, fiscal year-end inventory prices rose more than anticipated. The company maintained its sales forecast of 17 billion yen (down 15.1% year-on-year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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