Iwatani Corporation
Notice Regarding Revision of Earnings Guidance
Iwatani Corporation has revised downward its full-year earnings guidance for the fiscal year ending March 2026, with net sales at 888.0 billion yen (5.2% decrease from previous forecast), operating income at 35.8 billion yen (27.1% decrease), and net income attributable to owners of parent at 40.5 billion yen (17.0% decrease).
Key Figures
- Net Sales: 888,000 million yen (5.2% decrease from previous forecast)
- Operating Income: 35,800 million yen (27.1% decrease from previous forecast)
- Net Income Attributable to Owners of Parent: 40,500 million yen (17.0% decrease from previous forecast)
AI要約
Overview of Earnings Guidance Revision
Iwatani Corporation has revised its full-year earnings guidance for the fiscal year ending March 2026. Net sales decreased by 5.2% from the previous forecast of 936,400 million yen to 888,000 million yen. Operating income decreased by 27.1% from 49,100 million yen to 35,800 million yen, ordinary income declined by 23.6% from 63,100 million yen to 48,200 million yen, and net income attributable to owners of parent dropped by 17.0% from 48,800 million yen to 40,500 million yen. Net income per share also decreased to 175.96 yen from the previous forecast.
Reasons for Revision and Future Outlook
The downward revision of earnings guidance is due to geopolitical risks including developments in US trade and foreign policies, deterioration of Japan-China relations, prolonged Russia-Ukraine situation, as well as the impact of China’s economic slowdown. Additionally, it reflects market softness in helium within the industrial gases and machinery business and anticipated profit declines due to fluctuations in the LP gas market in the comprehensive energy business. There is no change to the forecast for the year-end dividend.
