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Sekisui Kasei surges for first time in eight sessions on return to profit, 5 yen dividend hike

Tue Apr 28, 2026 9:26 am JST Catalyst

Sekisui Kasei <4228> surged for the first time in eight sessions. Following the market close on the 27th, the company announced its consolidated net profit for the fiscal year ended March 2026 reached an estimated 2,100 million yen, a sharp turnaround from the previous year’s 6,282 million yen loss. The result significantly outperformed the previous breakeven forecast. Sekisui Kasei also hiked its year-end dividend forecast for the period by 5 yen to 15 yen. Buying interest intensified following the upward earnings revision and dividend hike.

The profit boost stems from the recording of approximately 4,000 million yen in deferred tax assets, following an assessment of tax-deductible losses from the divestiture of European subsidiaries last September. This will bolster the bottom line, offsetting a delay in booking gains from fixed asset sales at a subsidiary in Taiwan. Sekisui Kasei stated that revenue for the fiscal year landed in line with its original plan.

Source: MINKABU PRESS

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

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