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Revision of earnings forecasts3002GUNZE LIMITEDMaterials and Chemicals

Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated)

The company announced its consolidated results for the fiscal year ended March 2026, with revenue and profit down from the previous fiscal year. For the fiscal year ending March 2027, it presented full-year forecasts calling for a slight increase in revenue and a recovery in profit.

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Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→132,000million
+0.8%
Operating profit—→8,800million
+80.3%
Ordinary income—→8,400million
+70.7%
Profit attributable to owners of the parent—→5,200million
+921.6%
Net income per share—→165.9yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The company plans to pursue apparel business restructuring, the launch of environmentally responsive new products in the functional solutions business, and the expanded sales, development and launch of new products, and other initiatives in the medical business. No reason for the revision from the previous forecast is provided.

Details and amount of extraordinary loss

Business structure improvement expenses of ¥3,311 million, consisting of losses associated with the consolidation and reorganization of production and logistics sites in the apparel business and the implementation of an early retirement program, among other items. Total extraordinary losses were ¥4,528 million. The impairment loss of ¥1,118 million reported in the segment information is included in business structure improvement expenses.

Previous-period resultsRevenue ¥130,918 million, operating profit ¥4,882 million, ordinary profit ¥4,920 million, profit attributable to owners of the parent ¥509 million, and earnings per share ¥15.83 (fiscal year ended March 2026)
Dividend forecast revisionFor the fiscal year ending March 2027, the company forecasts a dividend of ¥216 per share, comprising an ordinary dividend of ¥147 and a special dividend of ¥69. Whether the dividend forecast has been revised is not specified.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → ¥132,000 million(+0.8%)
Operating profitNot disclosed → ¥8,800 million(+80.3%)
Ordinary incomeNot disclosed → ¥8,400 million(+70.7%)
Profit attributable to owners of the parentNot disclosed → ¥5,200 million(+921.6%)
Net income per shareNot disclosed → 165.9 yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsRevenue ¥130,918 million, operating profit ¥4,882 million, ordinary profit ¥4,920 million, profit attributable to owners of the parent ¥509 million, and earnings per share ¥15.83 (fiscal year ended March 2026)
Reason for the revisionThe company plans to pursue apparel business restructuring, the launch of environmentally responsive new products in the functional solutions business, and the expanded sales, development and launch of new products, and other initiatives in the medical business. No reason for the revision from the previous forecast is provided.
Details and amount of extraordinary lossBusiness structure improvement expenses of ¥3,311 million, consisting of losses associated with the consolidation and reorganization of production and logistics sites in the apparel business and the implementation of an early retirement program, among other items. Total extraordinary losses were ¥4,528 million. The impairment loss of ¥1,118 million reported in the segment information is included in business structure improvement expenses.
Dividend forecast revisionFor the fiscal year ending March 2027, the company forecasts a dividend of ¥216 per share, comprising an ordinary dividend of ¥147 and a special dividend of ¥69. Whether the dividend forecast has been revised is not specified.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

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.

Revenue declined in the fiscal year ended March 2026 due to the impact of the electronic components business, which was discontinued at the end of the previous fiscal year, lower overseas sales of plastic films, and a decline in existing apparel sales channels. Profit was affected by an inventory valuation write-down in the apparel business, sluggish sales in China and higher fixed costs in the medical business, and business structure improvement expenses in the apparel business. For the fiscal year ending March 2027, the company plans to pursue initiatives including apparel business restructuring, the launch of new products in the functional solutions business, and expanded sales in the medical business.

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Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated) | GUNZE LIMITED (3002) timely disclosure | Komori