kabutan

SUGAI CHEMICAL, First Half Ordinary Profit Unexpectedly Revised Upward by 45%

Thu Nov 6, 2025 3:30 pm JST Earnings

4120 SUGAI CHEMICAL INDUSTRY CO., LTD. 【J-GAAP】

Earnings Report

SUGAI CHEMICAL INDUSTRY CO., LTD. <4120> [TSE Std] announced its financial results after the market closed on November 6th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 261 million yen, an increase 45.0% compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 22.2% decrease.

Progress toward the full-year plan of 430 million yen was 60.7%, also surpassing the five-year average of 40.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to significant drop 63.6% from the same period last year to 169 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit/loss turned to a profit of 99 million yen (compared to a loss of 85 million yen in the same period last year). The operating profit/loss margin drastically improved from -6.2% in the same period last year to 7.6%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 3,560 379 425 290 222.2 57.4 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 2,541 117 180 112 85.8 28.0 Nov 6, 2024 J-GAAP
Apr - Sep, 2025 2,592 216 261 216 165.8 60.7 Nov 6, 2025 J-GAAP
YoY +2.0% +84.6% +45.0% +92.9% +93.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 2,150 100 140 90 68.9 0 May 8, 2025 J-GAAP
Apr - Sep, 2025 Results 2,592 216 261 216 165.8 0 Nov 6, 2025 J-GAAP
Revision Rate +20.6% +116.0% +86.4% +140.0% +140.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 4,081 424 464 251 192.2 70 May 8, 2025 J-GAAP
Oct - Mar, 2025 Guidance 4,058 134 169 84 64.3 70 Nov 6, 2025 J-GAAP
YoY -0.6% -68.4% -63.6% -66.5% -66.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 7,617 637 740 489 374.4 60 May 10, 2024 J-GAAP
Mar, 2025 6,622 541 644 363 278.0 70 May 8, 2025 J-GAAP
Mar, 2026 Guidance 6,650 350 430 300 229.6 70 May 8, 2025 J-GAAP
YoY +0.4% -35.3% -33.2% -17.4% -17.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,502 -93 -85 -71 -54.4 -6.2 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 1,811 330 369 263 201.5 18.2 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 2,270 94 95 -12 -9.2 4.1 May 8, 2025 J-GAAP
Apr - Jun, 2025 1,299 118 162 104 80.3 9.1 Aug 6, 2025 J-GAAP
Jul - Sep, 2025 1,293 98 99 112 86.0 7.6 Nov 6, 2025 J-GAAP
YoY -13.9% － － － －

Related Articles