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Soken Chemical & Engineering, First Half Ordinary Profit Decreases by 21%, Jul-Sep Ordinary Profit Decreases by 13%
4972 Soken Chemical & Engineering Co.,Ltd. 【J-GAAP】
Earnings ReportSoken Chemical & Engineering Co.,Ltd. <4972> [TSE Std] announced its financial results after the market closed on November 5th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 20.7% from the same period last year to 2.87 billion yen. Progress toward the full-year plan of 5.90 billion yen was 48.8%, also falling below the five-year average of 53.0%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 11.6% from the same period last year, reaching 3.02 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 1.57 billion yen, a 13.2% decrease compared to the same period last year. The operating profit margin decreased from 16.2% in the same period last year to 13.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 19,254 | 1,670 | 1,777 | 1,374 | 83.1 | 45.5 | Nov 6, 2023 | J-GAAP |
| Apr - Sep, 2024 | 24,330 | 3,792 | 3,631 | 2,804 | 169.3 | 57.3 | Nov 5, 2024 | J-GAAP |
| Apr - Sep, 2025 | 22,750 | 2,968 | 2,878 | 2,091 | 126.1 | 48.8 | Nov 5, 2025 | J-GAAP |
| YoY | -6.5% | -21.7% | -20.7% | -25.4% | -25.5% |
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 | 23,500 | 2,600 | 2,550 | 1,900 | 114.5 | 0 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 22,750 | 2,968 | 2,878 | 2,091 | 126.1 | 0 | Nov 5, 2025 | J-GAAP |
| Revision Rate | -3.2% | +14.2% | +12.9% | +10.1% | +10.2% |
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 | 23,303 | 2,555 | 2,708 | 1,574 | 95.0 | 62.50 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 25,750 | 3,032 | 3,022 | 1,909 | 115.0 | 63 | Nov 5, 2025 | J-GAAP |
| YoY | +10.5% | +18.7% | +11.6% | +21.3% | +21.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 41,318 | 3,828 | 3,909 | 2,629 | 158.9 | 47.50 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 47,633 | 6,347 | 6,339 | 4,378 | 264.2 | 62.50 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 48,500 | 6,000 | 5,900 | 4,000 | 241.0 | 63 | May 15, 2025 | J-GAAP |
| YoY | +1.8% | -5.5% | -6.9% | -8.6% | -8.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 12,673 | 2,055 | 1,816 | 1,349 | 81.4 | 16.2 | Nov 5, 2024 | J-GAAP |
| Oct - Dec, 2024 | 10,873 | 1,213 | 1,415 | 1,152 | 69.5 | 11.2 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 12,430 | 1,342 | 1,293 | 422 | 25.5 | 10.8 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 11,379 | 1,429 | 1,301 | 958 | 57.8 | 12.6 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,371 | 1,539 | 1,577 | 1,133 | 68.3 | 13.5 | Nov 5, 2025 | J-GAAP |
| YoY | -10.3% | -25.1% | -13.2% | -16.0% | -16.1% |
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