Dexerials raises fiscal 2026 forecast on strong sales, yen depreciation

Dexerials Corporation announced a revised consolidated earnings forecast for the fiscal year ending March 31, 2026, anticipating higher net sales and profits. The company now projects net sales of 114,000 million yen, a 10.1% increase from the previous forecast of 103,500 million yen. Business profit is expected to reach 39,000 million yen, up 34.5% from 29,000 million yen, while profit attributable to owners of parent is revised upwards to 26,000 million yen, a 26.8% increase from 20,500 million yen. This positive revision is attributed to the strong performance of high-value-added products like anti-reflection films and the depreciation of the Japanese yen.

In a separate but related announcement, Dexerials' Board of Directors resolved to repurchase up to 2,500,000 shares of common stock, representing 1.42% of outstanding shares (excluding treasury shares), for a total amount of up to 5,000 million yen. The repurchase period is scheduled from November 13, 2025, to December 23, 2025, with shares to be retired on January 16, 2026. This initiative aims to enhance capital efficiency and shareholder returns.

For the six months ended September 30, 2025, Dexerials reported net sales of 57,456 million yen and business profit of 20,153 million yen, with profit attributable to owners of parent at 13,410 million yen, reflecting strong operational performance that exceeded prior expectations.