kabutan

YOTAI REFRACTORIES, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 9% Decrease

Fri Nov 7, 2025 4:00 pm JST Earnings

5357 YOTAI REFRACTORIES CO.,LTD. 【J-GAAP】

Earnings Report

YOTAI REFRACTORIES CO.,LTD. <5357> [TSE Prime] announced its financial results after the market closed on November 7th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 15.8% from the same period last year to 1.40 billion yen, resulting in a decrease in profits compared to the previous forecast of a 14.0% increase.

In addition, the full-year forecast for consolidated ordinary profit has decreased 15.4%, from the previous forecast of 3.90 billion yen to 3.30 billion yen (compared to 3.64 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 9.3% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 3.9% from the same period last year to 1.89 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 0.75 billion yen, an increase of 1.5% compared to the same period last year. The operating profit margin remained almost flat, changing from 10.6% in the same period last year to 10.7%.

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 14,135 1,661 1,731 1,197 62.6 46.7 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 14,472 1,587 1,667 1,174 63.1 45.8 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 13,957 1,327 1,404 764 41.7 42.5 Nov 7, 2025 J-GAAP
YoY -3.6% -16.4% -15.8% -34.9% -33.9%

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 14,900 1,850 1,900 1,100 59.9 45 May 9, 2025 J-GAAP
Apr - Sep, 2025 Results 13,957 1,327 1,404 764 41.7 45 Nov 7, 2025 J-GAAP
Revision Rate -6.3% -28.3% -26.1% -30.5% -30.5%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 30,000 3,800 3,900 2,600 141.4 90 May 9, 2025 J-GAAP
Mar, 2026 New 29,000 3,200 3,300 2,100 114.2 90 Nov 7, 2025 J-GAAP
Revision Rate -3.3% -15.8% -15.4% -19.2% -19.2%

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 14,833 1,897 1,973 1,449 78.3 45 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 15,043 1,873 1,896 1,336 72.7 45 Nov 7, 2025 J-GAAP
YoY +1.4% -1.3% -3.9% -7.8% -7.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 29,128 3,602 3,704 3,878 205.5 85 May 10, 2024 J-GAAP
Mar, 2025 29,305 3,484 3,640 2,623 141.7 90 May 9, 2025 J-GAAP
Mar, 2026 Guidance 29,000 3,200 3,300 2,100 114.2 90 Nov 7, 2025 J-GAAP
YoY -1.0% -8.2% -9.3% -19.9% -19.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 6,944 737 747 529 28.4 10.6 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 7,841 1,040 1,100 777 41.8 13.3 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 6,992 857 873 672 36.3 12.3 May 9, 2025 J-GAAP
Apr - Jun, 2025 6,901 575 646 186 10.1 8.3 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 7,056 752 758 578 31.5 10.7 Nov 7, 2025 J-GAAP
YoY +1.6% +2.0% +1.5% +9.3% +10.9%

Related Articles