Revised forecast
Fiscal year ending November 2026 · Cumulative second quarterPrevious forecast published 13 January 2026The 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.
The revision reflects the sustained high level of auction prices, progress in securing supplies of high-quality vehicles, the strengthening of the sales structure through improved inventory turnover and enhancements to the sales negotiation process, progress in improving the cost ratio, and ongoing efforts to improve operational efficiency.
| Item | Details |
|---|---|
| Net Sales | ¥19,000 million → ¥19,595 million（+3.1%） |
| Operating profit | ¥150 million → ¥262 million（+75.3%） |
| Ordinary income | ¥240 million → ¥433 million（+80.4%） |
| Profit attributable to owners of the parent | ¥140 million → ¥339 million（+142.8%） |
| Net income per share | 9.81 yen and sen → 23.77 yen and sen |
| Fiscal Period Covered | Fiscal year ending November 2026 |
| Period Covered | Cumulative second quarter |
| Publication date of previous forecast | 13 January 2026 |
| Previous-period results | Results for the second quarter of the fiscal year ended November 2025: net sales of ¥18,671 million, operating profit of ¥320 million, ordinary profit of ¥431 million, interim net income attributable to owners of the parent of ¥185 million, and interim net income per share of ¥13.20. |
| Reason for the revision | The revision reflects the sustained high level of auction prices, progress in securing supplies of high-quality vehicles, the strengthening of the sales structure through improved inventory turnover and enhancements to the sales negotiation process, progress in improving the cost ratio, and ongoing efforts to improve operational efficiency. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 core motorcycle business, auction prices have remained high, and the company expects vehicle sales prices to rise as it has secured supplies of high-quality vehicles. Gross profit and profit at each stage are expected to exceed the previous forecasts due to improved inventory turnover, enhancements to the sales negotiation process, improved cost ratios, and ongoing efforts to improve operational efficiency.