Revised forecast
Fiscal year ending April 2027 · Second quarter (interim period) and full yearPrevious forecast published Announced 10 June 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The company had previously left its earnings forecast undetermined due to heightened uncertainty over the procurement environment for raw materials and fuel resulting from the situation in the Middle East, rising costs and demand trends. However, based on first-quarter results and current conditions, it is now possible to make a reasonable calculation. Cost increases resulting from the situation in the Middle East will be absorbed through price pass-through, higher sales volumes and factory cost improvements, while the absence of an expected gain on reversal of the retirement benefit provision recorded in the previous fiscal year is a factor behind the decline in profit.
| Item | Details |
|---|---|
| Net Sales | To be determined → Interim period 14,570 / Full year 30,530 |
| Operating profit | To be determined → Interim period 1,170 / Full year 2,470 |
| Ordinary income | To be determined → Interim period 1,100 / Full year 2,300 |
| Profit attributable to owners of the parent | To be determined → Interim period 770 / Full year 1,610 |
| Net income per share | To be determined → Interim period 84.74 / Full year 177.18 |
| Fiscal Period Covered | Fiscal year ending April 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | Announced 10 June 2026 |
| Previous-period results | Interim period: Revenue ¥13,827 million, operating income ¥1,210 million, ordinary income ¥1,156 million, interim net income ¥803 million, interim net income per share ¥88.49. Full year: Revenue ¥28,008 million, operating income ¥2,679 million, ordinary income ¥2,563 million, net income ¥1,850 million, net income per share ¥203.79. |
| Reason for the revision | The company had previously left its earnings forecast undetermined due to heightened uncertainty over the procurement environment for raw materials and fuel resulting from the situation in the Middle East, rising costs and demand trends. However, based on first-quarter results and current conditions, it is now possible to make a reasonable calculation. Cost increases resulting from the situation in the Middle East will be absorbed through price pass-through, higher sales volumes and factory cost improvements, while the absence of an expected gain on reversal of the retirement benefit provision recorded in the previous fiscal year is a factor behind the decline in profit. |
| Dividend forecast revision | The previously undetermined dividend is set at ¥26 at the end of the second quarter, ¥26 at fiscal year-end and ¥52 for the full year. This represents an annual increase of ¥3 from the previous fiscal year's actual dividend. |
| Consolidated / non-consolidated | Non-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 company had previously left its forecasts undetermined due to the procurement environment for raw materials and fuel resulting from the situation in the Middle East, rising costs and uncertainty over demand trends. However, based on first-quarter results and current conditions, it is now possible to make a reasonable calculation. Cost increases resulting from the situation in the Middle East will be absorbed through price pass-through, higher sales volumes and factory cost improvements, while the absence of an expected gain on reversal of the retirement benefit provision recorded in the previous fiscal year, due to the sharp rise in long-term interest rates, is cited as a factor behind the decline in profit.