Komori
Revision to earnings forecasts3513ICHIKAWA CO.,LTD.Materials and Chemicals

Notice Regarding Recognition of Deferred Tax Assets and Revision of Consolidated Earnings Forecasts

Consolidated earnings forecasts for the interim period and full year of the fiscal year ending March 2027 have been revised upward. Overseas sales of papermaking belts are expected to expand, and the Company is expected to additionally recognize approximately ¥500 million in deferred tax assets, resulting in a particularly large increase in profit attributable to owners of the parent.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
195
% (change in interim net income attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026
Reason for the revision

Revenue, operating profit and ordinary profit are expected to exceed the previous forecasts due in part to expanded sales in overseas markets resulting from efforts to increase production of papermaking belts. In addition, because an adjustment to income taxes (gain) will be recognized in connection with the additional recognition of deferred tax assets, interim net income and net income for the year attributable to owners of the parent are also expected to exceed the previous forecasts.

Previous-period resultsSecond quarter (interim period) Net Sales ¥7,197 million / Operating profit ¥788 million / Ordinary income ¥942 million / Interim net income attributable to owners of the parent ¥697 million / Interim net income per share ¥163.13 / Full year Net Sales ¥14,791 million / Operating profit ¥1,570 million / Ordinary income ¥1,633 million / Profit attributable to owners of the parent ¥1,173 million / Net income per share ¥275.43
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) ¥7,300 million → ¥7,800 million(+6.8%) / Full year ¥14,700 million → ¥15,000 million(+2.0%)
Operating profitSecond quarter (interim period) ¥600 million → ¥820 million(+36.7%) / Full year ¥1,300 million → ¥1,400 million(+7.7%)
Ordinary incomeSecond quarter (interim period) ¥600 million → ¥940 million(+56.7%) / Full year ¥1,400 million → ¥1,550 million(+10.7%)
Profit attributable to owners of the parentSecond quarter (interim period) ¥400 million → ¥1,180 million(+195.0%) / Full year ¥900 million → ¥1,500 million(+66.7%)
Net income per shareSecond quarter (interim period) ¥95.07 → ¥279.30 / Full year ¥213.91 → ¥352.63
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast15 May 2026
Previous-period resultsSecond quarter (interim period) Net Sales ¥7,197 million / Operating profit ¥788 million / Ordinary income ¥942 million / Interim net income attributable to owners of the parent ¥697 million / Interim net income per share ¥163.13 / Full year Net Sales ¥14,791 million / Operating profit ¥1,570 million / Ordinary income ¥1,633 million / Profit attributable to owners of the parent ¥1,173 million / Net income per share ¥275.43
Reason for the revisionRevenue, operating profit and ordinary profit are expected to exceed the previous forecasts due in part to expanded sales in overseas markets resulting from efforts to increase production of papermaking belts. In addition, because an adjustment to income taxes (gain) will be recognized in connection with the additional recognition of deferred tax assets, interim net income and net income for the year attributable to owners of the parent are also expected to exceed the previous forecasts.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Efforts to increase production of papermaking belts have driven expanded sales in overseas markets, and revenue, operating profit and ordinary profit are expected to exceed the previous forecasts. In addition, the Company is expected to recognize approximately ¥500 million as an adjustment to income taxes (gain) in connection with the additional recognition of deferred tax assets, and interim net income and net income for the year attributable to owners of the parent are also expected to exceed the previous forecasts.

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