Shikoku Kasei Holdings sees operating profit rise on fine chemicals strength

Shikoku Kasei Holdings Corporation announced its supplemental financial results for FY2025 3Q, reporting a net sales decrease of 525 million yen (1.0%) to 52,473 million yen, compared to 52,999 million yen in FY2024 3Q. Despite this, operating profit increased by 720 million yen (9.5%) to 8,275 million yen, up from 7,555 million yen in the prior year. Ordinary profit also rose by 625 million yen (7.9%) to 8,510 million yen.

The increase in operating profit was attributed to strong sales in fine chemicals, which offset decreases in organic chemicals and Housing Materials operations. Chemicals operations saw an increase in profit of 1.22 billion yen, while Housing Materials experienced a profit decrease of 480 million yen. However, profit attributable to owners of parent declined by 741 million yen (11.0%) to 6,022 million yen, partly due to a significant decrease in gain on sale of investment securities.

The company revised its full-year financial forecast for FY2025 upward, projecting an operating profit of 10,000 million yen (a 600 million yen increase from the previous forecast) and profit attributable to owners of parent of 7,000 million yen (a 500 million yen increase). Net sales projections remained unchanged at 70,000 million yen.