Komori
Revisions to earnings forecasts3865Hokuetsu CorporationMaterials and Chemicals

Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

Actual results for the second quarter (interim period) of the fiscal year ending March 2027 differed from the previous forecast. Net sales and operating profit were below the forecast, while ordinary profit and interim net income were above it. The full-year earnings forecast has not been changed.

Worth reading
60In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-2435
Millions of yen
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period)Previous forecast published Announced on 15 May 2026
Net Sales150,000→147,564Millions of yen
-1.6%
Operating profit-1,000→-1,442Millions of yen
-44.2%
Ordinary income-1,000→-405Millions of yen
+59.5%
Profit attributable to owners of the parent-1,000→654Millions of yen
+165.4%
Net income per share-6.3→4.12/ sen
+165.4%

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

Net sales fell below the previous forecast due to a decline in sales volumes of export paper, among other factors, and operating profit also fell below the forecast due to sales factors and deteriorating efficiency, among other factors. Meanwhile, ordinary profit exceeded the forecast due to the recognition of compensation received by overseas subsidiaries, among other factors, and interim net income attributable to owners of the parent also exceeded the forecast due to the recognition of gains on the forgiveness of lease liabilities, among other factors.

Previous-period resultsNet sales ¥139,787 million, operating profit ¥2,019 million, ordinary profit ¥3,006 million, interim net income attributable to owners of the parent ¥2,375 million, interim net income per share ¥14.12 (second quarter of the fiscal year ending March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales150,000 Millions of yen → 147,564 Millions of yen(-1.6)
Operating profit-1,000 Millions of yen → -1,442 Millions of yen
Ordinary income-1,000 Millions of yen → -405 Millions of yen
Profit attributable to owners of the parent-1,000 Millions of yen → 654 Millions of yen
Net income per share¥-6.3 / sen → ¥4.12 / sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period)
Publication date of previous forecastAnnounced on 15 May 2026
Previous-period resultsNet sales ¥139,787 million, operating profit ¥2,019 million, ordinary profit ¥3,006 million, interim net income attributable to owners of the parent ¥2,375 million, interim net income per share ¥14.12 (second quarter of the fiscal year ending March 2026)
Reason for the revisionNet sales fell below the previous forecast due to a decline in sales volumes of export paper, among other factors, and operating profit also fell below the forecast due to sales factors and deteriorating efficiency, among other factors. Meanwhile, ordinary profit exceeded the forecast due to the recognition of compensation received by overseas subsidiaries, among other factors, and interim net income attributable to owners of the parent also exceeded the forecast due to the recognition of gains on the forgiveness of lease liabilities, among other factors.
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.

Net sales fell below the forecast due to a decline in sales volumes of export paper, among other factors, and operating profit also fell below the forecast due to sales factors and deteriorating efficiency. Meanwhile, ordinary profit and interim net income attributable to owners of the parent exceeded the forecast due to the recognition of compensation received by overseas subsidiaries and gains on the forgiveness of lease liabilities, among other factors.

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 Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | Hokuetsu Corporation (3865) timely disclosure | Komori