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KODAMA CHEMICAL shares hit daily limit down on forecast of 94% profit decline for fiscal year ending March 2027
KODAMA CHEMICAL INDUSTRY CO.,LTD. <4222> shares temporarily hit its limit-down. After the market close on the 14th, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting sales of 80 billion yen, down 3.3% year-on-year, and net profit of 1.4 billion yen, down 94.1%. The dividend forecast was set at 10 yen, unchanged from the previous year. The outlook for lower revenue and profit, following sharp expansion in the previous fiscal year, weighed on the stock.
Simultaneously, KODAMA CHEMICAL announced results for the fiscal year ended March 2026, with sales of 82.701 billion yen, up 5.2 times year-on-year, and net profit of 23.534 billion yen, compared with a 132 million yen loss in the previous year. The consolidation of Mepro Holdings, which owns automotive parts manufacturer Diamet, contributed significantly to the results.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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