Sumitomo Seika Chemicals Company,Limited. [4008.T]
TOKYO, May 12 (Pulse News Wire) – Sumitomo Seika Chemicals Company,limited. (4008.T) reported significant increases in its quarterly operating profit, ordinary profit, and net profit for the fiscal year ending March 31, 2026, compared to the previous fiscal year's results.
For the fiscal year ended March 31, 2026, the company’s earnings per share showed notable improvements. Revenue increased to ¥79.969 billion from ¥78.038 billion in the prior fiscal year. Operating profit rose to ¥7.725 billion from ¥6.32 billion, while ordinary profit grew to ¥15.086 billion from ¥7.932 billion.
Net profit surged to ¥8.916 billion, up from ¥4.808 billion in the previous fiscal year, marking an increase of 85.5%. Additionally, the company noted a special dividend related to surplus funds distributed by its subsidiary, which was recorded as extraordinary income, contributing significantly to the overall profitability. Sumitomo Seika Chemicals also conducted a stock split effective April 1, 2026, distributing five shares for every existing share.
The company calculated its earnings based on this assumption to ensure comparability with the previous fiscal year's figures.
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