Sumitomo Bakelite (4203) Q1 2026 earnings summary

Executive summary

• Revenue for 1Q FY2026 rose 22.6% year-over-year to ¥95,211 million, driven by strong demand, higher sales volumes, price optimization, and favorable forex.

• Business profit increased 51.2% year-over-year to ¥13,625 million, with operating profit up 65.4% to ¥14,218 million.

• Profit attributable to owners of parent grew 46.8% year-over-year to ¥10,933 million.

Financial highlights

• Revenue increased by ¥17.5 billion year-over-year, with significant contributions from all segments.

• Gross profit for Q1 FY2026 was ¥31,693 million, up from ¥24,518 million year-over-year.

• Basic earnings per share increased to ¥124.61 from ¥84.99 year-over-year.

• Total assets reached ¥503,479 million, up ¥19,312 million from the previous fiscal year-end.

• Cash and cash equivalents at quarter-end were ¥130,290 million, up ¥5,538 million sequentially.

Outlook and guidance

• FY2026 revenue forecast is ¥337,000 million, up 5.4% from FY2025.

• Business profit forecasted at ¥38,000 million, a 10.2% increase year-over-year.

• Operating profit forecasted at ¥28,500 million (+5.7%), and EPS at ¥324.84.

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

• No changes to previously announced forecasts.