Microwave Chemical Co.,Ltd. [9227.T]
TOKYO, May 12 (Pulse News Wire) – Microwave Chemical CO.,LTD. (9227.T) reported lower sales for its fiscal fourth quarter ended March 2026, with revenue falling to ¥803 million compared to ¥1.2 billion in the same period last year.
The company also revised its full-year forecasts due to delays in several large projects, leading to a projected lower operating profit for the fiscal year ending June 2026. In the quarter, the firm secured 16 contracts out of a planned 25, achieving a progress rate of 64%. However, overall contract progress rates stood at 80% for the 12-month basis and 85% for the 15-month basis. Despite these challenges, the company remains committed to its growth strategy, focusing on micro-wave solutions and expanding into new ventures.
To address ongoing project delays, Microwave Chemical has taken steps to secure liquidity through long-term borrowings totaling ¥500 million. Additionally, the company updated its commitment line agreement with Shoko Chukin Bank in March 2025, securing ¥500 million over five years. Looking ahead, Microwave Chemical plans to focus on deepening partnerships and exploring new opportunities to diversify its revenue streams and reduce reliance on large-scale projects. The company aims to achieve sustained profitability by 2027, emphasizing continuous improvement in technology and operational efficiency.
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