Unitika (3103) Q4 2026 earnings summary

Executive summary

• Revenue decreased by 6.2% year-over-year to ¥118,563 million due to business withdrawals, but operating profit surged 80.3% to ¥10,549 million from cost reductions and high-value product sales.

• Net income attributable to shareholders was ¥18,153 million, reversing a prior year loss, driven by special gains from asset sales and debt forgiveness.

• Major restructuring included withdrawal from unprofitable businesses and a focus on high-value, high-functionality products.

Financial highlights

• Operating profit rose 80.3% year-over-year to ¥10,549 million; recurring profit up 121.4% to ¥10,392 million.

• Special gains included ¥23,697 million from asset sales and ¥12,015 million from debt forgiveness; special losses included ¥14,884 million in restructuring costs.

• Cash and equivalents at year-end increased to ¥47,314 million, up ¥34,194 million from the previous year.

• Equity ratio improved to 35.7% from 10.4% year-over-year.

Outlook and guidance

• FY2027 forecast: revenue ¥84,000 million (down 29.2%), operating profit ¥8,000 million (down 24.2%), net income ¥5,000 million (down 72.5%).

• Continued focus on cost reduction, high-value product expansion, and organizational strengthening.