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YASUHARA CHEMICAL, First Half Ordinary Profit Increases by 30%, Second Half Dividend Postponed
4957 YASUHARA CHEMICAL CO.,LTD. 【J-GAAP】
Earnings ReportYASUHARA CHEMICAL CO.,LTD. <4957> [TSE Std] announced its financial results after the market closed on October 31st (18:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 0.99 billion yen, an increase 30.4% compared to the same period last year, exceeded the previous forecast of 0.77 billion yen.
Progress toward the full-year plan of 1.48 billion yen was 67.0%, also surpassing the five-year average of 52.2%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to significant drop 56.3% from the same period last year to 0.48 billion yen.
At the same time, In conjunction with a Tender Offer Bid (TOB), the company has decided to forgo the the second half of 6 yen for the current fiscal year.
In the most recent three-month period, from July to September (2Q), the ordinary profit surged 3.7 times that of the same period last year, reaching 0.47 billion yen. However, the operating profit margin significantly dropped from 13.6% in the same period last year to 9.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 6,323 | 143 | 554 | 466 | 49.0 | 47.2 | Oct 31, 2023 | J-GAAP |
| Apr - Sep, 2024 | 7,227 | 909 | 763 | 550 | 60.0 | 40.5 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 | 7,493 | 863 | 995 | 703 | 77.5 | 67.0 | Oct 31, 2025 | J-GAAP |
| YoY | +3.7% | -5.1% | +30.4% | +27.8% | +29.1% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 7,530 | 747 | 778 | 531 | 58.5 | 6 | Sep 19, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 7,493 | 863 | 995 | 703 | 77.5 | 6 | Oct 31, 2025 | J-GAAP |
| Revision Rate | -0.5% | +15.5% | +27.9% | +32.4% | +32.4% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 15,403 | 1,418 | 1,484 | 1,021 | 112.5 | 12 | Sep 19, 2025 | J-GAAP |
| Mar, 2026 New | 15,403 | 1,418 | 1,484 | 1,021 | 112.5 | 6 | Oct 31, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 7,434 | 911 | 1,119 | 826 | 90.5 | 6 | Apr 30, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 7,910 | 555 | 489 | 318 | 35.0 | 0 | Oct 31, 2025 | J-GAAP |
| YoY | +6.4% | -39.1% | -56.3% | -61.5% | -61.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 13,192 | 681 | 1,173 | 583 | 61.5 | 12 | Apr 30, 2024 | J-GAAP |
| Mar, 2025 | 14,661 | 1,820 | 1,882 | 1,376 | 150.8 | 12 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 Guidance | 15,403 | 1,418 | 1,484 | 1,021 | 112.5 | 6 | Oct 31, 2025 | J-GAAP |
| YoY | +5.1% | -22.1% | -21.1% | -25.8% | -25.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 3,682 | 499 | 129 | 109 | 11.9 | 13.6 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,679 | 470 | 812 | 554 | 60.6 | 12.8 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,755 | 441 | 307 | 272 | 29.8 | 11.7 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,885 | 530 | 516 | 361 | 39.8 | 13.6 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 3,608 | 333 | 479 | 342 | 37.7 | 9.2 | Oct 31, 2025 | J-GAAP |
| YoY | -2.0% | -33.3% | +271.3% | +213.8% | +217.0% |
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