Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 February 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.
In the Precision Lamination and High-Performance Composite Materials segment, end demand related to both automotive applications and electronics recovered slowly, customers remained cautious in placing orders, and the challenging competitive environment also affected orders. In the Environmental Living Space and Engineering segments, the order environment, centered on equipment sales, remained sluggish due to the impact of economic slowdowns in certain regions, particularly China. In addition, the Company recorded an impairment loss on fixed assets and a valuation loss on investments in affiliates.
Impairment loss on fixed assets: ¥2,027 million; valuation loss on investments in affiliates: ¥189 million
| Item | Details |
|---|---|
| Net Sales | ¥8,464 million → ¥8,115 million（-4.1%） |
| Operating profit | ¥-9 million → ¥-78 million |
| Ordinary income | ¥4 million → ¥-68 million |
| Profit attributable to owners of the parent | ¥0 million → ¥-2,301 million |
| Net income per share | ¥0.03 → ¥-80.53 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Net sales of ¥10,620 million, operating income of ¥220 million, ordinary income of ¥248 million, net income attributable to owners of the parent of ¥262 million, and net income per share of ¥9.20 (fiscal year ended March 2025) |
| Reason for the revision | In the Precision Lamination and High-Performance Composite Materials segment, end demand related to both automotive applications and electronics recovered slowly, customers remained cautious in placing orders, and the challenging competitive environment also affected orders. In the Environmental Living Space and Engineering segments, the order environment, centered on equipment sales, remained sluggish due to the impact of economic slowdowns in certain regions, particularly China. In addition, the Company recorded an impairment loss on fixed assets and a valuation loss on investments in affiliates. |
| Details and amount of extraordinary loss | Impairment loss on fixed assets: ¥2,027 million; valuation loss on investments in affiliates: ¥189 million |
| 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 Company cited the slow recovery in end demand related to automotive applications and electronics, customers' cautious ordering throughout the year, the increasingly challenging competitive environment, including competition from overseas manufacturers, and the impact on orders of economic slowdowns in certain regions, particularly China. In addition, the recording of an impairment loss on fixed assets and a valuation loss on investments in affiliates resulted in a substantial decline in net income attributable to owners of the parent.