Sumitomo Bakelite (4203) Q2 2026 earnings summary

Executive summary

• Revenue for 2Q FY2025 rose 2.2% year-over-year to ¥156.5 billion, with business profit up 8.2% to ¥17.1 billion and operating profit up 5.1% to ¥16.5 billion, driven by strong semiconductor demand despite weak automotive components sales overseas.

• Profit attributable to owners increased 4.3% year-over-year to ¥13.3 billion.

Financial highlights

• Revenue growth was primarily driven by strong performance in Semiconductor Materials, offsetting declines in High Performance Plastics.

• Business profit increased by ¥1.3 billion year-over-year, mainly due to higher sales volume, improved cost structure, and a shift to high-value-added products.

• Operating profit was ¥16,462 million, up 5.1% year-over-year.

• Basic earnings per share increased to ¥151.65 from ¥136.80 year-over-year.

• Total assets reached ¥442,239 million, up ¥24,461 million from March 31, 2025.

Outlook and guidance

• FY2025 revenue is forecast at ¥310.0 billion, up 1.7% year-over-year, with business profit expected to reach ¥32.5 billion (+5.4%).

• Operating profit is projected to rise 25% to ¥31.0 billion, and profit attributable to owners is forecast at ¥23.5 billion (+21.9%).

• Basic earnings per share forecast is ¥268.16.

• No change in guidance from the previous announcement.