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Resonac Holdings raises first-half fiscal 2026 earnings forecast
Resonac Holdings Corporation <4004> announced after the market close that it has revised upward its first-half fiscal 2026 earnings forecast. The company raised its revenue guidance to 660 billion yen from 615 billion yen, up 2.8% year-on-year, operating profit to 57 billion yen from 35 billion yen, up 74.8%, and net profit to 38 billion yen from 20 billion yen, up 93.3%.
The upward revision is primarily driven by increased sales volumes of advanced semiconductor applications in the semiconductor and electronic materials segment. Meanwhile, Resonac Holdings left its full-year fiscal 2026 forecast unchanged, citing global uncertainties, maintaining revenue at 1.31 trillion yen, down 2.8% year-on-year, operating profit at 105 billion yen, up 2.3-fold, and net profit at 77 billion yen, up 2.7-fold.
The company also reported its first-quarter results, with revenue of 307.89 billion yen, down 4.1% year-on-year, operating profit of 22.14 billion yen, up 58.4%, and net profit of 15.28 billion yen, up 74.6%. The semiconductor and electronic materials segment performed strongly, with increased sales for advanced semiconductors including AI applications, while backend semiconductor materials achieved record quarterly sales.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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