Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 14 May 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.
Net sales are expected to fall below the previous forecast due to sluggish shipments of products for lithium-ion secondary batteries in the titanium oxide-related business and products for toner in the iron oxide-related business, among other factors. Meanwhile, profit and loss are expected to exceed the previous forecast due to thorough cost reductions and a decrease in income taxes and other adjustments resulting from the additional recognition of deferred tax assets, among other factors.
| Item | Details |
|---|---|
| Net Sales | ¥8,700 million → ¥8,100 million（-6.9%） |
| Operating profit | ¥240 million → ¥290 million（+20.8%） |
| Ordinary income | ¥170 million → ¥240 million（+41.2%） |
| Profit attributable to owners of the parent | ¥100 million → ¥200 million（+100.0%） |
| Net income per share | 33.7 yen → 67.25 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2025 |
| Previous-period results | Net sales: ¥7,794 million; operating income: ¥165 million; ordinary income: ¥110 million; net income attributable to owners of the parent: ¥200 million; earnings per share: ¥67.48 |
| Reason for the revision | Net sales are expected to fall below the previous forecast due to sluggish shipments of products for lithium-ion secondary batteries in the titanium oxide-related business and products for toner in the iron oxide-related business, among other factors. Meanwhile, profit and loss are expected to exceed the previous forecast due to thorough cost reductions and a decrease in income taxes and other adjustments resulting from the additional recognition of deferred tax assets, among other factors. |
| Dividend forecast revision | The year-end dividend forecast for the fiscal year ending March 2026 has been increased from ¥10 to ¥12 per share. The full-year dividend forecast has also been increased from ¥10 to ¥12 per share. |
| 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.Shipments of products for lithium-ion secondary batteries in the titanium oxide-related business and products for toner in the iron oxide-related business have been sluggish, resulting in an expected downward revision to net sales. Profit is expected to exceed the previous forecast due to thorough cost reductions and a decrease in income taxes and other adjustments resulting from the additional recognition of deferred tax assets.