Gunze Limited
Notice of Revision to Earnings Guidance
For the fiscal year ending March 2026, net sales have been significantly revised downward from 140 billion yen to 133 billion yen, a 5.0% decrease; operating income from 8.5 billion yen to 6.4 billion yen, a 24.7% decrease; and net income attributable to owners of parent from 2.8 billion yen to 1.6 billion yen, a 42.9% decrease.
Key Figures
- Net Sales: 133,000 million yen (△5.0% compared to previous forecast)
- Operating Income: 6,400 million yen (△24.7% compared to previous forecast)
- Net Income Attributable to Owners of Parent: 1,600 million yen (△42.9% compared to previous forecast)
AI要約
Overview of Revision to Earnings Guidance
Gunze Limited has revised its consolidated full-year earnings guidance for the fiscal year ending March 2026, announcing a significant downward revision: net sales have been reduced by 5.0% from 140 billion yen to 133 billion yen; operating income by 24.7% from 8.5 billion yen to 6.4 billion yen; ordinary income by 24.1% from 8.3 billion yen to 6.3 billion yen; and net income attributable to owners of parent by 42.9% from 2.8 billion yen to 1.6 billion yen. This revision is based on the performance during the cumulative third quarter period and the outlook going forward.
Reasons for Revision and Future Outlook
The plastic film business remains solid domestically, but the overseas market is experiencing greater-than-expected impacts due to stagnated consumption and price declines. The engineering plastics segment anticipates delays in semiconductor market recovery. The medical business faces delays in approval of new products and concerns over prolonged impact due to intensified regulations in the Chinese market and deteriorating Japan-China relations. While the apparel business is progressing well with structural reforms, sales are expected to fall short of previous forecasts due to consumer retrenchment and weak seasonal products caused by a mild winter. The dividend forecast remains unchanged at 216 yen per share.
