Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 11 November 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.
Revenue is expected to fall below the previous forecast due to a decline in automotive-related materials at a consolidated subsidiary. Operating profit is unchanged from the previous forecast due to the decrease in expense resulting from actuarial differences related to retirement benefit costs. Ordinary profit is expected to exceed the previous forecast due to a reduction in losses on the operation of investment partnerships. Although the company expects the impact of recognizing an impairment loss, reassessing deferred tax assets and other factors, net income attributable to owners of the parent is expected to exceed the previous forecast because subsidy income has increased from the ¥900 million assumed when the previous forecast was announced to ¥1.5 billion following confirmation of the grant amount.
An impairment loss is expected to be recognized. Amount: Not disclosed. The impact of reassessing deferred tax assets and other factors is also expected.
| Item | Details |
|---|---|
| Net Sales | ¥18,500 million → ¥18,400 million（-0.5%） |
| Operating profit | ¥40 million → ¥40 million（0.0%） |
| Ordinary income | ¥-170 million → ¥-120 million |
| Profit attributable to owners of the parent | ¥270 million → ¥660 million（+144.4%） |
| Net income per share | 27.03 yen and sen → 66.03 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 11 November 2025 |
| Previous-period results | Fiscal year ended March 2025: Revenue ¥17,124 million, operating profit ¥432 million, ordinary profit ¥279 million, net income attributable to owners of the parent ¥35 million, net income per share ¥3.59 |
| Reason for the revision | Revenue is expected to fall below the previous forecast due to a decline in automotive-related materials at a consolidated subsidiary. Operating profit is unchanged from the previous forecast due to the decrease in expense resulting from actuarial differences related to retirement benefit costs. Ordinary profit is expected to exceed the previous forecast due to a reduction in losses on the operation of investment partnerships. Although the company expects the impact of recognizing an impairment loss, reassessing deferred tax assets and other factors, net income attributable to owners of the parent is expected to exceed the previous forecast because subsidy income has increased from the ¥900 million assumed when the previous forecast was announced to ¥1.5 billion following confirmation of the grant amount. |
| Details and amount of extraordinary loss | An impairment loss is expected to be recognized. Amount: Not disclosed. The impact of reassessing deferred tax assets and other factors is also expected. |
| 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.Revenue is expected to fall short of the previous forecast due to a decline in automotive-related materials at a consolidated subsidiary. Although lower revenue will affect operating profit, the decrease in expense resulting from actuarial differences related to retirement benefit costs is expected to offset this impact, leaving operating profit unchanged. Ordinary profit is expected to exceed the previous forecast due to a reduction in losses on the operation of investment partnerships. Net income attributable to owners of the parent is expected to exceed the previous forecast, mainly because subsidy income has been confirmed at ¥1.5 billion, above the previously assumed ¥900 million.