Sekisui Chemical announces share buyback despite revised earnings forecast

Sekisui Chemical's second-quarter results for the fiscal year ending March 2026 show net sales of 629,797 million yen (0.1% increase year-on-year) and operating profit of 45,447 million yen (6.7% decrease year-on-year). Due to lower-than-anticipated market conditions, the company revised its full-year consolidated forecast, expecting net sales of 1,323,200 million yen and operating profit of 110,000 million yen, both down from previous estimates.

Despite the revised forecast, Sekisui Chemical announced a share acquisition and cancellation program. The company plans to acquire up to 10m common shares, representing 2.41% of outstanding shares (excluding treasury shares), with a maximum cost of 30,000 million yen. The acquisition period is from October 31, 2025, to March 31, 2026.

Concurrently, Sekisui Chemical will cancel 10m common shares, or 2.27% of issued shares before cancellation, on November 25, 2025. This initiative aims to improve capital efficiency and implement a flexible capital policy, maintaining the annual dividend forecast of 80 yen per share.