FUJI LATEX, Net Income Forecast for the Fiscal Year Revised Downward by 88%, Dividend Revised down by 2 Yen

FUJI LATEX CO.,LTD. <5199> [TSE Std] announced its financial results in the afternoon session on February 5th (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 95 million yen, a 2.1% decrease compared to the same period last year.

In addition, the full-year forecast for consolidated net income has decreased 87.6%, from the previous forecast of 283 million yen to 35 million yen (compared to 298 million yen in the previous period), leading to an increase in the profit decline rate from 5.0% to 88.3%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the October to March period (second half) has been revised downward from an expected profit of 246 million yen to a loss of 2 million yen (compared to a profit of 240 million yen in the same period of the previous year), turning to a loss outlook.

Due to a decline in performance, the company has reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 82 yen to 80 yen (compared to 78 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated net income increased 48.7% from the same period last year, reaching 58 million yen. The operating profit margin significantly improved from 3.1% in the same period last year to 6.6%.

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