Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
For the first half, performance is expected to exceed the previous forecast due to higher sales volumes, particularly in the automotive exhaust-gas purification catalyst sector, selling price revisions in response to higher raw material prices, the development of new projects, the weaker yen and valuation gains on derivatives. For the full year, the forecasts for profit at each stage have been revised upward after taking into account higher revenue resulting from selling price revisions and a change in the assumed exchange rate, as well as an expected decline in customer demand, lower transaction volumes due to raw material procurement conditions and higher production costs resulting from lower operating rates.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 18,400 / Full year 37,000 → Second quarter (interim period) 20,930 / Full year 42,500（Second quarter (interim period) 13.8 / Full year 14.9） |
| Operating profit | Second quarter (interim period) 1,400 / Full year 3,000 → Second quarter (interim period) 2,600 / Full year 3,500（Second quarter (interim period) 85.7 / Full year 16.7） |
| Ordinary income | Second quarter (interim period) 900 / Full year 2,000 → Second quarter (interim period) 2,620 / Full year 3,300（Second quarter (interim period) 191.1 / Full year 65） |
| Profit attributable to owners of the parent | Second quarter (interim period) 700 / Full year 1,500 → Second quarter (interim period) 1,860 / Full year 2,400（Second quarter (interim period) 165.7 / Full year 60） |
| Net income per share | Second quarter (interim period) ¥28.99 / Full year ¥62.12 → Second quarter (interim period) ¥77.02 / Full year ¥99.36 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Actual results for the same period of the previous year (second quarter of the fiscal year ending March 2026): revenue ¥17,148 million, operating income ¥1,097 million, ordinary income ¥366 million, interim net income attributable to owners of the parent ¥41 million, and interim net income per share ¥1.71. Actual results for the previous fiscal year (full year of the fiscal year ending March 2026): revenue ¥35,751 million, operating income ¥3,479 million, ordinary income ¥3,255 million, net income attributable to owners of the parent ¥2,514 million, and net income per share ¥103.85. |
| Reason for the revision | For the first half, performance is expected to exceed the previous forecast due to higher sales volumes, particularly in the automotive exhaust-gas purification catalyst sector, selling price revisions in response to higher raw material prices, the development of new projects, the weaker yen and valuation gains on derivatives. For the full year, the forecasts for profit at each stage have been revised upward after taking into account higher revenue resulting from selling price revisions and a change in the assumed exchange rate, as well as an expected decline in customer demand, lower transaction volumes due to raw material procurement conditions and higher production costs resulting from lower operating rates. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.For the first half, performance was driven by higher sales volumes, particularly in the automotive exhaust-gas purification catalyst sector, selling price revisions in response to higher raw material prices, the development of new projects, the weaker yen and valuation gains on derivatives. For the full year, revenue is now expected to increase as a result of selling price revisions and a change in the assumed exchange rate, in addition to reflecting the upside through the first half.