Revised forecast
Fiscal year ending March 2027 · Full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
While the difficulty of forecasting the impact of U.S. government tariff policies, the slowdown in EVs, particularly in North America, China's export controls and the situation in the Middle East is expected to continue, demand for semiconductors driven by AI and data centers, as well as demand related to aviation, space and defense, is expected to remain firm. The Electronic Functional Materials and Aluminum and Copper businesses are expected to report lower sales and lower profit on a combined basis, while the Equipment Materials and Metal Processing businesses are expected to report higher sales and higher profit.
On a consolidated basis, the company recorded a ¥240 million loss on valuation of investment securities, ¥1,302 million in provision for doubtful accounts, ¥136 million in business structure improvement expenses, a ¥28 million loss on the transition of a retirement benefit plan and ¥92 million in other items, for total extraordinary losses of ¥1,799 million. Business structure improvement expenses include ¥54 million in impairment losses on property, plant and equipment in the Equipment Materials segment and ¥58 million in impairment losses on property, plant and equipment in the Metal Processing segment.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥235,000 million（+7.0%） |
| Operating profit | Not disclosed → ¥10,700 million（+9.8%） |
| Ordinary income | Not disclosed → ¥10,000 million（+11.8%） |
| Profit attributable to owners of the parent | Not disclosed → ¥6,600 million（+17.9%） |
| Net income per share | Not disclosed → 219.95 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Previous-period results | Fiscal year ended March 2026: net sales of ¥219,720 million, operating profit of ¥9,743 million, ordinary profit of ¥8,947 million, net income attributable to owners of the parent of ¥5,598 million, and net income per share of ¥186.58 |
| Reason for the revision | While the difficulty of forecasting the impact of U.S. government tariff policies, the slowdown in EVs, particularly in North America, China's export controls and the situation in the Middle East is expected to continue, demand for semiconductors driven by AI and data centers, as well as demand related to aviation, space and defense, is expected to remain firm. The Electronic Functional Materials and Aluminum and Copper businesses are expected to report lower sales and lower profit on a combined basis, while the Equipment Materials and Metal Processing businesses are expected to report higher sales and higher profit. |
| Details and amount of extraordinary loss | On a consolidated basis, the company recorded a ¥240 million loss on valuation of investment securities, ¥1,302 million in provision for doubtful accounts, ¥136 million in business structure improvement expenses, a ¥28 million loss on the transition of a retirement benefit plan and ¥92 million in other items, for total extraordinary losses of ¥1,799 million. Business structure improvement expenses include ¥54 million in impairment losses on property, plant and equipment in the Equipment Materials segment and ¥58 million in impairment losses on property, plant and equipment in the Metal Processing segment. |
| Dividend forecast revision | For the fiscal year ending March 2027, the company forecasts an interim dividend of ¥45.00 per share, a year-end dividend of ¥45.00 per share and an annual dividend of ¥90.00 per share. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Although the outlook remains uncertain due to U.S. tariff policies, the slowdown in EVs, particularly in North America, China's export controls and the situation in the Middle East, demand for semiconductors driven by AI and data centers, as well as demand related to aviation, space and defense, is expected to remain firm. The Electronic Functional Materials and Aluminum and Copper businesses are expected to report lower sales and lower profit, while the Equipment Materials and Metal Processing businesses are expected to report higher sales and higher profit.