Kuraray Co., Ltd.
Financial Summary for the Fiscal Year Ending December 2025 [Japanese GAAP] (Consolidated)
For the fiscal year ending December 2025, consolidated net sales were JPY 808,447 million (2.2% decrease YoY), operating income was JPY 58,882 million (30.8% decrease YoY), and net income attributable to owners of parent was JPY 7,468 million (76.5% decrease YoY). For the fiscal year ending December 2026, net sales are forecasted at JPY 850 billion, operating income at JPY 70 billion, and net income at JPY 40 billion. A share buyback of up to 8 million shares and JPY 10 billion is planned.
Key Figures
- Net Sales: JPY 808,447 million (Fiscal Year Ending December 2025, 2.2% decrease YoY)
- Net Income Attributable to Owners of Parent: JPY 7,468 million (Fiscal Year Ending December 2025, 76.5% decrease YoY)
- Annual Dividend: JPY 54 (Fiscal Year Ending December 2025 Forecast), JPY 64 (Fiscal Year Ending December 2026 Forecast, including 100th Anniversary Commemorative Dividend)
AI要約
Overview of Consolidated Results for the Fiscal Year Ending December 2025
Consolidated net sales for the fiscal year ending December 2025 were JPY 808,447 million, a 2.2% decrease compared to the previous year. Operating income was JPY 58,882 million (30.8% decrease), ordinary income was JPY 51,515 million (36.8% decrease), and net income attributable to owners of parent was JPY 7,468 million (76.5% decrease). The primary cause of the net income decline was the recognition of impairment losses related to assets in the isoprene chemical business and the elastomer business as special losses. By segment, the vinyl acetate business saw a significant decrease in net sales and deterioration in profitability; the isoprene business reduced its operating loss but remained in the red. The functional materials, fibers, and trading businesses were generally flat or slightly decreased.
Financial Position, Cash Flows, and Dividend Policy
Total assets increased to JPY 1,303,511 million compared to the previous fiscal year, but the equity ratio declined to 57.0%. Operating activities generated positive cash flow of JPY 98,591 million, investing activities used JPY 98,129 million, and financing activities used JPY 16,305 million. Dividends for fiscal year 2025 are planned at JPY 54 annually (interim 27 yen, year-end 27 yen), and for fiscal year 2026 are forecasted at JPY 64 annually (interim 32 yen, year-end 32 yen), including a 100th-anniversary commemorative dividend. A share buyback is planned between February 12 and May 31, 2026, with a maximum of 8 million shares and JPY 10 billion by market purchase; all acquired shares will be cancelled.
Earnings Forecast and Management Policy for the Fiscal Year Ending December 2026
The consolidated earnings forecast for the fiscal year ending December 2026 anticipates net sales of JPY 850 billion (5.1% increase YoY), operating income of JPY 70 billion (18.9% increase), ordinary income of JPY 64 billion (24.2% increase), and net income attributable to owners of parent of JPY 40 billion (435.6% increase), reflecting substantial profit growth. Based on the mid-term management plan “PASSION 2026,” the company aims to strengthen growth and expansion businesses and advance the business portfolio with a focus on sustainability, innovation, and human resource and organizational transformation as priority issues.
