Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Revenue was below forecast due to reviews of electricification-related development and capital investment plans by automotive-related companies, closer scrutiny of implementation timing, and the impact on the timing of revenue recognition from longer procurement lead times for some products. Profit was below forecast due to higher personnel expenses following the introduction of a new personnel system, repair expenses associated with renovation work at the head office building, and higher packing and freight costs. The full-year forecast was revised based on interim-period results and recent trends.
| Item | Details |
|---|---|
| Net Sales | Interim period 39,100 / Full year 84,000 → Interim period (current actual results) 32,176 / Full year (revised forecast) 77,000（Interim period -17.7 / Full year -8.3） |
| Operating profit | Interim period 1,520 / Full year 4,070 → Interim period (current actual results) 987 / Full year (revised forecast) 3,530（Interim period -35.1 / Full year -13.3） |
| Ordinary income | Interim period 1,670 / Full year 4,380 → Interim period (current actual results) 1,165 / Full year (revised forecast) 3,868（Interim period -30.2 / Full year -11.7） |
| Profit attributable to owners of the parent | Interim period 1,160 / Full year 3,060 → Interim period (current actual results) 846 / Full year (revised forecast) 2,730（Interim period -27.1 / Full year -10.8） |
| Net income per share | Interim period 90.97 / Full year 239.97 → Interim period (current actual results) 66.87 / Full year (revised forecast) 215.7（Interim period -26.5 / Full year -10.1） |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Interim period: revenue of ¥36,745 million, operating profit of ¥1,645 million, ordinary profit of ¥1,813 million, interim net income attributable to owners of the parent of ¥1,306 million, and interim net income per share of ¥102.58. Full year: revenue of ¥76,360 million, operating profit of ¥3,670 million, ordinary profit of ¥4,090 million, net income attributable to owners of the parent of ¥2,844 million, and net income per share of ¥223.14. |
| Reason for the revision | Revenue was below forecast due to reviews of electricification-related development and capital investment plans by automotive-related companies, closer scrutiny of implementation timing, and the impact on the timing of revenue recognition from longer procurement lead times for some products. Profit was below forecast due to higher personnel expenses following the introduction of a new personnel system, repair expenses associated with renovation work at the head office building, and higher packing and freight costs. The full-year forecast was revised based on interim-period results and recent trends. |
| Dividend forecast revision | The interim dividend was reduced from ¥48 to ¥44, and the year-end dividend forecast was reduced from ¥48 to ¥44, revising the annual dividend from ¥96 to ¥88. |
| 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.Revenue was below forecast due to reviews of electricification-related development and capital investment plans by major users, primarily automotive-related companies, and closer scrutiny of implementation timing, as well as the impact on the timing of revenue recognition from longer procurement lead times for some products. Profit was below forecast due to higher personnel expenses following the introduction of a new personnel system, repair expenses associated with renovation work at the head office building, and higher packing and freight costs. The full-year forecast was revised based on interim-period results and recent trends, while the dividend was reduced after taking into account business performance, the operating environment, and the basic policy of maintaining a consolidated dividend payout ratio of approximately 40%.