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ISHIHARA SANGYO plunges in afternoon trading on 26% drop in operating profit forecast for March 2027
ISHIHARA SANGYO KAISHA, LTD. <4028> plunged in afternoon trading on May 12. The company announced its consolidated results for the fiscal year ended March 2026 at around 1:00 p.m., reporting sales of 154,897 million yen (up 6.7% year-on-year) and operating profit of 19,077 million yen (up 82.0%). Results were bolstered by expanded sales of herbicides and insecticides, alongside strong performance in electronic materials.
For the fiscal year ending March 2027, ISHIHARA SANGYO forecasts sales of 150 billion yen (down 3.2% year-on-year) and operating profit of 14,200 million yen (down 25.6%). The annual dividend is forecast at 130 yen, compared to 120 yen in the previous year. The outlook for a significant profit decline following record earnings triggered a heavy sell-off.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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