Revised forecast
Fiscal year ending March 2027 · Cumulative period through the second quarter (interim period) and full yearPrevious forecast published 13 May 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.
Assuming that geopolitical risks, including the situation in the Middle East, will continue at a certain level, the company expects net sales and operating profit to be broadly in line with the initial forecasts. Meanwhile, the reduction of cross-shareholdings is progressing smoothly, and gains on sales are expected to exceed the initial assumptions. Accordingly, full-year profit attributable to owners of the parent will be revised upward.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 37,000 / Full year 84,000 → Second quarter (interim period) 37,000 / Full year 84,000 |
| Operating profit | Second quarter (interim period) 1,740 / Full year 6,300 → Second quarter (interim period) 1,740 / Full year 6,300 |
| Ordinary income | Second quarter (interim period) 1,900 / Full year 6,500 → Second quarter (interim period) 2,000 / Full year 6,500（Second quarter (interim period) 5.3 / Full year Not disclosed） |
| Profit attributable to owners of the parent | Second quarter (interim period) 1,400 / Full year 4,400 → Second quarter (interim period) 2,150 / Full year 5,400（Second quarter (interim period) 53.6 / Full year 22.7） |
| Net income per share | Second quarter (interim period) 46.72 / Full year 146.83 → Second quarter (interim period) 71.7 / Full year 180.08 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Cumulative period through the second quarter (interim period) and full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Second-quarter results (second quarter of the fiscal year ended March 2026): net sales of ¥34,992 million, operating profit of ¥1,723 million, ordinary profit of ¥1,993 million, interim profit attributable to owners of the parent of ¥1,118 million, and interim earnings per share of ¥36.32. Full-year results (fiscal year ended March 2026): net sales of ¥78,163 million, operating profit of ¥5,685 million, ordinary profit of ¥6,261 million, profit attributable to owners of the parent of ¥3,975 million, and earnings per share of ¥130.51. |
| Reason for the revision | Assuming that geopolitical risks, including the situation in the Middle East, will continue at a certain level, the company expects net sales and operating profit to be broadly in line with the initial forecasts. Meanwhile, the reduction of cross-shareholdings is progressing smoothly, and gains on sales are expected to exceed the initial assumptions. Accordingly, full-year profit attributable to owners of the parent will be revised upward. |
| Dividend forecast revision | The interim dividend will be increased by ¥10, from ¥46 to ¥56 per share, and the year-end dividend by ¥8, from ¥36 to ¥44 per share. The annual dividend will therefore be increased by ¥18, from ¥82 to ¥100 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.Assuming that geopolitical risks, including the situation in the Middle East, will continue, the company expects net sales and operating profit to be broadly in line with the initial forecasts. Meanwhile, the reduction of cross-shareholdings is progressing smoothly, and gains on sales are expected to exceed the initial assumptions. Accordingly, profit attributable to owners of the parent was revised upward. Dividends were increased in light of the shareholder return policy, which is based primarily on the earnings forecast and progressive dividends.