Asahi Yukizai cuts 2026 forecasts on project delays

Asahi Yukizai Corporation, on September 26, 2025, revised its consolidated business forecasts for the fiscal year ending March 2026. For the second quarter cumulative period ending September 30, 2025, net sales are now estimated at JPY 39,300 million, down from JPY 41,500 million, while interim net income attributable to owners of parent is revised to JPY 2,400 million from JPY 3,000 million.

The full fiscal year ending March 31, 2026, also saw significant revisions. Net sales are now projected at JPY 80,000 million, a JPY 5,000 million reduction from the previously announced JPY 85,000 million. Net income attributable to owners of parent is revised to JPY 5,100 million, a JPY 1,300 million decrease from the initial JPY 6,400 million.

These revisions are primarily attributed to the postponement or review of semiconductor-related projects within the valve and piping systems divisions and decreased sales of electronic materials products in the resin divisions. The company stated that no changes have been made to the estimated dividend payment.