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.
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.
| Item | Previous | Revised | Change |
|---|---|---|---|
| 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.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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