Adeka (4401) Q1 2027 earnings summary

Executive summary

• Net sales increased 15.2% year-over-year to ¥117.0 billion in FY2026 Q1, with operating profit rising 42.7% to ¥15.6 billion and profit attributable to owners of parent up 47.8% to ¥10,710 million.

• Overseas sales ratio grew to 55.9%, with overseas sales up ¥9.9 billion year-over-year.

• Growth was driven by strong demand in chemicals, semiconductor materials, and environmental materials, while food products saw increased sales but decreased profit due to higher raw material costs.

• The global economy remained uncertain due to resource price increases and Middle East tensions, but robust fiscal and monetary policies and AI-related capital investment supported business.

Financial highlights

• Net sales rose from ¥101.6 billion in FY2025 Q1 to ¥117.0 billion in FY2026 Q1.

• Operating profit increased from ¥10.9 billion to ¥15.6 billion year-over-year.

• Ordinary profit increased 50.2% year-over-year to ¥16,620 million.

• Comprehensive income nearly doubled to ¥20,357 million from ¥10,227 million a year earlier.

• Gross profit margin improved, with gross profit at ¥35,429 million versus ¥28,950 million last year.

Outlook and guidance

• Full-year net sales forecast revised to ¥462,000 million, up 10.9% year-over-year.

• Operating profit forecast for the year is ¥50,000 million, up 20.1% year-over-year.

• Profit attributable to owners of parent projected at ¥32,000 million, up 14.8% year-over-year.

• Annual dividend forecast raised to ¥132.00 per share, including a commemorative dividend.