TOKYO, May 14 (Pulse News Wire) – SEC Carbon,limited (5304.T) reported lower-than-expected consolidated results for the fiscal year ending March 31, 2026, compared to its previous forecast. The company also recorded a special loss due to impairment charges related to its artificial graphite electrode manufacturing equipment.
In the fiscal year ended March 31, 2026, SEC Carbon's consolidated revenue was reported at ¥25.10 billion, operating profit at ¥4.008 billion, ordinary profit at ¥5.683 billion, and lower net profit per share stood at --¥3.7 million. These figures contrast with the previously announced forecasts of ¥26.60 billion in revenue, ¥4.100 billion in operating profit, ¥5.300 billion in ordinary profit, and a net income of ¥179.6 million per share. The significant difference in performance was attributed to slower recovery in aluminum smelting cathode block sales than anticipated, leading to lower revenues and operating profits.
However, foreign exchange rates moved more favorably than expected, contributing positively to ordinary profit along with higher dividend income from held shares. Notably, the company incurred a special loss of ¥6.063 billion due to impairment losses on its manufacturing assets, resulting in a lower net profit of ¥74 million for the fiscal year. Details of the impairment charge can be found in the company’s official statement.
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