Asahi Rubber Reports QoQ Revenue Growth, Positive Net Profit

TOKYO, May 14 (Pulse News Wire) – ASAHI RUBBER INC. (5162.T) reported its fiscal year 2026 third quarter results, showing revenue growth of 2.8% to ¥7,843,426 thousand compared to the previous fiscal year.

Operating profit increased to ¥203,455.8 thousand, up 2.5%, while net profit reached ¥2,000 thousand, marking a positive turnaround from the prior year's loss. The breakdown of sales showed domestic revenues accounting for 76.0% of total sales, with overseas markets contributing 24.0%. Within overseas sales, Asia saw a slight increase of 3.5%, reaching 15.8% of total sales. North America also experienced growth, rising 46.4% to 1.7%.

In terms of business segments, industrial rubber products contributed 75.7% of total sales, followed by medical and hygiene rubber products at 24.3%. The company’s balance sheet indicated total assets of ¥9,731,779 thousand, with shareholders’ equity totaling ¥5,024,408 thousand. For the fiscal year ending March 31, 2027, ASAHI RUBBER INC. forecasts revenue of ¥8,117,776 thousand, expecting operating profit to reach ¥148,000 thousand, down 25.2% from the previous forecast.

The company anticipates a net profit of ¥1,000 thousand, reflecting a decrease of 46.5% from the previous year.