Daiichi Kigenso Kagaku Kogyo Co., Ltd. (hereafter, the Company) reported Q1 FY2027/3 results with net sales of JPY 10,113 mn (+24.9% YoY), operating profit of JPY 1,152 mn (+119.4% YoY), ordinary profit of JPY 1,405 mn (+9,155.8% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 953 mn (versus a net loss of JPY 1 mn in the same period of the previous year).
Operating profit increased 119.4% YoY to JPY 1,152 mn, driven by higher sales volumes mainly in the Automotive Catalyst Area, as well as lower SG&A expenses.
The full-year forecast announced in May was based on conservative assumptions for sales volumes, and Q1 results have therefore raised expectations for an upward revision to the FY2027/3 full-year earnings forecast.
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