Kureha (TSE:4023) Stock Rebounds As Profit Returns Despite Loss History

Kureha stock went into this earnings print with a solid recent run, up about 20% over three months and closing at ¥4,420 on 7 August. The long term reputation is of a chemicals group wrestling with losses, while collecting a high dividend and carrying heavy debt. The headline this quarter is simple: profit is back.

Q1 2027 basic earnings per share landed at ¥112.22 with net income of ¥4,289m, a sharp swing from the deep loss reported in Q4 2026. For a stock priced above one discounted cash flow estimate and still unprofitable over the past year, that return to the black is the number that really matters.

Love Kureha's return to profit but worried about its history of losses and heavy debt? Take a look at our list of solid balance sheet and fundamentals stocks (40 results).

Q1 2027 Earnings Summary

• Revenue Q1 2027 vs. Q1 2026: ¥42,098m vs. ¥36,540m (up about 15.2%)
• Net Income Q1 2027 vs. Q1 2026: ¥4,289m vs. ¥2,061m (up about 108%)
• Basic EPS Q1 2027 vs. Q1 2026: ¥112.22 vs. ¥45.34 (up about 147%)
• Trailing twelve month Net Income to Q1 2027 vs. TTM to Q1 2026: loss of ¥8,465m vs. profit of ¥6,991m (swing to loss)

If you prefer clean charts to scrolling through long passages of text and raw figures, explore Kureha's full financial picture with a visual view of its recent profitability swing and earnings trend in our company report for Kureha.

Kureha’s earnings rebound and revenue traction

The latest quarter gives Kureha supporters something tangible. Revenue of ¥42,098m compares with ¥36,540m a year earlier and sits alongside a move back to profit, with net income of ¥4,289m and basic EPS of ¥112.22. That shift from a recent loss to earnings helps the story of a specialty materials and chemicals group that can translate its diversified exposure into cash generation. The share price gain of about 20% over 90 days is at least directionally consistent with markets warming to this recovery in reported profitability.

Loss history and balance sheet concerns remain

The bear case around Kureha does not disappear just because one quarter swung to profit. Trailing twelve month net income is still a loss of ¥8,465m compared with a prior period profit of ¥6,991m. That confirms the business is coming off a tough patch. The share price rise over 7, 30 and 90 days suggests investors have not focused solely on that loss history. However, for anyone worried about earnings volatility and past pressure on the balance sheet, the trailing figures back up a cautious stance despite the Q1 recovery.

Revenue growth, the swing back to profit and the recent 20% share price move suggest Kureha has cleared an important hurdle, while the trailing twelve month loss and history of balance sheet pressure keep the bear case alive in the background. Discover where the surface looks calm but the models start to disagree on Kureha's next few years and access the full street earnings and revenue analyst estimates for Kureha

Stay Ahead With Simply Wall St

If Kureha's swing back to profit has your attention, register for free with Simply Wall St and add it to a Watchlist to track the share price against fair value and watch for a better entry point. Once you decide to buy or sell, manage your holdings through the Portfolio Command Center so you see only the most important, stock moving updates instead of day to day noise. For longer term decisions, tap into thousands of investor views through the Community and see how others are interpreting the same numbers. By spotting potential catalysts and risks early, you give yourself a better chance of staying ahead of the wider market.

Seeking Alternatives Beyond Kureha Stock

Fresh ideas can move from quiet to breakout before most investors even notice. Use that first mover edge while it matters and before momentum gets fully caught. Act now.

• Spot potential compounders early by scanning a curated set of 63 high quality undiscovered gems that have stayed under the radar for now but might not for long.
• Zero in on resilience and staying power by reviewing a focused group of 56 resilient stocks with low risk scores before the crowd chases stability once volatility picks up.
• Ride structural themes with staying power by checking a filtered universe of 36 power grid technology and infrastructure stocks while these stories are still priced for early movers.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com