Central Glass Co., Ltd.
Notice of Revision to Consolidated Earnings Forecast for the 2027 Fiscal Year (Second Quarter and Full Year)
Revision of the consolidated earnings forecast for the second quarter of the 2027 fiscal year and full year. Revenue raised to 79,000 million yen in the second quarter (up 4,000 million yen from the previous forecast), and full-year revenue raised to 167,500 million yen (up 3,500 million yen from the previous forecast). The primary reason is absorbing raw material cost increases for certain gases used in electronic materials through pricing, while the first quarter remained solid.
Key Figures
- Revenue (Q2): 79,000 million yen
- Operating profit (Q2): 6,200 million yen
- Net income (full year): 8,000 million yen
AI要約
Overview of Performance
Central Glass has revised its earnings forecast for the second quarter and full year of the 2027 fiscal year. The second quarter is projected to report revenue of 79,000 million yen, operating profit of 6,200 million yen, ordinary profit of 6,300 million yen, and net income attributable to owners of parent of 4,200 million yen, with earnings per share of 169.40 yen. The year-over-year increase is not substantial, and the increases relative to the previous results are mainly due to solid performance in the first quarter and price adjustments. For the full year, the company now expects revenue of 167,500 million yen, operating profit of 11,000 million yen, ordinary profit of 11,300 million yen, and net income attributable to owners of parent of 8,000 million yen, all of which are upward revisions from the previous forecast.
Outlook and Considerations
As a note, the company indicates a plan to absorb the rising raw material costs for certain gases used in the electronic materials business through appropriate pricing. Forecasts are based on information currently available and may be revised as situations change. External factors such as exchange rates should also be monitored.
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Central Glass Co., Ltd.
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