Sekisui Chemical Co (SKSUF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for taking the time to join us today despite your busy schedule. My name is Shimizu, and I assumed the position of President and CEO in March this year. Let me express my sincere appreciation for your continued support. On page one, I will begin by uplining today's main points, focusing in particular on the messages we would like to emphasize. First, the results for FY2025. In FY25, net sales increased about 11.5 billion yen, reaching 1,309.3 billion yen. Operating profit was significantly impacted by weak market conditions both in Japan and overseas, resulting in 106.5 billion yen. However, we continued our efforts to shift toward high-value added products and made steady progress. Ordinary profit increased to 117.2 billion yen, supported largely by FX gains, and net profit was 75.2 billion yen, primarily due to impairment losses. ROE marked 9.1%. Regarding approved sky solar cell business, which I will explain in more detail later, preparations for future growth are progressing steadily. For FY2026, we are projecting growth for both net sales and operating profit. While the market environment remains challenging, we set the OP target at 115 billion yen, striving to achieve this goal one year behind our original timeline in the mid-term plan. We will continue to shift toward high-value-added products and accelerate growth. We forecast net profit of 76 billion yen and ROE of 9%. The impact of the Middle East situation has not been factored into our plan, and we will explain our approach later. Turning to shareholder returns, as announced in January, we set the year-end dividend at 40 yen per share, delivering an annual dividend of 80 yen per share. For FR26, we plan to increase the annual dividend by 1 yen to 81 yen per share, marking the 17th con...