Revised forecast
Fiscal 2027 · Full yearPrevious forecast published 9 May 2024The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Operating profit for fiscal 2025 reached the initial final-year target ahead of schedule, as sales of specialty glass, particularly low-thermal-expansion glass, grew substantially in response to a sharp expansion in demand for AI servers and the yen weakened. Investments to increase production of low-thermal-expansion glass will be brought forward.
| Item | Details |
|---|---|
| Net Sales | ¥1,350 100 million → ¥1,550 100 million（+14.8%） |
| Operating profit | ¥200 100 million → ¥360 100 million（+80.0%） |
| Fiscal Period Covered | Fiscal 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 9 May 2024 |
| Reason for the revision | Operating profit for fiscal 2025 reached the initial final-year target ahead of schedule, as sales of specialty glass, particularly low-thermal-expansion glass, grew substantially in response to a sharp expansion in demand for AI servers and the yen weakened. Investments to increase production of low-thermal-expansion glass will be brought forward. |
| Dividend forecast revision | Same as above (with ¥55 per share as the floor and a basic policy of a consolidated dividend payout ratio of 30% of recurring earnings) |
Items this document does not state (6)
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.Operating profit for fiscal 2025 reached the initial final-year target ahead of schedule, as sales of specialty glass, particularly low-thermal-expansion glass, grew substantially amid a sharp expansion in demand for AI servers and the yen's depreciation. Going forward, investments to increase production of low-thermal-expansion glass will be brought forward.