Katakura & Co-Op Agri revises FY2026 outlook, reports higher-than-expected earnings

TOKYO, May 15 (Pulse News Wire) – Katakura & Co-op Agri Corporation (4031.T) revised its fiscal year 2026 outlook due to differences between previously stated forecasts and recent performance figures. The company reported higher-than-expected operating profit and ordinary profit compared to earlier estimates.

For the fiscal year ending March 31, 2026, the company's revenue was lower than anticipated at ¥42.651 billion, down from the previous forecast of ¥45.0 billion. However, operating profit improved significantly to ¥504 million from the estimated ¥240 million, while ordinary profit reached ¥371 million, up from ¥240 million. Net income attributable to shareholders also saw a substantial improvement, rising to ¥199 per share from the projected loss of ¥27 per share. The variance in results was attributed to several factors, including lower sales volumes in fertilizer distribution, early revenue generation from Shibuya Building, and cost improvements in the fertilizer business. Additionally, restructuring costs were lower than expected, contributing to a narrower lower net profit.

--- In separate individual performance comparisons against the prior fiscal year, Katakura & Co-op Agri reported mixed results. Revenue increased by ¥1.26 billion to ¥39.233 billion, driven by price adjustments and increased sales volume in the fertilizer sector, along with contributions from real estate rental income. Operating profit and ordinary profit declined by ¥207 million and ¥391 million respectively, primarily due to higher depreciation expenses related to new infrastructure investments and inventory valuation impacts. As a result, net income per share was ¥475 from ¥342 in the previous year, reflecting additional restructuring charges. The revisions highlight the company’s ongoing efforts to improve operational efficiency and adapt to market conditions, despite facing challenges in certain areas.