Nippon Shokubai (4114) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025 was ¥299.3 billion, down 3.0% year-over-year.

• Operating profit for the period was ¥15.2 billion, nearly flat year-over-year.

• Profit attributable to owners increased 2.5% to ¥14.4 billion, despite impairment losses at an equity-method associate.

• Comprehensive income surged 51.5% to ¥28.8 billion, driven by strong other comprehensive income.

• Solutions businesses saw both revenue and operating profit increase year-over-year, while materials business experienced a decline.

Financial highlights

• Segment income fell to ¥16.7 billion, down 8.7% year-over-year.

• ROE improved to 5.0%, while ROA remained at 4.6%.

• EBITDA for Q3YTD FY2025 was ¥44.0 billion.

• Basic earnings per share increased to ¥95.82 from ¥91.62 year-over-year.

• Total assets increased to ¥564.7 billion, up ¥21.1 billion from March 31, 2025.

Outlook and guidance

• Full-year FY2025 revenue forecast is ¥405.0 billion, down 1.1% from the previous year.

• Operating profit is projected at ¥18.0 billion, a 5.6% decrease year-over-year.

• Profit attributable to owners of parent is expected to decline 13.8% to ¥15.0 billion.

• No change in guidance from the previous announcement.

• Segment income for the full year is forecast at ¥19.7 billion, down 14.6% YoY.