Sanyo Chemical Industries, Ltd.
FY2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)
For the third quarter of FY2026, sales were 96.6 billion yen (down 13.1% YoY), operating income was 7.558 billion yen (up 10.0% YoY), and net income attributable to owners of parent was 12.807 billion yen (up 251.8% YoY).
Key Figures
- Net Sales: 96,600 million yen (Down 13.1% YoY)
- Operating Income: 7,558 million yen (Up 10.0% YoY)
- Net Income Attributable to Owners of Parent: 12,807 million yen (Up 251.8% YoY)
AI要約
Performance Overview
In the consolidated cumulative third quarter period of FY2026, net sales decreased 13.1% YoY to 96.6 billion yen due to withdrawal from the superabsorbent polymer business and intensified competition from Chinese products. Conversely, operating income increased 10.0% YoY to 7.558 billion yen due to profitability improvements from business withdrawal and supply chain efficiency efforts. Ordinary income rose 9.4% to 9.393 billion yen. Net income attributable to owners of parent surged 251.8% YoY to 12.807 billion yen, reflecting the recognition of deferred tax assets related to the absorption-type merger of a consolidated subsidiary. The equity ratio improved by 2.1 points from the previous fiscal year-end to 78.9%.
Segment Performance Trends
The Living & Health-related Industries segment saw net sales decrease 50.0% following the withdrawal from the superabsorbent polymer business, resulting in an operating loss of 142 million yen. The Petroleum & Transportation-related Industries segment experienced a 1.7% decline in net sales to 36.905 billion yen, while operating income rose 41.5% to 4.376 billion yen. The Plastics & Fiber-related Industries segment recorded net sales down 3.9% to 19.643 billion yen and operating income down 21.8% to 1.764 billion yen. The Information & Electric/Electronic Industries segment showed healthy performance with net sales up 7.7% to 17.107 billion yen and operating income up 25.7% to 2.622 billion yen. The Environment & Housing Equipment Industries segment saw net sales fall 11.9% to 9.966 billion yen and an operating loss of 44 million yen.
Outlook and Earnings Forecast Revision
For the full fiscal year ending March 2026, the consolidated net income attributable to owners of parent forecast was revised downward from 16 billion yen to 14 billion yen, a 12.5% reduction. Sales, operating income, and ordinary income forecasts remain unchanged. The main reason for the forecast revision is the recognition of corporate tax adjustments associated with the treatment of tax loss carryforwards.
