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Revision of earnings forecasts3402TORAY INDUSTRIES,INC.Materials and Chemicals

Notice Regarding Differences Between the Previous Fiscal Year’s Results and the Non-Consolidated Results of Our Subsidiary (SUIDO KIKO KAISHA,LTD.)

Compared with the previous fiscal year, SUIDO KIKO KAISHA,LTD.’s non-consolidated results for the fiscal year ending March 2026 increased in net sales, operating profit, ordinary profit and net income. Operating profit increased 112.2%, while ordinary profit increased 315.8%.

Worth reading
73In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
315.8
% (year-on-year change in ordinary profit)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full year
Reason for the revision

Construction work and deliveries progressed against a high level of order backlog, while construction progress and project completions remained firm. The increase in gross profit and improved project profitability absorbed the increase in personnel expenses associated with staff expansion and other factors. Dividends received of ¥156 million and foreign exchange gains of ¥235 million were recorded, while a ¥1,184 million loss on valuation of investment securities was recorded and the deferred income tax benefit increased.

Details and amount of extraordinary loss

Loss on valuation of investment securities: ¥1,184 million

Previous-period resultsNet sales: ¥16,260 million; operating profit: ¥831 million; ordinary profit: ¥517 million; net income: ¥54 million; earnings per share: ¥12.67 (fiscal year ended March 2025)
Dividend forecast revisionNo dividend forecast is provided for the fiscal year ending March 2027, due to the planned delisting.
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Previous-period resultsNet sales: ¥16,260 million; operating profit: ¥831 million; ordinary profit: ¥517 million; net income: ¥54 million; earnings per share: ¥12.67 (fiscal year ended March 2025)
Reason for the revisionConstruction work and deliveries progressed against a high level of order backlog, while construction progress and project completions remained firm. The increase in gross profit and improved project profitability absorbed the increase in personnel expenses associated with staff expansion and other factors. Dividends received of ¥156 million and foreign exchange gains of ¥235 million were recorded, while a ¥1,184 million loss on valuation of investment securities was recorded and the deferred income tax benefit increased.
Details and amount of extraordinary lossLoss on valuation of investment securities: ¥1,184 million
Dividend forecast revisionNo dividend forecast is provided for the fiscal year ending March 2027, due to the planned delisting.
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (6)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecast

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.

Construction work and deliveries progressed against a high level of order backlog, while construction progress and project completions remained firm. The increase in gross profit and improved project profitability absorbed the increase in personnel expenses associated with staff expansion. Ordinary profit included ¥156 million in dividends received and ¥235 million in foreign exchange gains. Net income included a ¥1,184 million loss on valuation of investment securities, while the deferred income tax benefit increased.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between the Previous Fiscal Year’s Results and the Non-Consolidated Results of Our Subsidiary (SUIDO KIKO KAISHA,LTD.) | TORAY INDUSTRIES,INC. (3402) timely disclosure | Komori