Revised forecast
Fiscal year ending July 2026 · Full yearPrevious forecast published 12 September 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
In the inspection solutions service, the allocation of resources to free sewerage surveys and drone demonstrations for local governments and other organizations resulted in smaller and fewer regular projects, delaying progress in the first half. The launch of new products and the review of overseas expansion also required more time, pushing back the timing of revenue recognition. Operating profit is expected to be affected by higher selling, general and administrative expenses resulting from increased sales activities, hiring activities, business development and expanded collaboration with external partners, while some SBIR research and development expenses are expected to shift to the next fiscal year, reducing expenses. Ordinary profit will be affected by the schedule for receiving some subsidy income also shifting to the next fiscal year in line with the delay in research and development expenses.
| Item | Details |
|---|---|
| Net Sales | ¥2,220 million → 1,700～1,900（△23.4％～△14.4％） |
| Operating profit | △2,412 → △2,154～△2,311 |
| Ordinary income | △177 → △574～△730 |
| Profit attributable to owners of the parent | △178 → △575～△731 |
| Net income per share | △¥9.44 → △¥30.26–△¥38.47 |
| Fiscal Period Covered | Fiscal year ending July 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 September 2025 |
| Previous-period results | Revenue ¥1,406 million, operating loss △¥1,588 million, ordinary profit ¥46 million, net income attributable to owners of the parent ¥46 million, and earnings per share ¥2.44 (fiscal year ended July 2025) |
| Reason for the revision | In the inspection solutions service, the allocation of resources to free sewerage surveys and drone demonstrations for local governments and other organizations resulted in smaller and fewer regular projects, delaying progress in the first half. The launch of new products and the review of overseas expansion also required more time, pushing back the timing of revenue recognition. Operating profit is expected to be affected by higher selling, general and administrative expenses resulting from increased sales activities, hiring activities, business development and expanded collaboration with external partners, while some SBIR research and development expenses are expected to shift to the next fiscal year, reducing expenses. Ordinary profit will be affected by the schedule for receiving some subsidy income also shifting to the next fiscal year in line with the delay in research and development expenses. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The allocation of resources to sewerage surveys and drone demonstrations for local governments and other organizations resulted in smaller and fewer regular projects, delaying progress in the first half. In addition, the timing of revenue recognition was pushed back because the launch of new products and the review of overseas expansion required more time. Regarding operating profit, selling, general and administrative expenses are expected to increase due to higher costs for sales activities, hiring and business development aimed at growth, while some SBIR research and development expenses are expected to shift to the next fiscal year, resulting in lower-than-expected selling, general and administrative expenses. Ordinary profit will be affected by the receipt of some subsidy income also shifting to the next fiscal year in line with the delay in research and development expenses.