Zeon Raises Sales Forecast to 430 Billion Yen After First-Half Profit Rises 65%
Key Facts
Zeon raised its forecast for the fiscal year ending March 31, 2027, targeting consolidated sales of 430.0 billion yen and profit of 43.0 billion yen after first-half results showed strong growth in sales and profit. Sales reached 224.9 billion yen for the six months ended September 30, 2026, up 8.9% year on year. Operating profit jumped 65.0% to 31.9 billion yen over the same period. Profit attributable to owners of the parent also rose 17.8% to 26.3 billion yen. TipRanks published these figures on the company’s results and outlook, while the material does not include an official explanation of the drivers of the increase.
The figures show operating profit growth outpaced sales growth in the first half, rising 65.0% compared with an 8.9% increase in sales. Basic earnings per share were 137.25 yen, while comprehensive income reached 37.6 billion yen. The available material did not provide a breakdown linking these results to operating efficiency or increased demand, so the company does not attribute the growth to a specific factor in the published figures here. The results follow a previous fiscal year in which Zeon reported consolidated sales of 411.966 billion yen, down 2.1% from the prior year. In that year, ended March 31, 2026, operating profit rose 24.1% to 36.377 billion yen.
The new forecast exceeds the company’s previous estimates for the fiscal year ending March 31, 2027, which pointed to sales of 405 billion yen and operating profit of 38 billion yen. The previous estimates projected a 1.7% decline in sales and a 4.5% increase in operating profit, according to official company data. The updated forecast published through TipRanks sets sales at 430.0 billion yen and profit at 43.0 billion yen. The material does not include analyst estimates that could be used to compare the results or forecast with market consensus.
On its balance sheet, Zeon reported total assets of 605.5 billion yen as of September 30, while net assets stood at 406.5 billion yen. The company confirmed an interim dividend of 39 yen per share for the fiscal year ending March 31, 2027. It also kept its full-year dividend forecast at 79 yen per share, despite raising its sales and profit outlook. This places the interim dividend and annual forecast alongside the financial guidance update, without implying that a change to one automatically changes the other. The year-on-year comparison shows fiscal 2025 sales of 411.966 billion yen, against 420.647 billion yen in fiscal 2024.
The company had set October 29, 2026, as the date for announcing second-quarter results for fiscal 2026, an announcement that falls within the period covered by the six-month figures through September 30. The forecast update follows the release of those first-half results, while the new annual targets extend through the end of March 2027. First-half sales of 224.9 billion yen and operating profit of 31.9 billion yen remain the key published performance indicators for the period. The annual plan also combines a sales target of 430.0 billion yen, profit of 43.0 billion yen and an expected dividend of 79 yen per share. Open sources provided no further details about the company’s second-half outlook or the factors that will drive delivery of the annual targets.