FilingReader Intelligence

Chuo Spring revises up full-year earnings forecast for FY2026

November 28, 2025 at 05:19 AM UTCBy FilingReader AI

Chuo Spring Co., Ltd. announced on November 28, 2025, a revision to its full-year consolidated earnings forecast for the fiscal year ending March 2026. The company maintains its sales forecast at JPY 110,000 million and operating profit at JPY 2,500 million. However, ordinary profit is now projected at JPY 3,250 million, an increase of JPY 250 million (8.3%) from the previous forecast of JPY 3,000 million.

The upward revision is primarily due to the depreciation of the Japanese yen, with the assumed year-end exchange rate revised from 1 US$ = JPY 140 to 1 US$ = JPY 145, leading to foreign exchange valuation gains on foreign currency-denominated assets. Additionally, the company sold investment securities, generating a gain that further boosted the forecast.

As a result, profit attributable to parent company shareholders is now expected to reach JPY 10,500 million, a substantial increase of JPY 8,600 million (452.6%) from the initial JPY 1,900 million. This translates to a revised earnings per share of JPY 416.16, up from the previously forecast JPY 75.30.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:5992Tokyo Stock Exchange

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