Revised forecast
Fiscal year ending October 2026 · Full yearPrevious forecast published 12 December 2025The 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.
In the smart-device field, royalty revenue declined as smartphone shipments fell due to soaring semiconductor prices. In the automotive field, development revenue declined as customer companies scaled back or suspended development amid the global slowdown in EV demand. Profitability deteriorated due to the fixed-cost burden characteristic of research and development-focused companies, and net income for the period is expected to fall below the forecast due to the recognition of structural reform costs. From the third quarter onward, the Company expects a recovery from orders for smart glasses and other products, sales results in the DX field, and lower depreciation expenses.
Structural reform costs: ¥143 million; impairment loss: ¥40 million; total: ¥183 million
| Item | Details |
|---|---|
| Net Sales | ¥3,500 million → ¥3,000 million（▲14.3%） |
| Operating profit | ¥100 million → ¥-350 million |
| Ordinary income | ¥150 million → ¥-230 million |
| Profit attributable to owners of the parent | ¥70 million → ¥-520 million |
| Net income per share | 13.32 yen and sen → -99.85 yen and sen |
| Fiscal Period Covered | Fiscal year ending October 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 December 2025 |
| Previous-period results | Consolidated results for the fiscal year ended October 2025: consolidated net sales of ¥3,359 million, consolidated operating profit of ¥45 million, consolidated ordinary profit of ¥71 million, net loss attributable to owners of the parent of ¥77 million, and net loss per share attributable to owners of the parent of ¥14.80. |
| Reason for the revision | In the smart-device field, royalty revenue declined as smartphone shipments fell due to soaring semiconductor prices. In the automotive field, development revenue declined as customer companies scaled back or suspended development amid the global slowdown in EV demand. Profitability deteriorated due to the fixed-cost burden characteristic of research and development-focused companies, and net income for the period is expected to fall below the forecast due to the recognition of structural reform costs. From the third quarter onward, the Company expects a recovery from orders for smart glasses and other products, sales results in the DX field, and lower depreciation expenses. |
| Details and amount of extraordinary loss | Structural reform costs: ¥143 million; impairment loss: ¥40 million; total: ¥183 million |
| 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.The reasons are a decrease in royalty revenue due to lower smartphone shipments, a decrease in development revenue as customer companies scaled back or suspended development in response to slowing EV demand, deteriorating profitability due to fixed-cost burdens, and the recognition of structural reform costs. The Company expects a recovery going forward from orders for devices other than smartphones, such as smart glasses, sales results in the DX field, and lower depreciation expenses.