Sagami Rubber Industries Reports Q4 Foreign Exchange Gain, Adjusts FY26 Forecast

TOKYO, May 19 (Pulse News Wire) – Sagami Rubber Industries CO.,LTD. (5194.T) reported a foreign exchange gain of ¥488 million for the fourth quarter ending March 31, 2026.

In contrast, during the third quarter (April 1, 2025 to December 31, 2025), the company recorded a foreign exchange loss of ¥1 million. For the fiscal year ending March 31, 2026, compared to previous forecasts released on May 19, 2025, Sagami Rubber's revenue decreased by ¥-¥188 million, operating profit fell by ¥-¥59 million, and ordinary profit dropped by ¥447 million. However, net income attributable to parent shareholders increased by ¥233 million.

The decline in sales was primarily due to reduced sales volumes in Plastics Seihin Jigyou and the withdrawal from care services. Despite efforts to improve profitability through price adjustments and restructuring unprofitable businesses, manufacturing costs rose due to sustained high prices in Energy Kakaku and the depreciation of the yen, leading to lower operating profits than forecasted. Nonetheless, the foreign exchange gain contributed to higher-than-expected ordinary profit and net income.

Detailed results for the fiscal year ending March 31, 2026, can be found in today’s published “Consolidated Financial Results Briefing for the Fiscal Year Ending March 31, 2026.”.