TOKYO, Mar 13 (Pulse News Wire) – Kumiai Chemical Industry CO.,LTD. (4996.T) reported strong revenue growth for its fiscal first quarter ending October 2026.
Revenue surged to ¥46.7 billion, up 7.6% from ¥43.4 billion in the same period last year. Operating profit increased to ¥50 billion, while ordinary profit rose to ¥62 billion, marking respective increases of 25% and 24%. The performance was driven by robust sales across segments, particularly in the agricultural chemicals and specialty chemicals divisions. Agricultural chemicals and related products saw revenues climb to ¥37.8 billion, up 9%, fueled by strong demand for herbicides such as "Ephida" domestically and enhanced promotional support for generics in the US market.
Specialty chemicals also contributed significantly, with revenues reaching ¥67 billion, up 12%, due to high demand for electronic materials used in AI server manufacturing. Despite a slight decline in quarterly net income attributable to parent shareholders to ¥39 billion compared to ¥40 billion previously, the company maintained a positive outlook. It plans to enhance shareholder returns through a dividend policy targeting a payout ratio of more than 30%. The proposed annual dividend for fiscal 2026 is expected to be ¥24 per share, reflecting a payout ratio of 45.2%.
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