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Shinto Toryo doubles full-year net profit forecast to ¥400 million

Tue, Oct 27, 2026 16:00 JST Shinto Toryo (4615.T) Paints 中文

Shinto Toryo (4615) on Oct. 27, 2026 raised its consolidated forecast for the fiscal year ending March 2027, doubling projected net profit attributable to owners of the parent to ¥400 million from ¥200 million.

FY net profit forecast¥400 million (from ¥200 million)
FY operating profit forecast¥400 million (from ¥200 million)
FY net sales forecast¥20.0 billion (from ¥19.0 billion)
H1 net profit forecast¥280 million (from ¥50 million)

The paint maker now expects full-year net sales of ¥20.0 billion, up 5.3% from the forecast it issued on May 12, 2026. Operating profit is projected to double to ¥400 million, and ordinary profit to rise 77.8% to ¥800 million. Earnings per share are forecast at ¥11.75, versus ¥5.88 previously.

ItemPreviousRevisedChange
Net sales¥19.0 billion¥20.0 billion+5.3%
Operating profit¥200 million¥400 million+100.0%
Ordinary profit¥450 million¥800 million+77.8%
Net profit¥200 million¥400 million+100.0%

In the fiscal year ended March 2026, the company posted net sales of ¥21.48 billion, operating profit of ¥255 million and a net loss of ¥593 million.

For the first half (April 1-Sept. 30, 2026), Shinto Toryo raised its sales forecast to ¥10.8 billion from ¥9.5 billion, operating profit to ¥240 million from ¥50 million, ordinary profit to ¥450 million from ¥150 million, and net profit to ¥280 million from ¥50 million. First-half EPS is now projected at ¥8.23, versus ¥1.47.

The company said higher volumes of some products and price revisions to offset soaring raw material costs are expected to lift first-half sales above its initial forecast. Higher sales, improved results at affiliates and fixed-cost containment are expected to push all profit lines above initial projections. The full-year revision reflects the revised first-half figures and the business environment going forward.


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