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Revision to earnings forecasts3553KYOWA LEATHER CLOTH CO.,LTD.Materials and Chemicals

Notice Regarding Revisions to Earnings Forecasts

The full-year consolidated earnings forecasts for the fiscal year ending March 2027 were revised upward. Revenue was increased by ¥1,000 million, while operating profit, ordinary profit and net income attributable to owners of the parent are each expected to show either a narrower loss or a return to profitability.

Worth reading
65In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
1000
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 8 May 2026
Net Sales55,000→56,000million
+1.8%
Operating profit-150→100million
+166.7%
Ordinary income-400→-50million
+87.5%
Profit attributable to owners of the parent-500→20million
+104.0%
Net income per share-20.98→0.84Yen
+104.0%

The 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.

Reason for the revision

Operating profit reflects efforts to revise selling prices in light of the impact of the Middle East situation and other factors, foreign exchange effects, and lower costs from efforts to optimize fixed costs. Ordinary profit reflects the expected proceeds from the sale of a sales office. Net income reflects a reduction in the deduction for non-controlling interests due to the deterioration in the earnings outlook for China (共和興).

Previous-period resultsRevenue ¥55,816 million, operating profit ¥920 million, ordinary profit ¥1,006 million, net income attributable to owners of the parent ¥655 million, and earnings per share ¥27.51 (fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥55,000 million → ¥56,000 million(+1.8%)
Operating profit¥-150 million → ¥100 million
Ordinary income¥-400 million → ¥-50 million
Profit attributable to owners of the parent¥-500 million → ¥20 million
Net income per share-20.98 Yen → 0.84 Yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast8 May 2026
Previous-period resultsRevenue ¥55,816 million, operating profit ¥920 million, ordinary profit ¥1,006 million, net income attributable to owners of the parent ¥655 million, and earnings per share ¥27.51 (fiscal year ended March 2026)
Reason for the revisionOperating profit reflects efforts to revise selling prices in light of the impact of the Middle East situation and other factors, foreign exchange effects, and lower costs from efforts to optimize fixed costs. Ordinary profit reflects the expected proceeds from the sale of a sales office. Net income reflects a reduction in the deduction for non-controlling interests due to the deterioration in the earnings outlook for China (共和興).
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.

Operating profit reflects efforts to revise selling prices in light of the impact of the Middle East situation and other factors, foreign exchange effects, and lower costs from optimizing fixed costs. Ordinary profit reflects the expected proceeds from the sale of a sales office. Net income reflects a reduction in the deduction for non-controlling interests due to the deterioration in the earnings outlook for the Chinese subsidiary (共和興).

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Earnings Forecasts | KYOWA LEATHER CLOTH CO.,LTD. (3553) timely disclosure | Komori