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MITANI SANGYO plunges in afternoon trading on forecast of 11% operating profit decline for fiscal year ending March 2027

Mon Apr 27, 2026 2:43 pm JST Catalyst

MITANI SANGYO <8285> shares plunged in afternoon trading. The company released its consolidated results for the fiscal year ended March 2026 and its full-year guidance for the fiscal year ending March 2027 around 2:00 p.m. today. MITANI SANGYO projects revenue of 113.0 billion yen (down 3.9% year-on-year) and operating profit of 3.0 billion yen (down 11.2% year-on-year), triggering selling pressure on concerns over the significant profit decline. Citing geopolitical tensions in the Middle East, the company anticipates higher raw material and logistics costs in its resin and electronics units, alongside reduced customer activity in its chemicals business. For the fiscal year ended March 2026, MITANI SANGYO reported revenue of 117.53 billion yen (up 14.0% year-on-year) and operating profit of 3.38 billion yen (up 62.9% year-on-year).

Source: MINKABU PRESS

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

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