AI-driven semiconductor demand boosted advanced materials sales, lifting Tokyo Ohka Kogyo’s outlook above QUICK Consensus and setting up a third straight record year, while stronger first-half results also supported a higher second-half view.
Tokyo Ohka Kogyo raised its consolidated net profit forecast for the fiscal year ending December 2026 to ¥42.6 billion, up 28% from the previous fiscal year and ¥7.6 billion above its prior ¥35 billion estimate. The revised outlook is above the ¥40.5 billion market consensus compiled by QUICK Consensus and would mark a third consecutive record profit. The company also lifted its revenue forecast to ¥291 billion, up 23% year on year and ¥30 billion above its previous projection, and raised its operating profit forecast to ¥60.6 billion, up 28% and ¥8.4 billion higher than before. Tokyo Ohka Kogyo said stronger-than-expected demand for advanced semiconductor materials, including photoresist, was driven by AI data-center server buildouts tied to the expansion of generative AI. Its electronic functional materials and high-purity chemicals businesses both contributed, and a weaker-yen foreign-exchange assumption also supported the upgrade. The company raised its second-half outlook after first-half results exceeded plan.