Sumitomo Bakelite (4203) Q4 2026 earnings summary

Executive summary

• Achieved record-high revenue and business profit in FY2025, with revenue rising 5.0% year-over-year to ¥319.9 billion, driven by robust semiconductor demand and high-value product sales.

• Business profit increased 11.8% to ¥34.5 billion; operating profit up 43.1% to ¥35.5 billion, reflecting improved profit structure and absence of prior-year impairment losses.

• Profit attributable to owners of parent grew 45.3% to ¥28.0 billion, with basic EPS at ¥319.52.

• Structural reforms and portfolio optimization advanced in High Performance Plastics and Quality of Life Products.

Financial highlights

• Gross profit grew to ¥100,108 million from ¥93,550 million year-over-year.

• Cash and cash equivalents at year-end increased by ¥21,218 million to ¥124,752 million.

• Total assets rose to ¥484,167 million, and total equity reached ¥350,646 million.

• Dividend per share for FY2025 was ¥110, with a forecast of ¥120 for FY2026.

• ROE improved from 6.5% to 8.8% year-over-year.

Outlook and guidance

• FY2026 revenue forecast at ¥337.0 billion, up 5.4% year-over-year.

• Business profit projected to rise 10.2% to ¥38.0 billion; operating profit to ¥37.5 billion.

• Profit attributable to owners of parent forecast at ¥28.5 billion.

• Dividend per share forecast increased to ¥120.00, up ¥10 from FY2025.

• Management highlights global economic uncertainty, energy prices, and supply chain risks as key challenges.