Sk Kaken (4628) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, rose 1.6% year-over-year to ¥52,963 million, with profit attributable to owners of parent up 15.0% to ¥5,310 million.

• Operating profit declined 6.2% year-over-year to ¥5,764 million, while ordinary profit increased 11.7% to ¥6,914 million.

• Comprehensive income dropped 42.8% year-over-year to ¥3,782 million, mainly due to negative foreign currency translation adjustments.

Financial highlights

• Gross profit for the period was ¥15,976 million, with a gross margin of approximately 30.2%.

• Basic earnings per share increased to ¥393.67 from ¥342.48 year-over-year.

• Total assets as of September 30, 2025, were ¥193,444 million, and net assets were ¥165,683 million, with an equity-to-asset ratio of 85.6%.

• Cash and cash equivalents at period end were ¥51,230 million, down from ¥56,279 million at the start of the period.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥109,000 million (+2.7% YoY), operating profit of ¥12,800 million (+2.9% YoY), ordinary profit of ¥14,900 million (+0.2% YoY), and profit attributable to owners of parent of ¥10,800 million (+0.7% YoY).

• Annual dividend forecast maintained at ¥120 per share.