Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published The dividend forecast was announced on 15 May 2026. The announcement date for the earnings forecast was Not disclosed.The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the first quarter, the Company captured front-loaded demand in its cutting tools business ahead of product price revisions by major manufacturers, as well as strong demand from the semiconductor equipment-related industry, particularly in the KMS business. As a result, each segment generated revenue and profit growth above expectations. Even assuming that performance from the second quarter onward will be in line with the initial plan, the Company now expects to exceed its interim and full-year earnings forecasts, prompting this revision. Dividends have been increased in light of the upward revision to the earnings forecasts and the shareholder return policy.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 21,400 / Full year 43,000 → Second quarter (interim period) 24,000 / Full year 45,000（Second quarter (interim period) ＋12.1％ / Full year ＋4.7％） |
| Operating profit | Second quarter (interim period) 486 / Full year 1,200 → Second quarter (interim period) 1,000 / Full year 1,600（Second quarter (interim period) ＋105.8％ / Full year ＋33.3％） |
| Ordinary income | Second quarter (interim period) 459 / Full year 1,150 → Second quarter (interim period) 1,000 / Full year 1,600（Second quarter (interim period) ＋117.9％ / Full year ＋39.1％） |
| Profit attributable to owners of the parent | Second quarter (interim period) 322 / Full year 800 → Second quarter (interim period) 600 / Full year 1,100（Second quarter (interim period) ＋86.3％ / Full year ＋37.5％） |
| Net income per share | Second quarter (interim period) ¥46.88 / Full year ¥116.47 → Second quarter (interim period) ¥87.35 / Full year ¥160.15 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | The dividend forecast was announced on 15 May 2026. The announcement date for the earnings forecast was Not disclosed. |
| Previous-period results | Actual dividends for the previous fiscal year (fiscal year ended March 2026): ¥15.00 interim, ¥20.00 year-end, and ¥35.00 annual. Prior-year actual results for the earnings forecast were Not disclosed. |
| Reason for the revision | In the first quarter, the Company captured front-loaded demand in its cutting tools business ahead of product price revisions by major manufacturers, as well as strong demand from the semiconductor equipment-related industry, particularly in the KMS business. As a result, each segment generated revenue and profit growth above expectations. Even assuming that performance from the second quarter onward will be in line with the initial plan, the Company now expects to exceed its interim and full-year earnings forecasts, prompting this revision. Dividends have been increased in light of the upward revision to the earnings forecasts and the shareholder return policy. |
| Dividend forecast revision | The interim dividend has been increased from ¥20.00 to ¥25.00 per share, and the year-end dividend from ¥20.00 to ¥25.00 per share. The annual dividend has been increased from ¥40.00 to ¥50.00 per share, an increase of ¥10 from the previous forecast. |
| Consolidated / non-consolidated | Consolidated and standalone |
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.In the first quarter, the Company captured front-loaded demand in its cutting tools business ahead of product price revisions by major manufacturers, as well as strong demand from the semiconductor equipment-related industry, particularly in the KMS business. As a result, each segment generated revenue and profit growth above expectations. Even assuming that performance from the second quarter onward will be in line with the initial plan, the Company now expects to exceed its interim and full-year forecasts. The dividend revision reflects the upward revision to the earnings forecasts and the Company's shareholder return policy.