Hodogaya Chemical surges on net profit upgrade for FY26 as weak yen boosts outlook
Hodogaya Chemical <4112> surged following the market close on the 27th, as the company upgraded its consolidated outlook for the fiscal year ended March 2026. Revenue is now seen at 48 billion yen (down 1.2% year-on-year), up from a prior forecast of 47 billion yen, while net profit is projected at 3 billion yen (down 5.6%), beating the previous 2 billion yen estimate. The upward revision sparked strong buying interest.
While revenue topped earlier projections, the profit lift was driven by fixed-cost reductions, foreign exchange gains from the weak yen, and the sale of strategic shareholdings.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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