Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 12 November 2025The 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.
Capital investment in AI semiconductors for data centers required for generative AI applications served as a driver, and customer inventory adjustments began to ease. As a result, orders in the distribution business gradually recovered from the latter half of the third quarter, with the recovery continuing in the fourth quarter, while selling, general and administrative expenses were also brought under control.
| Item | Details |
|---|---|
| Net Sales | 29,500 million yen → 32,614 million yen（+10.6%） |
| Operating profit | 810 million yen → 1,402 million yen（+73.2%） |
| Ordinary income | 780 million yen → 1,389 million yen（+78.1%） |
| Profit attributable to owners of the parent | 380 million yen → 945 million yen（+148.9%） |
| Net income per share | 108.61 yen → 270.37 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 November 2025 |
| Previous-period results | Net sales: ¥35,337 million; operating income: ¥1,552 million; ordinary income: ¥1,525 million; net income attributable to owners of the parent: ¥1,049 million; net income per share: ¥299.93 |
| Reason for the revision | Capital investment in AI semiconductors for data centers required for generative AI applications served as a driver, and customer inventory adjustments began to ease. As a result, orders in the distribution business gradually recovered from the latter half of the third quarter, with the recovery continuing in the fourth quarter, while selling, general and administrative expenses were also brought under control. |
| Dividend forecast revision | The year-end dividend forecast has been increased from ¥100.00 to ¥105.00 per share. The total annual dividend has also been increased from ¥100.00 to ¥105.00 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.Customer inventory adjustments began to ease against a backdrop that included capital investment in AI semiconductors for data centers serving generative AI applications, leading orders in the distribution business to recover from the latter half of the third quarter, with the recovery continuing in the fourth quarter, while selling, general and administrative expenses were also brought under control.