Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 7 August 2026The 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 and operating profit were revised upward based on first-half results and the outlook for the second half. Raw material prices are expected to remain elevated in the second half. Operating profit is expected to be ¥200 million lower than the previous forecast, pre-tax profit is expected to be ¥1.9 billion lower, partly due to lower equity-method investment gains and losses, and profit for the period attributable to owners of the parent is expected to be ¥1.3 billion lower.
Impairment loss of ¥2,792 million due to discontinuation of the technical study of a new manufacturing process
| Item | Details |
|---|---|
| Net Sales | 455,000 Million yen → 475,000 Million yen（+4.4%） |
| Operating profit | 21,000 Million yen → 22,000 Million yen（+4.8%） |
| Profit attributable to owners of the parent | 20,500 Million yen → 20,500 Million yen |
| Net income per share | ¥139.71 yen → ¥139.38 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 7 August 2026 |
| Previous-period results | Revenue: ¥399,898 million; operating profit: ¥17,530 million; pre-tax profit: ¥21,493 million; profit for the period attributable to owners of the parent: ¥16,764 million; basic earnings per share: ¥112.15 |
| Reason for the revision | Revenue and operating profit were revised upward based on first-half results and the outlook for the second half. Raw material prices are expected to remain elevated in the second half. Operating profit is expected to be ¥200 million lower than the previous forecast, pre-tax profit is expected to be ¥1.9 billion lower, partly due to lower equity-method investment gains and losses, and profit for the period attributable to owners of the parent is expected to be ¥1.3 billion lower. |
| Details and amount of extraordinary loss | Impairment loss of ¥2,792 million due to discontinuation of the technical study of a new manufacturing process |
| Dividend forecast revision | No change (year-end dividend forecast: ¥70 per share; annual dividend: ¥140 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.The revisions reflect first-half results and the outlook for the second half. Raw material prices are expected to remain elevated in the second half. Revenue is expected to increase, while operating profit is expected to decline; pre-tax profit is also expected to decline, partly due to lower equity-method investment gains and losses.