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Investing.com -- Iwatani reported a year-over-year decline in its first-quarter adjusted operating profit for fiscal year 2026, while maintaining its full-year guidance.
The company’s adjusted operating profit for the quarter fell to ¥7.5 billion from ¥8.4 billion in the same period last fiscal year. This decline was primarily attributed to lower profits in the Industrial Gases & Machinery segment, specifically in specialty gases.
Despite the quarterly profit drop, Iwatani kept its fiscal year 2026 adjusted operating profit guidance unchanged at ¥49.1 billion, compared to ¥46.0 billion achieved in fiscal year 2025. The first-quarter results represent approximately 15% of the company’s full-year guidance.
The company also maintained its dividend forecast for fiscal year 2026 at ¥47.0 per share.
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