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CHUBU SHIRYO CO.,LTD. <2053> surges on upward revision of operating profit for fiscal year ending March 2026 due to improved raw material position in livestock feed

Fri Apr 24, 2026 9:25 am JST Catalyst

CHUBU SHIRYO CO.,LTD. <2053> continued to rise sharply. The company announced after the close of trading on the 23rd that its consolidated operating profit for the fiscal year ending March 2026, which is still being tallied, appears to have finished at 6,500 million yen (up 51.8% year-on-year), revised upward from the previous forecast of 5,200 million yen, and net profit at 5,500 million yen (up 56.9% year-on-year), revised upward from 4,100 million yen. The announcement was well received by the market.

While sales volume of livestock and aquaculture feed increased, average selling prices fell short of expectations, resulting in sales being revised downward from 212,000 million yen to 211,000 million yen (up 0.6% year-on-year). However, profits were boosted by greater-than-expected improvement in the raw material position for livestock feed in the fourth quarter of the feed business. Additionally, increases in variable costs such as electricity and fuel costs came in below expectations, which also contributed to the upward revision.

In conjunction with the upward revision to earnings, the company raised its year-end dividend forecast from 30 yen to 35 yen. The annual dividend forecast is now 65 yen (compared to 52 yen in the previous fiscal year).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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